New federal trade data reveals that Mexico continued its reign as the number one trading partner of the United States for the fourth straight month in August 2022. Total US-Mexico…
Mexico Retains Top US Trade Partner Status in August, Laredo Leads as #1 Commercial Gateway
The Average Retail Price of Diesel Falls Slightly But Remains High
The average retail price for diesel fuel in the U.S. fell recently The average retail price for a gallon of diesel fuel fell 2.5 cents last week to $4.955, according…
Mack Trucks, UAW Reach Tentative Deal Just Before Strike Deadline
DETROIT – Mack Trucks and the United Auto Workers union reached a tentative agreement Sunday night on a new 5-year contract, narrowly avoiding a walkout by over approx. 3,700 workers….
Tanker Shipping’s ‘Odd Couple’ Set to Divorce
The current ownership of Euronav, one of the biggest tanker shipping businesses in the world, brings to mind a hasty, tragic wedding. John Fredriksen, a shipping magnate, and his business…
TQL Ordered to Pay Overtime Wages to Former Employees
A federal court has decided that the nation’s second-largest freight brokerage, Total Quality Logistics, must pay back wages to thousands of former workers who were not paid overtime for working…
Expectations Rise as XPO’s Jacobs Reveals Exciting Next Venture
As Brad Jacobs walked up to the stage at the Greenwich Economic Forum on Tuesday, everyone’s main question was, “What is Jacobs going to do next?” This is the next…
Mack Trucks Reaches Settlement with UAW on Extended Agreement
Mack Trucks and the United Auto Workers have reached a tentative deal on a new five-year contract for workers. Compared to the last deal, it’s an extra year. The new…
Impact of Government Shutdown on Freight: A Closer Look
The Committee for a Responsible Federal Budget (CRFB) asked about the possibility of a government shutdown on Tuesday, and the results showed that it had gone up from 70% to…
Prologis CEO Calls on Federal Reserve to Reconsider Rate Policy
The CEO of Prologis Inc., the biggest logistics real estate company in the world, asked the Federal Reserve on Wednesday to slow down its bold policy of raising interest rates…
FTC and 17 States Join to File Antitrust Suit Against Amazon
The Federal Trade Commission and 17 state attorneys general have filed a lawsuit against Amazon.com. The lawsuit claims that the e-commerce giant has used its power to raise prices, reduce…









