January 13, 2022

The swift reintroduction of international travel bans to stem the spread of the Omicron variant of COVID-19 has derailed the already faltering turnaround in rates and earnings for the global tanker market. In November it looked like a cold winter […]

January 12, 2022

Transportation Secretary Pete Buttigieg during a Jan. 11 tour of the ports of Los Angeles and Long Beach lauded the efforts that have kept freight moving through the facilities amid crushing backlogs, but said much work remains to prepare ports, […]

January 12, 2022

With e-commerce redrawing the landscape for freight transportation, a new Atlanta-based carrier recently launched as a middle-mile market provider across the South, Midwest and mid-Atlantic regions. Ascend is a dry van, full truckload company with a family culture that innovates […]

January 11, 2022

The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains. The 189-country, anti-poverty agency forecasts worldwide economic growth of 4.1% this […]

January 10, 2022

General Motors said it will recognize California’s authority to set vehicle emission standards under the Clean Air Act. The automaker sent a letter to California Gov. Gavin Newsom on Jan. 9 saying it is “committed to complying with California’s regulations.” […]

January 10, 2022

After seven weeks of decreases, the Department of Energy/Energy Information Administration average retail diesel price moved higher this week. Its price, effective Monday, is $3.657 a gallon, an increase of 4.4 cents from the prior week. The seven-week decline had […]

January 10, 2022

With an unprecedented $567 billion it will be receiving from the new bipartisan infrastructure law — much of it to help unclog supply chain bottlenecks — the U.S. Department of Transportation is girding itself for the increased scrutiny it expects […]

January 10, 2022

Import and export operations in Tianjin are slowing after a small cluster of COVID cases was discovered over the weekend, according to third-party logistics providers in China. Meanwhile, in Shenzhen, authorities are blaming a contaminated import shipment infecting a cargo […]

January 7, 2022

The Supreme Court appears divided on legal challenges centering on the scope and federal authority of the Biden administration’s sweeping proposed COVID vaccine mandate, which would require private-sector firms to vaccinate or test tens of millions of employees. In a […]

January 7, 2022

UPS Inc. and the U.S. Postal Service turned in stellar delivery performances during the peak holiday season, while FedEx Corp. lagged, according to data published late Friday by consultancy ShipMatrix Inc. UPS (NYSE: UPS) delivered 96.9% of all parcels within […]