Just when it looked like fuel prices would keep going up forever, the market changed. The average retail weekly gasoline price, which most fuel fees are based on, has been…
Benchmark Diesel Price Drops for First Time Since July
California Governor Vetoes Autonomous Trucking Ban
Governor Gavin Newsom rejected a Teamsters proposal to restrict self-driving trucks in the state of California. The regulation and oversight of heavy-duty autonomous vehicle technology in California does not require…
Container Shipping Rates Plunge Deeper Into The Red
The future looks bad for businesses that move containers. More and more people are starting to notice that the busy season is losing steam. The current spot prices don’t make…
Lawmakers Involve Buttigieg in UAW Dispute
During a Wednesday review session on Capitol Hill, Republican members told U.S. Transportation Secretary Pete Buttigieg how upset they were with the Biden administration’s stance on electric cars. To help…
FMCSA Ordered to Release All Carrier Complaint Data to the Public
A recent report by the government said that the Federal Motor Carrier Safety Administration should make its complaint database easier to find. The U.S. Government Accountability Office released a study…
Container Shipping for Exporters Remains Far from Pre-COVID ‘Normal’
The United States’ import container fees are back to what they were before. The amount that the US exports has not changed. Even after the COVID spread, U.S. export prices…
Forward Air’s Acquisition of Omni: Market Impact
Forward Air’s stock has dropped a lot since the company announced last month that it was buying Omni Logistics, but two reports from debt rating agencies are much more positive…
I Squared Capital Invests $17M in Parade for AI Initiatives
Thursday, the capacity management platform Parade announced that it had raised $17 million in a venture round led by I Squared Capital. We are excited to be leading Parade’s funding…
Estes Establishes New $1.525B Floor for Yellow Terminals
According to court documents that came out on Wednesday, Estes Express Lines’ new offer of $1.525 billion for Yellow’s hubs has become the favorite. In a Delaware bankruptcy court, Carrier…
Flexport’s Leadership Changed From Tech-Focused to Customer-Centric Approach
CEO Ryan Petersen told Logistics Press Release last week that former CEO Dave Clark was fired because Clark had ignored customers and freight growth in favor of expensive technology development…









