Logistics News

A portfolio of 41 Mickey Truck Bodies property tracts in High Point, N.C., has been flipped for $35.52 million to TFI Chassis Portfolio.

The freight market finished the year on a downward slope as tonnage declined on both a monthly and annual basis in December, American Trucking Associations reported.

Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

A. Duie Pyle in a fast start to 2025 set in motion plans to open four new less-than-truckload terminals.

The European Union and Mexico agreed to a revamped free-trade agreement, just as both are under pressure from President-elect Donald Trump, who has threatened them with new tariffs.

A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

Well-heeled workers that live in the New York City suburbs will soon have a lofty path to avoiding gridlock en route to their Manhattan offices.

"While this administration is coming to a close, the work that we have launched will be generating good jobs, good livelihoods and good outcomes for years and years to come," Buttigieg said.

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.