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…
Cargo Ships: The Backbone of Global Trade
Over 90% of global trade is carried out by cargo ships. They link companies and customers globally by moving items across seas. In this blog, the role of cargo ships…
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…
What is the difference between cargo and shipment?
Are you confused between cargo and shipment? Do you often use these terms interchangeably? Well, fret not! In this blog, we will discuss the basic differences between cargo and shipment….
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…
What are the key advantages of ground transportation?
Ground transportation is the public and private movement of people and freight via land vehicles. This is typically associated with airports and passenger transport. It’s crucial to educate the public…
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…
Benchmark Diesel Price Drops for First Time Since July
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…