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March 19, 2025
Happening Now: Drayage Rate History Shapes Today’s Market
According to Dray Insight, the drayage industry has undergone significant change since deregulation reshaped the transportation landscape. From evolving pricing models to the growing role of...
March 4, 2025
Happening Now: Tariffs imposed on Canada and Mexico
According to NBC News, President Donald Trump has implemented a plan to impose sweeping tariffs on nearly all goods imported from Canada and Mexico. The tariffs include a 25% levy on most Mexican and...
February 19, 2025
Happening Now: Key Trends Shaping Freight Rail in 2025
The freight rail industry is evolving rapidly as it adapts to economic shifts, sustainability goals, and advancements in technology. A recent article from Inbound Logistics highlights eight major...
February 12, 2025
Happening Now: Retail sales dip in January but see YOY gains
According to DC Velocity, retail sales declined in January as consumers took a break from holiday spending, yet the CNBC/NRF Retail Monitor reports that year-over-year gains remained strong.
December 6, 2024
Happening Now: Trucking demand and capacity realign
According to Transport Topics, the trucking industry is gradually approaching equilibrium as freight demand and capacity realign after years of disruption.
November 25, 2024
Happening Now: Port of Oakland receives infrastructure grant
The Port of Oakland has announced that it has received a $50 million grant to modernize its terminal infrastructure. This will include upgrading docks to accommodate ultra-large vessels.
November 21, 2024
Happening Now: Cargo Records at LA and Long Beach Ports
According to the Los Angeles Times, The Ports of Los Angeles and Long Beach are experiencing record-high cargo traffic. This surge is attributed to multiple factors including the diversion of goods...
November 8, 2024
Happening Now: Great Freight Recession is Over
According to FreightWaves, the freight market is showing signs of recovery. This welcome news is supported by SONAR data as well as an increase in tender rejections.
October 21, 2024
Happening Now: Retail Sales Rise in September
According to Transport Topics, U.S. retail sales rose 0.4% in September from the previous month, marking the third consecutive increase. The retail sales data, released by the Commerce Department on...
October 10, 2024
Happening Now: 10 ports closed in wake of Hurricane Milton
According to FreightWaves, ten ports remain closed in the aftermath of Hurricane Milton, including two major commercial ports in Florida along the Gulf Coast—Port Tampa Bay and Seaport Manatee. The...