The contract cushion brokers relied on is nearly gone. Here's what that means for your margins. Plus: FMCSA is pulling ELDs fast, Hormuz cracks open - barely, $821k ghost load scheme, and more.
Plus: Brokers return, Hormuz spikes rates, LTL stays stuck in a tough year, and more.
“If you can build it, own it, and it works as well as what you’re paying for—why wouldn’t you?”
Tennessee truck accident results in two fatalities and driver's arrest on charges of criminally negligent homicide.
Amid weak freight rates and the influx of new ships, container lines like Zim are struggling, looking for ways to reduce their legacy charter liabilities.
UPS is facing a potential large-scale strike from the Teamsters Union if a better offer isn't delivered soon, threatening significant economic and business impacts.
Spot market faces a stagnant bottom due to lack of consistent trends. While there are some rate upticks, major surge in rates seems unlikely without a significant market shift.
Uber Freight report unveils the trucking industry might be driving double the estimated empty miles, pointing to the need for better load visibility and optimal routing.
Over 60 small trucking companies face significant debt as Transplus Freight files for bankruptcy, highlighting the challenging dynamics within the logistics sector.
In a seismic shift for the logistics industry, TuSimple, a leading figure in autonomous truck software, is poised to exit
Trucking company Yellow faces bankruptcy following financial struggles and a dispute with its union, raising concerns about pandemic relief loan management.
The Russia-Ukraine conflict is reshaping global trade, affecting tanker demand and potentially stimulating maritime trade post-war through reconstruction efforts in Ukraine.
West Coast dockworkers' 32% pay raise and $72m 'hero bonuses' reflect a growing trend of frontline workers seeking recognition for their services during the pandemic.
Prologis, the world's leading industrial property company, acquires nearly 14 million square feet of logistics real estate from Blackstone, further strengthening its market position.
The Florida Tomato Exchange is urging for an end to the 2019 Tomato Suspension Agreement with Mexico, citing continued harm to the US tomato industry due to unfairly priced imports.
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