The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks. Over six months since the Panama Canal’s reservoir system suffered from the driest October in at least 73 years, the ACP finally sees a path to normalizing operations. On March 25,…
The showdown in Minneapolis over a May 1 level of minimum pay for what the city calls Transportation Network Companies — specifically, Uber and Lyft — has been put off for at least two months. With both companies having said they would pull out of the city when the minimum compensation ordinance went into effect…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Samsara opens new office to focus on expanding cross-border trade; TriumphPay expands payments network to Mexico; China-based auto supplier to build $36M factory in Mexico; and Quantix acquires hazardous waste hauler in Houston. Samsara opens new…
Chart of the Week: Reefer Tender Reject Index, Reefer Truckload Index – USA SONAR: ROTRI.USA, RTI.USA The refrigerated (reefer) truckload market has settled after showing signs of destabilizing in front of the broader market last fall. The Reefer Outbound Tender Reject Index (ROTRI) has averaged below 5% since the start of March after spending much of…
Former Tony’s Express truck drivers and other employees say financial mismanagement by new owner John Ohle led to the 70-year-old trucking company’s recent collapse. Tony’s Express, headquartered in Fontana, California, shut down March 28 after Ohle and others sent a series of text messages starting on March 24, informing workers that the company would not…