Putting a bow on July

This week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 35 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…

Borderlands Mexico: Surging cross-border flows a boon for operators like DHL

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Surging cross-border flows a boon for operators like DHL; Cargo rail theft up 99% across Mexico in May; Australian clothing retailer selects Cart.com as US fulfillment partner; and Venture Solutions opens logistics warehouse in Laredo, Texas….

Hub Group posts decline in Q2 earnings, lowers 2024 outlook

Multi-modal supply chain solutions provider Hub Group Inc. posted a decline in second-quarter revenue and lowered its outlook for full-year earnings as the freight market continues to challenge transportation providers, company officials said. Management cited lower revenue per load and decreasing revenue in its intermodal segment as factors impacting second quarter results. “We just feel…

Breaking: Teamsters begin voting for presidential endorsement

The International Brotherhood of Teamsters announced Friday that its membership would be voting on the union’s endorsement for U.S. president this election year. According to a Facebook post from the organization, rank-and-file teamsters are encouraged to vote now on presidential endorsement. The post says that the union’s 1.6 million members and retirees recently received the…