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The reversion in spot rates is pulling down contract rates, with a significantly delayed effect on ocean carrier earnings.
This week in Borderlands: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico, creating 700 jobs; and Careismatic Brands moves into major distribution hub in Dallas.
Many people get hung up on trying to figure out how much capacity is readily available in trucking when they should be more focused on monitoring demand trends.
Class 8 truck orders in January fell year over year for the first time since August, lightening the 2023 backlog.
Maintenance downtime at Sun Country cut into cargo revenue and growth was limited by slower Amazon e-commerce business.
FedEx Freight on Friday announced the second round of temporary furloughs of drivers in past three months.
LTL carrier sees likely flat operating ratio in Q1 compared to Q4 of ’22.
The Pony Express lasted only one year and was a financial failure. So why are we still talking about it today?
Amazon may face an Federal Trade Commission antitrust lawsuit in the coming months, according to a Wall Street Journal report.
Tracking and acting on sustainability metrics, as well as implementing small and large-scale sustainable last-mile goals are vital steps toward reducing greenhouse gas emissions.
