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Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
Plus: Arkansas unveils an AI truck inspection plan, bankruptcies climb, Congress pushes CDL English rules, and more in today’s newsletter.
FedEx Freight is closing 29 locations to streamline its operations, significantly impacting Arkansas and surrounding states.
The South is transforming into the US's new industrial heartland, with investments pouring into sectors such as EV battery production.
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Check the varying trends for 30-day average dry van rates in the Greenscreens Network across different routes as of June 19, 2023. Rates subject to market and seasonal factors.
U.S. heavy industry is seeing a surge of investment, creating a 'manufacturing supercycle' that could shape the economic landscape for years to come.
Signs point to the trucking industry nearing the end of the current freight recession, with trucking revenue still high despite reduced demand. A market turnaround, however, is yet to be seen.
Tiger Cool Express, an innovator in temperature-controlled domestic intermodal, has closed, impacting over 50 jobs. The closure follows declining demand for intermodal and low trucking rates.
US cities see inflation return to Fed's 2% target. Major factors like energy costs and consumer spending reflect optimistic economic outlook.
Explore a 20-year analysis of U.S. trade shifts with China and the rise of South and Southeast Asian countries as significant trading partners.
Less-than-truckload carrier Yellow Corp. faces a financial crisis, potentially running out of cash by August. The Teamsters union, citing past mismanagement, refuses another bailout.
Comprehensive insights from the Cass Freight Index report for May 2023. Understand the latest trends in shipments, expenditures, freight rates, and the truckload linehaul index.
FTR forecasts a positive turn for dry van and reefer spot rates despite an industry-wide loss of capacity and concerns over economic inflation.
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