Resilience360 recently released reports analyzing the impact of COVID-19 on trade between the United States, Canada and Mexico.
Terms shorten to 3-4 years from 5-7 years.
Favorable customer mix to make Werner’s truckload model a little more defensive through the downturn.
The move comes as companies race to ramp up last-mile delivery in wake of coronavirus pandemic
Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’ the downturn.
Regulatory guidance is expected to be significant to American shippers facing container availability charges from carriers and marine terminals during COVID-19 pandemic.
Cummins saw a tough environment for most of its segments in 2020 before the word pandemic became common. Now it is depending on its collective experience in managing bad times to pull it through again.
UPS faces economic and other challenges in the wake of COVID-19.
Comparisons to other recent declines show a much slower slide at the pump.
“Transplace’s customers expect us to dig in and do the research that matters most to their business, and we deliver,” said Transplace Vice President of International Services Mollie Bailey.
Covenant continues to reshape the company in efforts to better focus on contract logistics and improve its financial structure.
Canadian carrier Day & Ross is testing a hydrogen-injection engine technology that is said to reduce emissions. Plus, New York City is closing roads, ecommerce booms, and USMCA trade deal delayed
Revenue and profits look bleak for second quarter, but leading engine maker Cummins surprised analysts with better-than-expected first-quarter revenue and profits.
Drones have taken on added importance with the coronavirus pandemic, offering ways to do tasks faster and without dangerous physical contact.
The smallest of the standardized ocean containers in the global fleet remains ideal for dense, heavy agricultural goods, forest products, and machinery shipments.
78% of truck drivers posted positive comments regarding their morale, with many thanking carriers for supporting them, in the latest sign that carriers are effectively supporting their drivers.
Charging-as-a-service startup AMPLY Power raised $13.2 million from institutional investors Soros Fund Management and Siemens USA as it expands electric infrastructure management to commercial trucking from transit buses
Global freight forwarder attributes most of the 23.2% year-over-year first-quarter earnings drop to impact of COVID-19 pandemic .
As states begin to reopen their economies, leading retail trade groups urge the opening of all distribution centers and implementation of a three-phase reopening strategy.
Agency wants state agencies to step up enforcement of CDL and CLP holders.
