News

December 1, 2023

Feds Told to Start Rating ‘Unrated’ Trucking Companies for Safety

WASHINGTON — Major trucking companies and brokers who book their freight are pressuring the Federal Motor Carrier Safety Administration to…

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November 29, 2023

Reviving Yellow: A Bid to Resurrect the Fallen Trucking Giant

The bankruptcy of Yellow, a significant player in the trucking industry, has sparked a complex situation involving various stakeholders, including…

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November 16, 2023

Global Container Shipping Industry Faces Turbulent Times Ahead

Darkening Outlook and Challenges Ahead The global container shipping industry is bracing for a challenging period, with Drewry’s latest container…

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November 15, 2023

Enhancing Port Security and Efficiency: The Introduction of the CBP SPACE Act to Bolster Federal Funding for U.S. Inspection Services

The CBP SPACE Act, recently introduced in the U.S. House of Representatives, aims to increase federal funding for inspection services…

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November 14, 2023

Shipping Industry Faces Potential $10 Billion Annual Loss by 2050 Due to Climate Change Challenges

The Mississippi River, a crucial artery for U.S. commerce, has been experiencing severe drought conditions leading to significantly lowered water…

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November 3, 2023

Maersk Cutting 10,000 Jobs Amid Ocean Shipping Turbulence

Maersk’s recent announcement of intensifying job cuts is a response to the deteriorating market conditions in ocean shipping. CEO Vincent…

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November 1, 2023

USDOT Grants $82.6 Million for Road Safety in 46 States

The U.S. Department of Transportation announced it awarded $82.6 million in road safety planning grants to 46 states, including projects…

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October 31, 2023

Convoy’s Tech Focus may have Obscured Importance of Human Elememt

In early 2020, a well-known transportation executive was asked by an investor in digital freight broker Convoy Inc. to determine…

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October 30, 2023

Yellow’s Fall Boosts Rivals in LTL Trucking Market

The recent collapse of Yellow, one of the largest U.S. trucking companies, has unexpectedly benefited its competitors in the less-than-truckload…

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October 28, 2023

9 Types of Trucks in Logistics: Definitions and Importance

The trucking industry plays a pivotal role in the world of logistics, serving as a cornerstone for businesses reliant on…

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