AscendTMS Partners With Highway on Carrier ID
Through this partnership, freight brokers gain access to Highway’s Carrier Identity Engine, load protection and real-time monitoring directly in AscendTMS at exclusive pricing.
US Holiday Spending Projected to Eclipse $1 Trillion in 2025
Holiday spending will surpass $1 trillion this year and set a record despite consumer caution, according to a forecast by the National Retail Federation.
Elevated Cargo Theft Landscape Settles Into New Normal
“We’re just about flat, which tells us, we’re leveling off and we’re starting to live in that new norm,” says Scott Cornell, a crime and theft specialist at Travelers.
Trump Plans 1-Year Pause on Port Crane Duties, China Ship Fees
The U.S. is pushing forward on President Trump’s pledge to pause penalties aimed at China’s shipbuilding industry, a key concession in his interim trade pact with counterpart Xi Jinping.
Flight Cancellations Ramp Up as Airlines Comply With FAA Order
U.S. airlines began canceling hundreds of flights Nov. 6 due to the Federal Aviation Administration’s order to reduce traffic at the country’s busiest airports starting Nov. 7.
LRT Group acquires specialized LTL carrier XGS
Specialized less-than-truckload carrier XGS has been acquired by LRT Group. The post LRT Group acquires specialized LTL carrier XGS appeared first on FreightWaves.
Port Houston CEO: Maritime industry must adapt as trade markets shift
The Houston International Maritime Conference brought together executives, carriers and freight stakeholders to discuss shifting global trade flows. The post Port Houston CEO: Maritime industry must adapt as trade markets…
Lawmakers want to broaden trucker human trafficking ban
Two U.S. Senators have introduced a bipartisan bill to mandate a permanent ban on transportation licenses for anyone convicted of human trafficking. The post Lawmakers want to broaden trucker human…
Wabash, tied down in a weak trailer market, gets a debt downgrade
For the second time this year, Moody’s Investors Service has downgraded the debt rating of trailer manufacturer Wabash National. The latest move takes the company’s corporate family rating (CFR) to…
Cencora makes $1 billion investment in pharma supply chains
Cencora is betting on the future of pharmaceutical logistics, announcing a $1 billion investment through 2030 to expand and modernize its U.S. distribution infrastructure. This move is not just network…