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…
Understanding the Different Types of Cargo
When it comes to today’s global economy, cargo transportation is an important part of it. Now it has become easier than ever to transport goods from one place to another….
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…
Logistics vs. Operations vs. Supply Chain
Everyone involved in manufacturing, retail, and e-commerce frequently uses terms like “operations,” “supply chain,” and “logistics.” However, the concepts of these three are different from each other. What needs to…
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…
Freight vs. Transportation: The Key Differences
Understanding the distinction between freight and transportation is crucial. Freight refers to payment for the carriage or transportation of goods via air, land, or sea, while transportation involves moving people,…
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…
