Even as talk of an economic downturn continues, US imports have shown surprising resilience this year. Containerized import volumes in October rose nearly 4% over last year, reaching pre-pandemic highs….
The average price that consumers pay for diesel at the pump has fallen for 4 out of the last 5 weeks, continuing a downward trend that is aligning retail prices…
Navigating global shipping can be a high-stakes game for businesses. To succeed, you need the right teammates – starting with freight forwarders. International logistics coordinators know how to get cargo…
The Slow Road to Recovery The trucking industry continues to face strong headwinds as it works to recover from the 2008 financial crisis, which marked the start of a prolonged…
Spending Forecast to Grow 3%-4% Compared to Last Year The National Retail Federation (NRF) predicts holiday shopping this year will see modest gains of 3%-4% over 2022, reaching total spending…
Logistics leaders leverage AI and quantum tech to enhance operations and resilience For decades, supply chain management relied on antiquated pen-and-paper systems, but customer demands are rapidly modernizing the industry….
Auto hauler Jack Cooper Transport aims to pull bankrupt Yellow Corp. from the brink in an audacious acquisition. The proposed deal is gaining steam as senators call for federal support….
Skyrocketing global trade has made ocean freight an essential lifeline for many businesses today. But let’s be real – high seas don’t have to mean high shipping costs. Out-of-control freight…
Cummins’ new 15-liter natural gas engine could spark a revolution in the trucking industry. The engine maker predicts sales of natural gas powertrains could triple as the larger engine makes…
Amazon reported robust third quarter financials on Thursday, handily surpassing Wall Street estimates. The company’s transition to a regional fulfillment and delivery model drove improved efficiency and cost savings. Earnings…