Trade Deficit Narrows Most on Record on Muted China Imports
The U.S. trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid COVID lockdowns in China while exports climbed.
June 7, 2022Supply Snarls in US Are Easing
The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.
June 7, 2022XPO’s SEC Filing Advances Spinoff of Brokerage Platform
XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.
June 6, 2022Labor Talks for Port Workers Continue
The immediate future of the global supply chain rests on a bargaining table in San Francisco, where the union representing all West Coast dockworkers is hashing out a new contract with the assembled bosses of maritime shipping.
June 6, 2022CSX Turns Away Freight as Railroad Struggles to Fill Jobs
CSX Corp. is turning away freight from customers, ceding cargo business to truckers, as the railroad struggles to hire workers, CEO Jim Foote said.
June 2, 2022World Events Redistribute Supply Chains
Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the U.S.’s spat with Beijing couldn’t meaningfully do — redistribute supply chains.
June 2, 2022Survey Shows Slight Rise in Truck Drivers Seeking New Jobs
Truck drivers are increasingly more interested in switching carriers, with 37.4% saying they are looking for a new job, according to a survey released May 31.
June 2, 2022Pioneering The New 5G Era In Transportation And Logistics
Transportation And Logistics Is The Lifeblood Of Our Economy. Companies Are Using 5G To Uncover Exciting Possibilities Across Their People, Fleets, Assets, And Workflows. Learn how T-Mobile® For Business Can Help Fuel An Industry Transformation, Today And Tomorrow.
June 1, 2022Planners Eye New Freight Corridor Thanks to Interstate Designation
President Joe Biden’s recent interstate designation of a New Mexico-to-Texas freight corridor will give truckers a less congested route for future U.S. trade with Mexico and Canada.
June 1, 2022Proposal Seeks Increase in Port Diesel Fee
LONG BEACH, Calif. — San Pedro Bay ports charge $10 per container for transport that isn’t by a zero-emission truck, but an environmental group wants to combine a higher fee with incentives to accelerate adoption of cleaner trucks.
June 1, 2022