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Transportation Prices On The Rise In October
After months of uncertainty, transportation pricing is showing signs of recovery, indicating a potential shift towards a more optimistic freight market.
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After months of uncertainty, transportation pricing is showing signs of recovery, indicating a potential shift towards a more optimistic freight market.
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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.
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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.
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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.
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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.
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The owner of a small trucking company has been charged in connection with a multi-million dollar scheme to defraud investors over several years.
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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%.
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Cross-border truck transits between Mexico and the United States have reached historic highs, coinciding with heightened attention on tariffs and trade policy amid the U.S. election.
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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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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.
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A former trucking company owner has been ordered to pay millions in forfeiture and restitution as part of a decade-long bribery scheme.
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The busiest ocean container gateway in the U.S. is on track to handle $1 trillion worth of imports in a single quarter, driven by a booming economy and strong consumer spending.