Mexico’s trade with the U.S. rose 2.5% year over year to $798 billion in 2023, boosted by exports of fuel and imports of passenger cars.
Digital freight marketplace CDL 1000 has acquired Next Trucking after the latter announced in June it was looking for new funding.
Small and large trucking companies will see benefits restored if the Senate advances a new tax package.
Liquid bulk hauler Kenan Advantage Group announced it has entered the dry bulk space with the acquisition of Northern Dry Bulk.
Reaction to RXO’s fourth-quarter earnings has been decidedly negative, and the first quarter started off weak.
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
This week in Borderlands: Zerio focused on technologizing global supply chain security compliance; Port Houston welcomes new Latin America shipping container service; Tesla auto parts supplier expanding Texas logistics operation; and Korean EV parts maker opens factory in Mexico.
This week on FreightWaves we look at whether UPS is struggling or not; a convoy rallying for stricter border patrol takes over Texas; the FMCSA cracks down on sham towing fees; another trucking company files for bankruptcy and truckers in Mexico strike against cargo theft.
TFI International’s EPS in 2024 will be at least $7 a share, CEO Alain Bédard says
Delays from the customs system on Mexico’s side of the border disrupted cargo truck traffic for several days in California and Texas.
Positive developments in the hydrogen space glossed over some tough underlying issues like sky-high hydrogen prices.
Today, peak seasons and traditional consumer habits are something entirely different than they once were. The CEO of DHL Global Forwarding Americas gives insight on how DHL is handling it and what shippers should do.
Radiant Logistics reported adjusted earnings ahead of consensus for its fiscal second quarter ended Dec. 31.
FleetCor reported fleet transaction revenue of $108 million in the fourth quarter, a 19% year-over-year decrease.
RXO’s fourth quarter was slightly better than the third, but overall, the 3PL had its challenges last year.
A North Texas snack producer and a Forth Worth supply chain services provider announced 329 layoffs in the Lone Star State.
The nation’s top truck safety regulator wants towing companies that overcharge truckers to be held accountable by the FTC.
Avocados and beer from Mexico are gaining popularity as staples at Super Bowl Sunday watch parties.
There isn’t much sign of an upturn in Uber Freight’s latest earnings report.
Federal regulators are responding to complaints that the government is not doing enough to protect women and minority truck drivers.
