The wide coverage of the drought in Panama and the crowding of ships at the canal makes for sad reading. The people in charge at the Panama Canal Authority (ACP)…
Teamsters Overwhelmingly Ratify UPS Contract
The UPS Inc. Teamsters voted overwhelmingly in favor of a five-year deal with the union, the Teamsters said on Tuesday. The Teamsters say that 86.3% of voters agreed with the…
Air vs Sea Freight: Key Differences You Should Know
Sea freight is the most common method of transporting goods between locations, particularly in international logistics services. It involves packing goods in intermodal containers and is less expensive than cargo…
DOE or EIA diesel prices show a slight rise
The latest weekly fuel price report from the Department of Energy/Energy Information Administration says that store owners don’t know what to do in this market where prices change so quickly….
Border Town Boom Realigns Freight Market
Since 2018, nearly twice as many truckloads have been needed in the Texas border towns of Laredo and McAllen. Once the warehouse center of the world, Southern California’s Inland Empire…
Trans-Atlantic shipping suffers ‘meltdown’ as rates hit new low
The bigger they were, the worse it was when they fell. Transatlantic shipping experienced a significant boom. Spot prices have dropped even more than they did during the COVID epidemic….
What is the Definition of Dry Freight Shipping?
Dry Cargo Shipping is a popular and reliable form of goods transportation, utilizing an enclosed trailer for a more versatile and efficient delivery of various products. This enclosed trailer space…
FMCSA’s Inconsistent Stance on Preemption of Meal or Rest Breaks
The FMCSA said last week that it will consider waiving federal jurisdiction over meal and rest break laws in California and Washington. Some people were surprised. The FMCSA said in…
Apollo Sells Yellow Term Loan to Citadel in Strategic Move
Apollo Global Management has sold the Yellow Corp. term loan it owned. It has also stopped asking for bankruptcy funds, according to the Financial Times. Citadel, a Miami-based hedge fund,…
FMCSA to Consider Rollbacks to Truck Driver Rest-Break Rules
States like California and Washington may demonstrate that their stricter rules improve driver safety. This could lead federal officials to reconsider their previous decision on limiting truck drivers’ weekly working…
