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The post FreightWaves Infographics: Port of Los Angeles sees busiest month outside pandemic appeared first on FreightWaves.
The post FreightWaves Infographics: Port of Los Angeles sees busiest month outside pandemic appeared first on FreightWaves.
U.S. Customs and Border Protection has suspended several customs brokers from a program designed to speed entry for low-value shipments but has paved the way for an explosion of e-commerce imports from China and India that the agency is struggling to police. CBP didn’t spell out specifics in Friday’s suspension announcement but implied the intermediaries…
A revamp of a controversial proposed rule setting standards for using hair to test truckers for drugs has been received by the White House Office of Management and Budget for review. The rewrite was received Friday, according to OMB. Its Office of Information and Regulatory Affairs (OIRA), which is conducting the review, has up to…
During the busiest Q1 earnings week (42% of the S&P 500 market capitalization is reporting this week according to Goldman Sachs), several companies involved in the box market, which is among the best leading/coincident economic indicators depending on how one defines leading, have reported downbeat results and cut guidance. The consistent theme has been intensifying…
The most notable number in this week’s employment report for truck transportation might be a difference of 400 jobs. In a Bureau of Labor Statistics report that noted relatively moderate movement in jobs statistics overall, the seasonally adjusted figure for truck transportation came in at 1,543,500 jobs. That is only 400 more than the 1,543,100…
Cargojet on Monday reported a US$25.8 million loss in the fourth quarter mostly related to fuel and noncash charges, capping a rocky year marked by slashed plans for major fleet expansion and a renewed focus on cost management to boost free cash flow and investor returns. Despite recent retrenchment, the company sounded an optimistic note…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal…