For only the second time in recent history, Mexico was the top overall U.S. trading partner for the year. Mexico’s trade with the U.S. rose 2.5% year over year (y/y) to $798 billion in 2023, boosted by exports of gasoline and other fuels and imports of passenger vehicles. Canada ranked No. 2, with two-way trade…
Digital freight marketplace CDL 1000 has expanded its market share into Los Angeles with the acquisition of competitor Next Trucking. The Wall Street Journal reported the acquisition Monday morning, but the terms of the deal were not disclosed. Next Trucking operates at the Los Angeles and Long Beach ports, an integral area for freight in…
WASHINGTON — The Senate may soon consider a three-year tax package that includes financial benefits for both large and small trucking companies. It passed the U.S. House of Representatives with strong bipartisan support. The Tax Relief for American Families and Workers Act of 2024, approved in the House by a vote of 357-70 on Jan….
On episode 681 of WHAT THE TRUCK?!?, Dooner is joined by Zeem Solutions founder and CEO Paul Gioupis. Zeem just cut the ribbon on its charging depot in Inglewood, California. We’ll find out why Gioipis thinks this is the first step toward electrifying millions of trucks in the state. Uber Freight has released a Scheduling…
Kenan Advantage Group (KAG) said Monday it has acquired Northern Dry Bulk for an undisclosed amount. Clare, Michigan-based Northern Dry Bulk primarily hauls and stores plastic resins used in the automotive, packaging and electronics industries. The carrier serves the U.S. and Canada out of two terminals with a fleet of 36 tractors and 91 trailers….