The Port of Los Angeles handled a record-breaking 939,600 twenty-foot equivalent units in July, up 37% over the previous year. It was the busiest month in more than two years and the best July in the port’s 116-year history. So far in 2024, the largest U.S. container gateway is 18% ahead of its 2023 pace….
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Lewie Pugh of the Owner-Operator Independent Drivers Association made only a few comments at his House of Representatives committee appearance July 24 about the Biden administration’s independent contractor (IC) rule. But they were enough to draw a strong rebuke from Chris Spear, president of the American Trucking Associations. Spear took to ATA’s Transport Topics website…
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 2024 has already proved challenging for global supply chains, with extreme weather events wreaking havoc on transportation, production and agriculture. The repercussions are being felt across industries, causing delays, shortages…
The liquidation of trucking giant Pride Group could affect freight rates and the driver market across the industry, according to an industry observer. Pride Group, one of Canada’s largest trucking and leasing companies, filed for bankruptcy protection March 28, owing lenders $637 million. Stakeholders recently dismissed a $56 million bid by members of the Johal…