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Latest international logistics news, freight updates, and supply chain insights.
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.
A Note Before We Start Tax law is not a place for general advice to substitute for specific counsel. The concepts in this article are educational. The numbers used are illustrative. Your actual tax situation depends on your entity structure, your annual taxable income, your state’s conformity with federal law, and decisions that need to […] The post The Tax Math That Changes Whether You Should Own or Lease Your Truck appeared first on FreightWaves.
CEO Doug Ettinger said the carrier will work hard to regain trust from disruption-weary customers amid a prolonged decline in parcel revenue.
Taylor & Martin’s Steve Oliver explains how rising freight rates, constrained new truck production and lingering pandemic-era debt are reshaping the used equipment market The post The freight recession’s hangover is finally lifting on auction lots appeared first on FreightWaves.
“Companies are still holding back because of uncertainty, but they’re holding back less," Susan Spence, chair of ISM’s Manufacturing Business Survey Committee, said during a media call on Monday.