Less-than-truckload carrier Saia saw an acceleration in daily shipment counts through the first two months of the second quarter. After the company logged a 15.7% year-over-year (y/y) increase in shipments during the first quarter, a Tuesday midquarter report showed the carrier’s shipments finished April 18% higher y/y and were up 18.6% y/y in May. Saia…
As the trucking industry continues to become increasingly reliant on software and digital infrastructure, organizations like the National Motor Freight Traffic Association (NMFTA) aim to make application programming interfaces (APIs) more secure. As any disruptions to the trucking industry have wide-reaching impacts on the economy and present serious national security risks, commercial transportation security concerns…
A Delaware bankruptcy court ruled Monday to give Yellow Corp. more time to exclusively oversee its liquidation. A 90-day extension keeps other financial firms from putting forward competing plans for unwinding the estate. Counsel for Yellow argued that other interested parties may have sought an expedited disposal of its remaining assets, resulting in lower proceeds…
The benchmark diesel price used for most fuel surcharges fell Monday for the eighth consecutive week by an amount that is dwarfed by the ongoing decline in the diesel futures market. This week’s Department of Energy/Energy Information Administration average weekly retail price declined by 3.2 cents a gallon to $3.726. During that eight-week period, the…
The Federal Maritime Commission’s revision to the detention and demurrage rule went into effect last week, and the new requirements for billing and timeframe of each step have raised some questions in the logistics industry. American Shipper reached out to the FMC to answer those questions. American Shipper: Can you break out the timing of…