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Latest international logistics news, freight updates, and supply chain insights.
Less-than-truckload carrier XPO seems set to exceed its second-quarter tonnage projection based on the company's May update. The post XPO’s Q2 tonnage trending ahead of guidance appeared first on FreightWaves.
The Department of Justice said the Court of International Trade lacks the authority to mandate refunds for all finally liquidated entries.
The landmark decision found that a third party can be sued for negligent hiring, creating a shakeup in how brokers defend their businesses in future lawsuits.
The potential levies of either 10% or 12.5% would apply to 60 trading partners, although the proposal listed several product exemptions.
Old Dominion Freight Line’s May operating results saw a meaningful improvement from April, as less-than-truckload demand appears to be firming. The post Old Dominion’s May update shows an improving LTL market appeared first on FreightWaves.
Five people were killed and two injured in four separate freight train collisions over the past week, including incidents near San Antonio and Ypsilanti, Michigan. The post Freight train fatalities mount as 5 killed in four incidents across US appeared first on FreightWaves.
The Headline Number: Spot Rates Hit an All-Time Record Craig Fuller set the tone in the opening minutes, and the data backed it up at the close. The SONAR National Truckload Index, which tracks daily spot rates inclusive of fuel, hit 383, an all-time record. Fuller, a self-described rate nerd from a trucking asset background, […] The post FreightWaves Today Debuts as Spot Rates Hit a Record appeared first on FreightWaves.
Open Road Ventures announced it has acquired intermodal freight broker Double-Stack Logistics. The post PE firm Open Road Ventures acquires intermodal 3PL Double-Stack appeared first on FreightWaves.
The agency proposed the levy as a result of a Section 301 investigation launched last year, with a public hearing set for July 6.
The auto parts retailer also plans to open up to 15 market hubs this year as it aims to improve same-day hard parts coverage across its store network.
Mitchell Arends is scheduled to succeed retiring Chief Supply Chain Officer Jason Reiman on June 22.
A greater range of industrial and agricultural equipment made with the metals will temporarily face a reduced 15% levy starting June 8, per the White House.