The benchmark price used for most diesel fuel surcharges declined for the seventh straight week. Tuesday’s price, delayed a day due to the Memorial Day holiday, came the same day as one of the larger one-day increases in the price of ultra low sulfur diesel (ULSD) on the CME commodity exchange in several weeks. The…
Welcome to the WHAT THE TRUCK?!? Newsletter presented by Redwood Logistics. In this issue, did Memorial Day pop spot rates; Lego’s new semitruck; wait times drop; and more. Back to work in the home of the free, because of the brave X Long weekend — How’d your Memorial Day go? Did you grind through it?…
RoadOne IntermodaLogistics announced it has broken ground on a 100-acre distribution and transloading facility near the Port of Charleston. The Summerville, South Carolina, site will be constructed in two phases. The company plans to open a 384,800-square-foot facility with 13 acres of trailer and container parking in January. A second phase will be completed in…
U.S. Customs and Border Protection officers in Texas seized more than $5.4 million worth of methamphetamine hidden in a shipment of papayas. 606 pounds of methamphetamine confiscated by CBP. (Photo: US Customs and Border Patrol) Agents discovered the drugs on May 9 at the Pharr International Bridge after an officer referred the tractor-trailer hauling the…
Container shipments rose at Port Houston in April; while the Port of Corpus Christi, Texas, and New Orleans recorded slight declines. Port Houston records 5% rise in container flows in April Port Houston handled 324,177 twenty-foot equivalent units in April, a 5% year-over-year (y/y) increase compared to the same month in 2023. Year to date,…