More than 150 trucking, logistics and towing companies are collectively owed hundreds of thousands of dollars after a New Jersey freight forwarder specializing in shipping automobiles, boats and motorcycles worldwide abruptly ceased operations and filed Chapter 7. Advectus Transportation Services…
Defining what it means to provide rail shippers with robust competitive options could be the lens that the Surface Transportation Board uses as it responds to an order from President Joe Biden aimed at promoting competition within the freight railroad…
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The Truckload Carriers Association (TCA) Scholarship Fund is providing financial awards to the largest number of students in its 48-year history for the 2021-22 academic school year. The Fund will provide assistance to 57 undergraduate students with award ranging from…
Volvo Trucks North America resumed production at its Virginia assembly plant on Monday, encouraging UAW strikers to come back to work under terms of its “last, best, final” offer. UAW Local 2069 voted down a third tentative agreement on Friday…
The ongoing container shortage and port congestion is becoming old news. Freight income per TEU is higher than ever due to the COVID-spurred consumer demand for goods. The industry is seeing a large number of blank sailings, not for lack…
Extreme heat over the weekend choked several states from the Desert Southwest to northern California and the Four Corners region. These were just a few of the daily record highs that were tied or broken over the weekend: • Needles,…
We’re in the thick of summer, the prime season for road construction crews to get a lot of work done. With President Joe Biden striking a deal on his infrastructure plan and 40% of Americans planning on summer travel (similar…
For many warehouse automation companies, the time is now to enter the public markets, and that is true for Berkshire Grey, which will likely go public later this month through a reverse merger with special purpose acquisition company (SPAC) Revolution…
Shipping magnates don’t pervade the billionaire ranks like they did in the days of Aristotle Onassis. They’ve been left behind by tech bosses, financiers and oligarchs. Yet ocean shipping is still big business and the CEOs overseeing the fleets are…
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