Trucking’s lingering freight recession, combined with a steep decline in spot market rates for carriers over the last 18 months, is tightening capacity, according to FMCSA data and FTR Intel.
January 16, 2024Search
Showing 10 of 9287 results
How the Red Sea Conflict Is Crimping Global Trade
The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.
January 12, 2024Port of Los Angeles Leader Outlines Ambitious Goals for 2024
With billions of federal, state and local dollars being spent at the nation’s ports, these critical economic engines are poised to accelerate efforts toward low- and zero-carbon emissions.
January 12, 2024PS Logistics Buys Buddy Moore Trucking
PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.
January 12, 2024DOD Announces Delay in $17.9B Military Moving Contract
U.S. Transcom announced that an IT systems glitch is delaying implementation of a contract designed to improve the quality of moves for military members and their families.Â
January 11, 2024Kenco Buys The Shippers Group
Chattanooga, Tenn.-based third-party logistics group Kenco is to buy The Shippers Group, a Dallas-based third-party warehousing company, it said.
January 11, 202460 Seconds: A Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, as it affects people and businesses in myriad ways, for example, post-holiday season when a high volume of gift returns are common.
January 11, 2024Ships Advertise Chinese Links to Avoid Houthi Attacks
At least five vessels transiting the Red Sea are using their signals to say they have links to China — the latest unusual measure taken to try to avoid attack by Houthi militants in the Red Sea.
January 11, 2024Werner Appoints Meisgeier as Its Next President
Company veteran Nathan Meisgeier joined Omaha, Neb.-based Werner Enterprises Inc. in 2005 and was promoted to the carrier's general counsel in 2016.
January 10, 2024Prime Launches Hopper Division, Starting With 25 Trailers
Prime Inc. is launching a hopper business, as Transport Topics' 19th-ranked for-hire carrier expands its bulk transportation operations.
January 10, 2024