Mexico was the United States’ top trading partner in March, with two-way trade totaling $68.5 billion, according to the latest data from the Census Bureau. It was the third consecutive month and 13th of the past 14 months Mexico has been No. 1 in trade with the U.S. While Mexico retained the top spot in…
Less-than-truckload carrier XPO announced Tuesday the opening of three additional service centers, which are part of the 28 it previously acquired for $870 million from bankrupt Yellow Corp.’s estate. XPO (NYSE: XPO) said it’s adding a 36,000-square-foot terminal in Las Vegas to grow its trade show shipping capabilities. The location is XPO’s second in that…
Amazon has committed to lease 10 additional freighter aircraft from Air Transport Services Group and pay its partner to operate the aircraft over five years as part of a deal that deepens relations between the companies and underscores how the retailer is gaining in the U.S. parcel market. ATSG (NASDAQ: ATSG) announced late Monday that…
Another decline in the benchmark retail price of diesel used for most fuel surcharges is the most outward sign of a market that is sagging in several places. The Department of Energy/Energy Information Administration average weekly retail price declined 5.3 cents a gallon Monday, falling to $3.894. It was the fourth consecutive decline and the…
WASHINGTON — House lawmakers have approved legislation directing the U.S. Postal Service to set new rules for keeping track of crashes involving its trucking contractors, including penalties against motor carriers for failing to report them. On Monday the House passed, by voice vote, the Mail Traffic Deaths Reporting Act of 2024, which would require contract…