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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Major shipping companies fuel an industry boom with record $90 billion vessel orders, but the overcapacity threat looms.
Unseasonable surge in demand for domestic transportation offers a glimmer of hope, with OTVI up 7% versus month-ago levels.
The cleanup costs for Norfolk Southern's Ohio derailment have surged to $803 million, with additional expenses still under negotiation.
The Marcelino Serna Port of Entry in Texas is set to resume handling commercial truck traffic, providing an alternative route to busy El Paso crossings.
Yellow Corp. plans to sell Yellow Logistics Inc. amidst unresolved labor disputes and financial troubles. Potential bankruptcy looms as negotiations stall.
Amid mixed signals, Yellow Corp, the third-largest LTL company, may be on the brink of bankruptcy, posing a significant impact on the logistics sector.
Waymo pivots from self-driving trucks to ride-hailing, allocating more resources to this sector due to promising commercial opportunities.
As per Instawork's data, the US supply chain is experiencing a recovery, with west coast manufacturers at the forefront of this trend.
The USTDA is funding a study for an intermodal rail terminal in Chiapas to bolster local supply chains and decarbonize Southern Mexico's transport sector.
UPS, Teamsters reach a tentative deal on a five-year contract, averting potential nationwide strike.
US box demand remains weak, reflecting stunted goods economy—no growth seen in six years.
Yellow halts nationwide pickups amid strike threats and declining shipments.
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