In quieter diesel market, benchmark price moves down just over 5 cents

After a big upward move of 21 cents a gallon two weeks ago and a price that didn’t move last week, the weekly Department of Energy/Energy Information Administration average weekly retail diesel price moved down in its latest posting.  The size of the 5.1-cents-a-gallon drop was somewhat surprising, given other indicators that suggested the decline…

573 layoffs hit logistics firms in California, Illinois and Michigan

Mass layoffs continue across the freight and logistics industry, with companies in California, Illinois and Michigan recently announcing job reductions and facility closures. DHL Supply Chain Third-party logistics provider DHL Supply Chain is laying off 161 workers in Joliet, Illinois, as a result of losing a customer, according to a filing with the state. Company…