Plus: chameleon carriers defend their tactics, UPS and FedEx ground MD-11s after a deadly crash, and Oklahoma steps up CDL enforcement.
Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in today’s newsletter.
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Global manufacturers, led by insights from Lectra, are realigning their operations closer to American markets for better efficiency and control.
Panama Canal delays causing major U.S. trade disruptions. Rising costs & supply chain challenges are anticipated.
Yellow delays final paychecks to its laid-off employees by a day and has $92.9M in vacation pay up in the air after bankruptcy.
Forward Air Corp. and Omni Logistics combine forces in a definitive cash-and-stock merger transaction set to close this year.
Descartes’ report reveals U.S. container imports for July 2023 increased from June, aligning with pre-pandemic seasonal trends.
Beijing warns economists to avoid discussing negative economic outlook after post-COVID recovery fizzles. FDI drops by $100 billion.
National average diesel price rises for the third week, up by 43.3¢ since July 17. Diesel now 75.4¢ cheaper than the same period in 2022.
Cargo Sous Terrain' plans underground self-driving pods for freight, aiming to reduce road traffic by 40% and CO2 emissions by 80%.
Almost all electric trucks made by Volvo and Mack in the past four years are being recalled due to potential battery fire risks.
With reduced earnings and increased layoffs, truck drivers are leaving supply chain jobs amidst a harsh freight recession.
S&P Global's manufacturing activity index reflects slow global growth in July 2023, with significant contraction in Europe and relative stability in the Americas.
AAR's report on mixed rail volumes for July 2023 offers insights into the complex economic trends in the U.S., reflecting both optimism and caution.
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