Monday, December 23, 2024
HomeLogistics

Logistics

Federal Reserve issues third interest rate cut of 2024

The Federal Reserve issued its third rate cut, going back to September yesterday. The Federal Reserve’s Federal Open Market Committee (FOMC) said it decided...

US fighter jet patrolling Red Sea shot down apparently by ‘friendly fire’

A U.S. Navy fighter jet was shot down Sunday in what Central Command said was a “friendly fire” incident during military operations in...

FedEx announces that FedEx Freight will be separated into its own standalone company

In its fiscal second quarter earnings announcement issued earlier today, Memphis-based global freight transportation and logistics services provider FedEx said that the company’s...

Borderlands Mexico: Cross-border trade helping Mexico narrow gaps in technology 

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cross-border trade helping Mexico...

U.S. rail carload and intermodal volumes are mixed, for week ending December 14, reports AAR

United States rail carload and intermodal volumes, for the week ending December 14, were again mixed, according to data issued this week by...

Trump names Fink to head Federal Railroad Administration

President-elect Donald Trump said he has selected David Fink to become administrator of the Federal Railroad Administration. In a post today on Truth Social,...

FTR’s Trucking Conditions Index shows positive progress

The new edition of the Trucking Conditions Index (TCI), which was recently issued by freight transportation consultancy FTR, remained on a somewhat uneven...

CloneOps.ai gains seed funding, investor revels in the future of brokerage

CloneOps.ai, an AI-powered logistics communication platform, announced Wednesday the company has closed on an undisclosed amount of seed funding round led by a...

Intermodal volumes remain strong in November, reports IANA

Intermodal volumes continued to grow in November, according to data provided to LM by the Intermodal Association of North America (IANA). Total November volume,...

A Very WHAT THE TRUCK?!? Christmas ‘24

https://www.youtube.com/watch?v=8Thy9G1I4H8 On episode 787 of WHAT THE TRUCK?!? Dooner is joined by Covenant’s Matt McLelland who helps co-host out most festive show of the...

Running on Ice: The one with all the trees

All thawed out Tis the season for celebrations and stress on the supply chain. While every industry has its own peak season, it is...

Barr to VP investor relations for Norfolk Southern

Norfolk Southern Corp. has named Michael Barr as vice president of investor relations and treasurer. Barr most recently worked as managing director at asset...