While economists expect the Fed to lower rates on Dec. 18 for a third straight meeting, they are now penciling in just three more quarter-point cuts in 2025.
December 17, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Economists Raise 2025 Inflation Forecasts on Tariff Worries
Yellow, Pension Funds' Claims Battle to Extend Through Q1
Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.
How the Freight Market Trough Defined 2024
The trucking industry continued to be defined by a market trough this year, but one that has shown some minor signs of improvement.
Amazon Rejects Senate Report on Workplace Safety Standards
Amazon has long been a target of worker’s rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.
Tanker Rates Hit by OPEC+ Delays, Weak China Demand
The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.
Fleets Navigate the Challenges of Driver Acceptance of ADAS
Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.
Volvo Autonomous Solutions, DHL Hit the Road Together
Volvo Autonomous Solutions’ factory-built VNL Autonomous Class 8 tractors hit the road for the first time as part of a commercial operation Dec. 4, hauling freight for DHL Supply Chain.
House OKs Water Infrastructure Bill, Teeing Up Senate Vote
In the closing days of Congress’ post-election lame-duck session, members of the House of Representatives easily approved the final version of the Water Resources Development Act.
Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals
Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.
DHL Sees Holiday Season Returning to Historical Norms
The DHL 2024 Peak Season Shipping Survey revealed Nov. 19 that 48% of small and medium-sized enterprises expect a year-over-year increase in holiday sales.