🎣 Chicago Takes the Crown
Plus: Brokers return, Hormuz spikes rates, LTL stays stuck in a tough year, and more.
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.
Diesel prices surge 9.9¢ in a week, hitting $3.905 a gallon, marking the largest increase since March 2022.
A reignited fire in a Nikola electric truck stirs safety concerns and raises questions about potential recalls.
Canadian authorities bust major auto theft ring, recovering stolen goods worth $9.24M and arresting 15 individuals in "Project Big Rig" operation.
Aurora Innovation completes a capital raise of $820 million, supporting its autonomous trucking venture launch.
Knight-Swift's profit dips in Q2 as U.S. freight demand dwindles and revenues across trucking units drop sharply.
The Teamsters union retracts a strike threat at trucker Yellow, preventing potential liquidation.
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Warehouse rents will continue to rise despite falling logistics transportation rates, says the CEO of the world's largest warehouse landlord.
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