🎣 Chicago Takes the Crown
Plus: Brokers return, Hormuz spikes rates, LTL stays stuck in a tough year, and more.
California invests over $1.5B in port infrastructure, including $450M for zero-emission projects, to boost efficiency, sustainability, and resilience in its supply chain.
Labor strikes at Canadian ports disrupt supply chains as ships reroute to Seattle. These disruptions affect the $225 billion in annual cargo flow, impacting U.S. trade.
As shipping rates fall, many who started trucking companies during the pandemic, like Arnesha Barron, are facing financial hardship. Discover their stories.
Nikola Corp. delivers a significant number of battery-electric trucks and receives a grant to build hydrogen refueling stations, pushing forward in the zero-emission space.
Negotiations between UPS and Teamsters hit a roadblock with the union rejecting the company's offer. A strike looms if no agreement is reached.
Knight-Swift Transportation lowers operating performance forecast due to persistently soft demand in the full truckload market.
The rapid hiring in warehousing during the pandemic slows down, reflecting changes in the labor market and a slowdown in online sales growth.
Amidst a surplus of supply and dropping demand, contract rates in the dry van truckload market continue to experience a downward trend.
Convoy adjusts staffing levels in response to market conditions, underscoring the challenges and resilience in the logistics sector.
Global air cargo demand remains weak, barring southern China's strong e-commerce volumes. Rates see region-specific shifts amidst rising operational costs.
Knight-Swift boosts assets with the $808m acquisition of U.S. Xpress, poised to reshape the logistics industry landscape and market dynamics.
Tennessee truck accident results in two fatalities and driver's arrest on charges of criminally negligent homicide.
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