Trucking Still Squeezed by High Costs and Low Rates
“The trucking industry is facing the most challenging freight market in years, with loads down and costs increasing,” Groendyke's Hodgen said. (THEPALMER/Getty Images) The average cost of operating a truck dipped slightly last year, but marginal costs jumped when the effects of lower fuel costs were excluded, the American Transportation ...more
Freight Marketplace Cargado Raises $12M to Expand Operations
Cargado's Series A funding round was in addition to $10 million that has already been raised. (Cargado) Load board company ...more
Tariff Fears Drive Surge in Consumer Spending
Imported Italian olive oils in a store in Arcadia, Calif. (Mario Tama/Getty Images) Tarptent, a California-based seller of outdoor gear, ...more
UPS Targets LTL, E-Commerce With New Delivery Options
The additions arrive as UPS seeks to carve out more market share in both the high-volume e-commerce space and the ...more
US Vows to Shield Panama Canal From China Threat
Hegseth speaks with U.S. troops after a military drill with Panamanian forces on April 8. (Matias Delacroix/Associated Press) PANAMA CITY ...more
Patton Logistics Group Makes $10M Expansion in Virginia
Virginia Gov. Glenn Youngkin (left) and Patton Logistics Group President Steve Patton celebrate the expansion announcement April 3. (Governor of ...more
Trump Schedules Tariff Talks but Plans 104% Hit on China
Shipping containers at the Port of Pyeongtaek in Pyeongtaek, South Korea. (Jean Chung/Bloomberg) President Donald Trump spent the final hours ...more