Birmingham-based PS Logistics has purchased the 90-truck flatbed division of North Carolina’s ELS Transportation. The acquisition includes 240+ specialized over-length platforms for hauling building materials and industrial goods. The deal…
What is the Role of Logistics in the Supply Chain?
It would be like stores not stocking your favourite snacks, foods or smartphones not launching. Impossible to visualize, right? But that nightmare scenario could become reality without the supply chain’s…
Making Billions By Investing In Tech, Teamwork, and Empathy
Brad Jacobs, serial entrepreneur and chairman of XPO Logistics, shares key lessons from his new book “How to Make a Few Billion Dollars” that can benefit the logistics industry. He…
Laredo Solidifies Spot as Top US-Mexico Trade Gateway
Port Laredo retained its ranking as the number one U.S. trade gateway with Mexico for the 10th time in the past 11 months. The South Texas port handled $26.7 billion…
Final Rule Leaves Questions about Trucking Contractor Status
The Department of Labor recently released its long-awaited final rule on distinguishing between employees and independent contractors. Reactions remain mixed on whether the complex guidelines will provide needed clarity or…
Final Rule Favors Status Quo But With Positives for Trucking Contractors
The Department of Labor’s long-awaited independent contractor rule maintains much of the existing framework, albeit with helpful clarifications regarding truck ownership and commercial licenses. Industry Groups Sound Alarm But Lawyers…
Inventory Replenishment Could Spark Freight Rebound Sooner Than Expected
Morgan Stanley analyst Ravi Shanker believes an uptick in freight volumes could occur in the next few months as companies look to restock depleted inventory levels. In a research note…
Cargo Bandits Plague $656B Mexico-US Trade, While Insurers Ride To The Rescue
Cargo theft remains an ever-present nuisance along the bustling trade corridor between the United States and Mexico. But insurance providers say their expanded coverage options can help cross-border transporters confront…
Electric Trucks Ready to Shift Into High Gear in 2024
After short-circuiting in 2023, battery and hydrogen fuel cell powered trucks look positioned to gain meaningful momentum this year thanks to new long-range models, expanding infrastructure, and incentives reshaped to…
Universal Bets Big on Virginia Truck Hub Expansion
Universal Logistics Holdings Inc. recently announced plans for a major $50 million expansion of its truck parts facility in Roanoke, Virginia, aiming to boost capacity and better serve surging demand…
