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Logistics operators with ties to China are expanding their warehouse space across the U.S. in response to significant shifts in sourcing, manufacturing, and global trade dynamics.
Read more.October's PMI is the lowest recorded in the past 12 months and is 1.4% below the 12-month average of 47.9, with March recording the highest level at 50.3.
Read more.After months of uncertainty, transportation pricing is showing signs of recovery, indicating a potential shift towards a more optimistic freight market. This uptick is driven by retailers re-energizing their inventories, suggesting they anticipate increased consumer demand.
Read more.A Florida man has been indicted on multiple charges for allegedly stealing the identification information of his deceased business partner to secure COVID-19 business loans from the government.
Read more.A decline in capacity is typical during low-rate environments, and Landstar has seen a continuous decrease in owner-operator counts for the past 10 quarters.
Read more.The latest U.S. Bank Freight Payment Index indicates that truck freight shipments and spending continued to contract in the third quarter of 2024, albeit at a slower pace than earlier in the year.
Read more.As Halloween approaches, shoppers can expect to see an increase in candy prices, particularly for popular brands like Hershey and Mars. According to recent data, cocoa prices have doubled since the beginning of 2024 and are projected to remain high through at least September 2025.
Read more.This week, we spotlight T Logistics 4B LLC, a versatile freight brokerage headquartered in El Paso, TX. Specializing in full truckload (FTL) transportation, T Logistics 4B offers expert solutions for both refrigerated and dry van shipments, providing seamless service that bridges the gap between shippers and carriers.
Read more.Total intermodal volume in the third quarter saw a significant increase of 9.8% year-over-year, with international containers rising by 15.4% and domestic containers improving by 6%.
Read more.The owner of a small trucking company has been charged in connection with a multi-million dollar scheme to defraud investors over several years.
Read more.A former trucking company owner has been ordered to pay millions in forfeiture and restitution as part of a decade-long bribery scheme.
Read more.In 2024, the average salary for truck drivers in Mexico is approximately $423 per month, according to recent statistics from Data Mexico and the Ministry of Economy.
Read more.The International Longshoremen’s Association (ILA) and employers represented by the United States Maritime Alliance (USMX) announced on Friday that they will resume negotiations for a new master contract in November.
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