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5 Industry Trends for Logistics Service Providers to Watch

Logistics service providers (LSPs) face unprecedented challenges in today’s fast-paced market. From industry consolidation to shifting trade routes, workforce shortages to sustainability demands, LSPs must adapt quickly. Read the five trends that LSPs should stay ahead of it in order to turn challenges into opportunities for growth and innovation.

December 9, 2024

NHTSA Issues Final Rule Authorizing Whistleblowers

Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.

Eric Miller | Senior Reporter
December 20, 2024

Chris Purcell Wins Grand Champion Title at Rush Skills Rodeo

SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.

December 20, 2024

Watch: Toll Rates to Rise in Several States in 2025

Starting in January, toll rates on roads in Ohio, Oklahoma, Pennsylvania, New Jersey and New York are set to rise. 

 

December 20, 2024

VW Deal for 120,000 Workers Avoids Layoffs, Plant Closures

FRANKFURT, Germany — Volkswagen and its employee representatives said they reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030.

David McHugh | Associated Press
December 20, 2024

FMCSA Panel Calls for Solutions to Truck Parking Crisis

A Federal Motor Carrier Safety Administration advisory committee met for five hours Dec. 17 to recommend best practices to increase safe parking for truck drivers seeking rest.

Eric Miller | Senior Reporter
December 20, 2024

What's That? Owner-operator vs. Company Driver

The main difference between an owner-operator and a company driver in trucking lies in ownership and employment status.

December 20, 2024

Hyzon to Begin Layoffs in February Without More Funds, Buyer

Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.

Keiron Greenhalgh | Staff Reporter
December 20, 2024

Inflation Slows, Boosting Hopes for Deeper Rate Cuts in 2025

The so-called core personal consumption expenditures price index, which excludes food and energy items, increased 0.1% from October and 2.8% from a year earlier.

Matthew Boesler | Bloomberg News
December 20, 2024