U.S. import demand is stronger than ever as inventory-to-sales ratios remain painfully low. But there’s rising risk to shipping volumes on the supply side of the equation: Most American containerized imports come from China and elsewhere in Asia, where the…
On today’s episode, Dooner and The Dude are talking about a U.S. company that’s suing “collusive” ocean carriers and alleging price manipulation. Jon Monroe, founder, Monroe Consulting, tries to help us make sense of this market and what’s going on…
In 2020, A&R Logistics acquired First Choice Logistics and L.T. Harnett in an effort to scale its liquid chemical supply chain services. Continuing that strategy, the Woodlands, Texas-based logistics company recently announced it had purchased liquid bulk services provider RJ’s…
A nuclear verdict handed down against Werner Enterprises in 2018 has set off a dispute within a Texas appellate court as the truckload carrier appeals the more than $90 million award. There is no immediate impact from the decision of…
FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to fwclassics@freightwaves.com. The many industries that make up the world of freight have undergone…
The former CFO of Roadrunner Transportation Systems was convicted of violating federal securities laws in a complex, $245 million securities and accounting fraud scheme. A federal jury convicted Peter R. Armbruster, 62, of Milwaukee, on four counts, including securities fraud,…
The ports of the United States are our nation’s windows to the rest of the world. Imports and exports flow through them daily, helping maintain the world’s largest economy. A key Gulf Coast port is located in Mobile, Alabama. It…
Kansas City Southern is firing back at Canadian Pacific’s recent efforts to thwart a merger between KCS and CP’s rival, CN. KCS (NYSE: KSU) shareholders are holding a special meeting on Aug. 19 to vote on the CN (NYSE: CNI)…
Union Pacific’s Dry Canyon Bridge in Northern California has reopened after damage from wildfires in late June. Union Pacific (NYSE: UNP) initially had anticipated that the bridge would reopen in mid-August, but the railroad later moved up the reopening date. …
Tensions are still high among employees and executives at risk and asset management solutions provider Solera and its newly acquired companies Omnitracs and DealerSocket. After approximately 30% of employees at Omnitracs, a fleet telematics company, and DealerSocket, an automotive SaaS…
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