Amazon Offers Delivery Partnership to Main Street Businesses
Amazon is seeking to recruit 2,500 small businesses across 23 states in the US to participate in its "Amazon Hub Delivery" program, aiming to enhance package delivery capabilities.
Surging Frozen Food Demand Poses Challenges for Critical Cold Storage Supply Chains
The surging demand for frozen food in the United States is putting pressure on critical cold storage supply chains.
US Wholesale Prices Show Further Deceleration, Indicating Easing Inflationary Pressures
Wholesale prices in the United States continued to decelerate, signaling a reduction in inflationary pressures.
U.S. DOT Launches Task Force to Address Predatory Truck Lease-Purchase Agreements
The U.S. Department of Transportation (DOT) has formed a Truck Leasing Task Force to address predatory lease-purchase agreements that exploit truck drivers.
North American Class 8 Truck Orders Experience Second Consecutive Year-Over-Year Increase in June
According to ACT Research, North American Class 8 truck orders rose by 4.5% year-over-year in June, marking the second consecutive month of growth.
Hallmark Strengthens Distribution Network with Second Liberty Facility
Hallmark has opened a second distribution center, named Liberty II, in Liberty, Missouri, as part of its efforts to optimize and centralize its distribution network.
EV Auto Industry Struggles as Supply Outpaces Consumer Demand
The auto industry is facing a significant challenge as the supply of electric vehicles outpaces consumer demand.
Wholesale Used Vehicle Prices Experience Significant Decline, Set to Stabilize in Second Half of the Year
Wholesale used vehicle prices recorded their largest monthly decline since the start of the pandemic, signaling a potential stabilization in the market during the second half of the year.
Trucking Industry Faces Ongoing Downturn in Freight Cycle, Balanced by Positive Destocking Trends Amid Low Demand
The trucking industry experiences an ongoing freight cycle downturn, although positive de-stocking trends have provided some balance amid low demand.
Walmart Unveils Largest Fulfilment Center to Strengthen E-Commerce Expansion
Walmart has opened its largest fulfillment center in McCordsville, Indiana, as part of its e-commerce growth strategy to reach 95% of the US population within two days of ordering.
Independence Day Holiday Week Sees Decline in Spot Market Freight Rates and Volumes, with Flatbed Rates Showing Resilience
Spot market freight rates and volumes experienced a decline during the Independence Day holiday week, according to the Truckstop system.
Logistics Industry Contracts for Second Consecutive Month, Inventory Levels Decline
Economic activity in the logistics industry declined for the second consecutive month in June, as revealed by the Logistics Managers' Index report.
U.S. Electric Vehicle Sales Growth Slows as Dealer Inventory Increases
The growth of electric vehicle sales in the U.S. has started to taper off as dealer lots become filled with unsold battery-powered models.
Van Rates Rise, Flatbed Rates Decline for Fifth Consecutive Week
Spot rates for van equipment increased in line with seasonal expectations, while flatbed rates experienced a slight decline for the fifth consecutive week, although not as steep as in previous weeks, according to a report by Truckstop and Freight Transport Research.
Saudi Arabia Raises Crude Oil Prices, Risking Demand Suppression
Saudi Arabia's state-owned oil company, Saudi Aramco, increased the prices of its crude oil in Europe, the Mediterranean, and Asia, contrary to expectations.
Truck Manufacturers Commit to Cease Sales of Gas-Powered Vehicles in California, Promoting Zero-Emission Trucks and Cleaner Air
Major truck manufacturers have made a commitment to cease the sale of new gas-powered vehicles in California by the mid-2030s.
Supply Chain Index Hits New Low
According to the Logistics Managers' Index (LMI), supply chain activity reached a new low in June, marking the fourth consecutive record low.
Fast-Growing States Drive $100 Billion Wealth Migration and Economic Shift
Six fast-growing states in the South, including Florida, Texas, Georgia, the Carolinas, and Tennessee, are now contributing more to the national GDP than the Northeast, according to Bloomberg.
The Economic and Social Implications of the Radical Embrace of Electric Vehicles
The radical embrace of electric vehicles (EVs) and the ban on traditional cars may have unintended consequences for the economy and affordability of transportation.
Record Railroad Profits Call for 'Do No Harm,' Not Harmful Legislation
The recent legislation proposed by Senators Tammy Baldwin and Roger Marshall called the "Reliable Rail Service Act," has raised concerns reminiscent of the 2008 financial crisis.
