U.S. stores are well-stocked for the holidays due to early merchandise imports driven by tariff anxiety and potential strikes, mitigating price increases for consumers. Container import volumes are ...
Mexico has introduced new customs rules, including a significant increase in duties on Chinese imports (from 19% to 33.5% or more) and stricter data-reporting requirements for U.S. sellers, creating ...
Despite an all-time low in truckload demand (OTVI), tender rejection rates (OTRI) and spot rates are surprisingly higher or trending upwards, indicating that trucking capacity is leaving the market ...
Odyssey Logistics' debt rating was downgraded by Moody's to B3 from B2, following a similar downgrade by S&P Global, due to a weak freight market and no signs of improvement. Moody's expects Odyssey's ...
The International Pilots Association (IPA) is providing support to the families of three UPS pilots killed in a recent MD-11 crash and offering counseling to members experiencing emotional strain. The ...
Del Monte Foods, a major food shipper with over $1 billion in liabilities, filed for Chapter 11 bankruptcy. Uber Freight (and other logistics providers) are owed millions in pre-petition payments, ...
Tensions in the South China Sea are escalating, potentially leading to a war involving the U.S., due to China's increasing assertiveness and territorial claims. The South China Sea is crucial for ...
Thieves are stealing powertrain control modules (PCMs) from Freightliner and Western Star trucks due to the semiconductor shortage, rendering the trucks inoperable. Daimler Truck North America (DTNA) ...
See a mistake? Contact us. ORLANDO, Fla. — The brokerage industry, almost 10 months after the resolution of Miller v. C.H. Robinson raised the threat of greatly increased 3PL liability in lawsuits ...
Ocean spot rates and bookings have surged recently due to geopolitical factors and easing US-China trade tensions. Truckload demand remains stagnant, with no significant growth expected until peak ...
Freight volume data shows a weak but not collapsing market, with current volumes similar to 2018 levels, despite significant growth since then. The low Outbound Tender Rejection Index (OTRI) despite ...
Lytx and Maverick Transportation settled a class-action lawsuit regarding alleged violations of Illinois' Biometric Information Privacy Act (BIPA) for $4.25 million ...
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