A penny stock wiped $4.8B off C.H. Robinson's market cap yesterday. Plus: self-driving trucks are now running 1,000 miles nonstop, STG Logistics cleared a major bankruptcy hurdle, the FMCSA revoked nine ELDs, and more.
For a long time, secure parking lived in the “nice-to-have” bucket. That framing no longer works. In today’s environment, secure parking functions as a preventative security layer.
Here’s what’s trending across freight and logistics on X, LinkedIn, Reddit, and YouTube.
Despite the rise in US manufacturing spending, the expected impact on trucking freight volumes may not be as significant due to industry specifics.
Major companies Apple, TSMC, and Mazda are diversifying their supply chains away from China due to geopolitical tensions and COVID-19 impacts.
The Russia-Ukraine conflict is reshaping global trade, affecting tanker demand and potentially stimulating maritime trade post-war through reconstruction efforts in Ukraine.
U.S. retailers, including Walmart, Kroger, and Whole Foods, are being targeted with bomb threats demanding ransom in the form of Bitcoin or gift cards, causing widespread disruptions.
A Federal Reserve Bank of San Francisco research paper suggests 60% of the US inflation surge since 2021 is due to global supply chain disruptions. An easing of these pressures is now evident with lower freight and container rates.
FedEx Freight is closing 29 locations to streamline its operations, significantly impacting Arkansas and surrounding states.
Extreme weather and climate change pose challenges to the Panama Canal, affecting global trade and increasing costs for shipping companies.
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.
Generative AI could drastically transform supply chains, enabling demand forecasting, route optimization, and potentially reducing human roles. Companies like Maersk are increasingly integrating AI into their operations.
U.S. heavy industry is seeing a surge of investment, creating a 'manufacturing supercycle' that could shape the economic landscape for years to come.
Following a major roadway collapse, Pennsylvania's governor announces a swift two-week repair plan for Interstate 95, bringing relief to the trucking industry.
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