News

April 10, 2023

Mighty Fall: Container Line Profits Plummet From Historic Peak

China’s Cosco Group — the world’s fourth-largest container line operator with an 11% market share — finally closed its books on 2022…

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April 9, 2023

Sweeping Changes To Classification System Took Effect April 8th

Making the National Motor Freight Classification® (NMFC®) system as easy as possible for the industry to use is a high…

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April 4, 2023

Warehouses Find Insulation From U.S. Banking Crisis

Industrial real-estate executives expect only limited fallout from the turmoil that has engulfed the U.S. banking sector, even as warehouse…

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April 3, 2023

Dispute Over Restructuring Between Yellow, Teamsters Gets More Strident

The conflict between the Teamsters union and Yellow, the largest unionized US trucking operator, is getting hotter, with Teamsters general…

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April 2, 2023

Hair Drug Testing Guidelines Sent to White House

WASHINGTON — A revamp of a controversial proposed rule setting standards for using hair to test truckers for drugs has…

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March 28, 2023

10 Trends Expected To Define Supply Chains and Shipping In 2023

1. Markets returning to normalcy Freeing up of capacity and tempering of freight rates has brought markets almost back to…

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March 22, 2023

Florida-based Flagship Transport Abruptly Ceases Operations

Some 455 truck drivers who hauled freight under the banner of Flagship Transport LLC, a logistics holding company headquartered in…

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March 21, 2023

Labor Tensions Rise in Stalled West Coast Port Contract

Tensions in long-running contract talks at West Coast ports are worsening, with employers accusing unionized dockworkers of slowing cargo handling…

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March 16, 2023

US Truckload Rates Drop Sharply in February , but Not LTL Pricing

A 9.7 percent drop in the long-distance US truckload producer price index (PPI) in the first two months of 2023…

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March 15, 2023

Globalization Not Going Into Reverse, Annual Index Finds

Despite much hand-wringing to the contrary over the past three years, the end of globalization is nowhere near nigh. The…

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