Mexico has introduced new customs rules, including a significant increase in duties on Chinese imports (from 19% to 33.5% or more) and stricter data-reporting requirements for U.S. sellers, creating ...
Embark Technology, a self-driving trucking company, will go private in a $71 million cash merger with Applied Intuition. Embark's technology and assets will be integrated into Applied Intuition's ...
LTI Trucking Services, an Illinois-based trucking company, has ceased operations. Approximately 250 drivers were notified of the immediate closure via a company-wide message. The company, operating ...
Tensions in the South China Sea are escalating, potentially leading to a war involving the U.S., due to China's increasing assertiveness and territorial claims. The South China Sea is crucial for ...
Cargo theft in the trucking industry is surging, with a 27% increase in 2024 resulting in over $455 million in losses and an estimated annual economic impact of $15–$35 billion. Thefts are ...
The International Pilots Association (IPA) is providing support to the families of three UPS pilots killed in a recent MD-11 crash and offering counseling to members experiencing emotional strain. The ...
Freight fraud, particularly double brokering, is a significant and evolving problem in the transportation industry, costing billions annually and facilitated by the lack of transparency in digital ...
Odyssey Logistics' debt rating was downgraded by Moody's to B3 from B2, following a similar downgrade by S&P Global, due to a weak freight market and no signs of improvement. Moody's expects Odyssey's ...
Owner-operators in 2025 face a critical decision between maintaining their own operating authority or leasing onto another carrier, driven by significant market pressures like tight freight, high ...
Ocean spot rates and bookings have surged recently due to geopolitical factors and easing US-China trade tensions. Truckload demand remains stagnant, with no significant growth expected until peak ...
Conflicting circuit court decisions regarding the Federal Aviation Administration Authorization Act's (F4A) safety exemption and its impact on broker liability in trucking accidents have created ...
DAT, a subsidiary of Roper Technologies, is transforming from a traditional load board into an AI-powered, automated freight marketplace, drawing significant positive attention from executives. This ...