News

A report stated that Omaha, Neb.-based Union Pacific (UP) “is working with investment bankers at Morgan Stanley to explore the acquisition of a rival.” ...
June retail sales, adjusted for seasonal variation and holiday and trading day differences but not price changes, came in at $720.1 billion, up 0.6% over May’s $715.5 billion and up 3.9% annually. And ...
While the outcome of the federal budget reconciliation bill, also known as the “One Big Beautiful Bill (OBBB),” was largely expected to be passed along party lines, as was the case last month, what is ...
LM Group News Editor Jeff Berman recently spoke with Tim Hotze, Senior Vice President Operations Planning, Network Steering and Optimization, for Target, at the SMC3 Connections conference in Salt ...
Foot Equivalent Units (TEU), posted an 8% annual gain, marking the highest-volume June in the port’s 117 years of operation. June Port of Long Beach volume, at 704,703 TEU, fell 16.4% annually.
The June shipments reading, at 1.052, fell 2.4% annually and was off 0.2% sequentially, and June expenditures, at 3.273, increased 2.6% annually and were down 1.2% compared to May.
Chattanooga, Tenn.-based 3PL Kenco recently announced it has officially introduced its Contract Packaging Division, which it describes as a strategic investment covering secondary packaging that will ...
Keith Peterson, Director of Operations at the NMFTA, breaks down what’s changing on July 19 and how shippers and carriers can prepare ...
The National Motor Freight Classification (NMFC) system, a standard for identifying and classifying freight for over 70 years, is getting its biggest update in decades. The new classification system, ...
The August edition of the ITS Logistics US Port/Rail Ramp Freight Index highlighted various headwinds impacting ocean shipping, at the moment, while keeping an eye on things that shippers need to be ...
Not long after President Trump stated on a social media message that the United States will increase tariff rates on Canada, effective, August 1, over the weekend he said that matching 30% tariffs ...