The trucking sector is nearing balance as freight demand rises and capacity tightens, according to ACT Research Co.'s latest indices. Story by Connor D. Wolf.Ěý
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December 11, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Arizona City Gifts Land for New Cross-Border Trucking Port
The existing port — which is 5 miles away and expanded 27 years ago from the original one built in 1933 — can no longer handle today’s traffic and commercial vehicle inspection demands.
December 10, 2024FreightVana Buys Brokerage Operations of Loadsmith
FreightVana believes the deal will boost its position in the power-only brokerage segment.ĚýLoadsmith provides power-only and standard freight brokerage.
December 9, 2024RXO Invests $13.7 Million to Expand in North Carolina
North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.
December 9, 2024Trucking Demand and Capacity Edge Closer to Equilibrium
“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.
December 5, 2024Canada Trade Surplus With US Narrows as Tariff Fight Looms
Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.
December 5, 2024Port Operators Threaten to Halt Talks Over Automation Issue
Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.
December 5, 2024House and Senate Finalize Water Infrastructure Package
Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.
December 4, 2024GXO CEO Wilson to Step Down as Company Spurns Sale Offers
GXO Logistics announced Dec. 3 that CEO Malcolm Wilson plans to retire in 2025, but he will continue to lead the company during the search for a successor.
December 3, 2024Tally of US Shoppers Slipped During Thanksgiving Weekend
Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.
December 3, 2024