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The post Daily Infographic: Mexico top US trade partner in November appeared first on FreightWaves.
The post Daily Infographic: Mexico top US trade partner in November appeared first on FreightWaves.
American Airlines (NASDAQ: AAL), unlike its peers, didn’t experience a bump in cargo business during the peak shipping season that ended in mid-December. Cargo revenue was $199 million during the fourth quarter, a 24.2% decline from the same period in 2022, the Fort Worth, Texas-based carrier said in its earnings report released Thursday. The sales…
Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: RXO invests $30 million and expands its logistics operations in South Texas; the Mexican state of Nuevo Leon is investing $22 million to expand a border bridge; Packwell is set to build a resin logistics center at…
Federal investigators plan to release the cause of last year’s Norfolk Southern train derailment in East Palestine, Ohio, this summer. On Wednesday, the National Transportation Safety Board announced it will hold its final board meeting on the incident at 9:30 a.m. ET on June 25 at East Palestine High School. During the meeting, the NTSB…
Western regional parcel carrier GLS hopes that it can save its shippers significant money by being very specific about how it costs out its services. The Dutch carrier, with U.S. headquarters in Santa Fe Springs, California, recently announced the launch of its Zone 0 — defined by GLS as super short-haul, super-dense urban areas —…
In today’s dynamic and ever-evolving business landscape, optimizing logistics for service excellence and cost efficiency has become a critical imperative. Market shifts over the past year – coupled with a looming recession – have inspired shippers to take a more cost-driven approach to transportation decision-making in recent months. Many companies are striving to recoup from…
Bed Bath & Beyond, now in Chapter 11 bankruptcy, insists it was a victim of shipping line greed amid the supply chain crisis. It filed a high-profile complaint with the Federal Maritime Commission (FMC) on April 27 against Hong Kong-based shipping line OOCL, seeking at least $31.7 million in compensation. District court documents reveal Bed…