Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.
February 6, 2025Search
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Transportation M&A Gains Momentum in Late 2024
The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.
February 7, 2025Senate Panel Advances Supply Chain Resiliency Bill
The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.
February 6, 2025XPO Earnings Jump 31% Despite Revenue Dip in Q4 2024
The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.
February 6, 2025LTL Players Eye Freight Market Turnaround, Industrial Upturn
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.
February 6, 2025Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.Â
February 6, 2025Truckers Get Real-Time Parking Info on Arizona’s I-10
Arizona announced the dynamic truck parking messaging availability Jan. 27 at four rest areas: Ehrenberg, Bouse Wash, Texas Canyon and San Simon.
February 5, 2025RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal
But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.
February 5, 2025Manufacturers Scramble Under Trump’s Looming Tariffs
Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.
February 5, 2025US Postal Service Resumes Accepting Packages From China
The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
February 5, 2025