News
December 1, 2023
Feds Told to Start Rating ‘Unrated’ Trucking Companies for SafetyWASHINGTON — Major trucking companies and brokers who book their freight are pressuring the Federal Motor Carrier Safety Administration to…
November 29, 2023
Reviving Yellow: A Bid to Resurrect the Fallen Trucking GiantThe bankruptcy of Yellow, a significant player in the trucking industry, has sparked a complex situation involving various stakeholders, including…
November 16, 2023
Global Container Shipping Industry Faces Turbulent Times AheadDarkening Outlook and Challenges Ahead The global container shipping industry is bracing for a challenging period, with Drewry’s latest container…
November 15, 2023
Enhancing Port Security and Efficiency: The Introduction of the CBP SPACE Act to Bolster Federal Funding for U.S. Inspection ServicesThe CBP SPACE Act, recently introduced in the U.S. House of Representatives, aims to increase federal funding for inspection services…
November 14, 2023
Shipping Industry Faces Potential $10 Billion Annual Loss by 2050 Due to Climate Change ChallengesThe Mississippi River, a crucial artery for U.S. commerce, has been experiencing severe drought conditions leading to significantly lowered water…
November 3, 2023
Maersk Cutting 10,000 Jobs Amid Ocean Shipping TurbulenceMaersk’s recent announcement of intensifying job cuts is a response to the deteriorating market conditions in ocean shipping. CEO Vincent…
November 1, 2023
USDOT Grants $82.6 Million for Road Safety in 46 StatesThe U.S. Department of Transportation announced it awarded $82.6 million in road safety planning grants to 46 states, including projects…
October 31, 2023
Convoy’s Tech Focus may have Obscured Importance of Human ElememtIn early 2020, a well-known transportation executive was asked by an investor in digital freight broker Convoy Inc. to determine…
October 30, 2023
Yellow’s Fall Boosts Rivals in LTL Trucking MarketThe recent collapse of Yellow, one of the largest U.S. trucking companies, has unexpectedly benefited its competitors in the less-than-truckload…
October 28, 2023
9 Types of Trucks in Logistics: Definitions and ImportanceThe trucking industry plays a pivotal role in the world of logistics, serving as a cornerstone for businesses reliant on…