Logistics

The trucking industry continued to experience strong acquisition activity this year, but there may be some signs of softening heading into next year.

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

With a Dec. 9 deadline looming to reach an agreement on a nationwide freight rail contract, President Joe Biden is asking Congress to intervene in the dispute, which threatens to severely damage the U.S. economy.

An estimated 2.5 million wreaths will be delivered from Maine to more than 3,700 cemeteries during Wreaths Across America's annual event Dec. 17. 

U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted as inventory gluts across the U.S. lowered demand.

As millions of people travel the interstates this Thanksgiving, many will encounter patches of traffic at a standstill for no apparent reason — no construction or accident. Researchers say the problem is you.

Beating out other states, Virginia snagged two warehousing and distribution center ventures worth $289 million for a logistics park and a port.

More commercial truck traffic continued to travel along the 241-mile Ohio Turnpike during the first nine months of this year after breaking a record in 2021.

Orders placed with U.S. factories for business equipment rebounded in October, suggesting capital spending plans are holding up in the face of higher borrowing costs and broader economic uncertainty.

Truck tonnage in October increased compared with year-ago levels but declined on a month-to-month basis, a sign that the freight market is reacting to economic and consumer trends, American Trucking Associations said.