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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...
September 30, 2024
Happening Now: East Coast Port Strike Looms
According to CNBC, trucking and rail operators are rushing to move billions in cargo ahead of a potential strike by the International Longshoremen's Association (ILA), set to begin after midnight if...
August 28, 2024
Happening Now: Panama Canal Authority looks to address droughts
According to FreightWaves, The Panama Canal Authority (ACP) is considering a $1.6 billion Rio Indio reservoir project to address future droughts and enhance the canal's resilience. Following a...
August 21, 2024
Happening Now: FMCSA considers updates to guidance documents
According to FreightWaves, The Federal Motor Carrier Safety Administration (FMCSA) is seeking input from motor carriers on whether its guidance documents should be updated or, in some cases,...
August 14, 2024
Happening Now: Container volumes set new record at the Port of Los Angeles
According to Container News, the Port of Los Angeles set a new record in July, handling 939,600 TEUs, marking a 37% increase over the previous year and making it the busiest July in the port's...