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Freight shipments and expenditures continued to fall in January, according to data compiled in the Cass Freight Index. The Thursday report showed shipments were down 7.6% year over year (y/y) during…
WASHINGTON — A group of trade associations is warning federal regulators against including data the groups consider too old and irrelevant for use in developing a rule aimed at determining if a…
The venue for deciding the fate of $7.2 billion in pension withdrawal liability claims against bankrupt Yellow Corp. will be decided on March 6, a Wednesday status hearing in a Delaware court…
Ryder System’s fourth quarter saw the continued rise of its Supply Chain Solutions (SCS) segment as a growing contributor to revenue and profitability, with used vehicle sales hurting the performance…
WASHINGTON — A group of trade associations is warning federal regulators against including data the groups consider too old and irrelevant for use in developing a rule aimed at determining if a…
Last week, Maersk management announced that the company was suspending its share buyback program and cutting its dividend by 88%, signaling the end of an era when managing and deploying an enormous…
A going concern bid for the remaining assets of bankrupt Yellow Corp. appears to be back on the table. A ballot sent to local union heads asks members to agree to settle their WARN Act claims against…
Everything is bigger in Texas, including traffic jams for truckers, according to the American Transportation Research Institute (ATRI). ATRI released its 13th annual list Tuesday highlighting the most…
For only the second time in recent history, Mexico was the top overall U.S. trading partner for the year. Mexico’s trade with the U.S. rose 2.5% year over year (y/y) to $798 billion in 2023, boosted…
WASHINGTON — The Senate may soon consider a three-year tax package that includes financial benefits for both large and small trucking companies. It passed the U.S. House of Representatives with strong…
