Logistics News

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Government, Business, Logistics

Congress Clears TSA Clearance Bill for Truckers

Legislation designed to facilitate commercial drivers’ applications for security credentials was recently cleared by Congress for President Joe Biden’s desk.

December 19, 2024
Business, Logistics

Bustling California Ports to Close 2024 With Record Volumes

The Port of Los Angeles is set for its busiest December on record, and the Port of Long Beach is on track to have its best-ever year after the hubs handled an early and sustained peak season.

December 18, 2024
Business, Technology, Logistics, Private, Top 100

Walmart Stock Soars 82% in 2024, Leading Retail Industry

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

December 18, 2024
Government, Business, Logistics

US Housing Starts Fall to Slowest Pace Since July

Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Dec. 18. The metric can help project the flatbed sector.

December 18, 2024
Government, Business, Logistics

Economists Raise 2025 Inflation Forecasts on Tariff Worries

While economists expect the Fed to lower rates on Dec. 18 for a third straight meeting, they are now penciling in just three more quarter-point cuts in 2025.

December 17, 2024
Business, Logistics, For-Hire

Yellow, Pension Funds' Claims Battle to Extend Through Q1

Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.

December 17, 2024
Business, Logistics

How the Freight Market Trough Defined 2024

“Trucking is now in the longest and deepest freight down cycle since the 2007 global financial crisis,” said C.H. Robinson's Michael Castagnetto. ATA data shows tonnage climbing slowly.

December 16, 2024
Equipment, Logistics

What's That? Container vs. Trailer

First, a trailer and a container both serve as cargo-carrying units but differ in design and usage. A trailer is typically a nonmotorized vehicle that attaches to a truck's cab and is used to transport goods. Trailers come in various types, such as dry vans, flatbeds and refrigerated trailers, depending on the nature of the cargo.

December 16, 2024
Government, Business, Technology, Safety, Logistics, Global Freight

Amazon Rejects Senate Report on Workplace Safety Standards

Amazon has long been a target of worker’s rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.

December 16, 2024
Government, Business, Fuel, Logistics

Tanker Rates Hit by OPEC+ Delays, Weak China Demand

The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.

December 16, 2024