Entering the third quarter of 2023, the freight market is at a crossroads, teetering between tumult and a potential step toward balance. The first half of the year, best characterized by a capacity glut that pushed truckload spot rates underwater, has shown signs of bottoming. Now, the turmoil at major carriers is beginning to make…
Leaving vulnerabilities in your enterprise systems unpatched is like keeping your front door open all the time. It invites unwanted guests looking to do damage or steal your valuables. But securing the systems and networks that you rely on to run your business is a little more complicated than protecting your home by locking your…
Officials at Los Angeles International Airport said Monday they have selected a consortium led by Aeroterm, the largest manager of on-airport air cargo real estate in North America, to redevelop obsolete cargo facilities across the sprawling complex into a consolidated, technically advanced cargo village that increases capacity and efficiency. The cargo improvement project is the…
Contract logistics provider GXO Logistics (NYSE: GXO) said Tuesday that it has named Adrian Stoch to the newly created role of chief automation officer. Stoch previously served as consumer division president of the company’s Americas and Asia-Pacific region, for which he led automation expansion across many of GXO’s leading U.S. sites. Stoch, who will report…
Putting damage award caps in place and preventing plaintiff attorneys from appealing to the reptilian region of the brain to instill fear in jurors are just two of the U.S. Chamber of Commerce’s recommendations to combat nuclear verdicts. In its report released earlier this month on nuclear and smaller verdicts impacting the trucking industry, the…