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…
The increase posted Monday in the benchmark diesel price used for most fuel surcharges could be seen as historic. By one measure, it isn’t a big deal. The 9.9-cent increase in the Department of Energy/Energy Information Administration average weekly retail diesel price to $3.905 a gallon is only the 9th biggest since Russia invaded Ukraine…
FreightWaves has written extensively in recent months about how historically weak U.S. box demand has been, and nothing’s changed of late. In fact, demand continues to surprise to the downside, even though it’s been consistently worse than the largest North American containerboard and box producers expected in each of the past three quarters. Why does…
Last-mile logistics real estate operator Link Logistics said Monday fundamentals continued to stay strong across its portfolio during the second quarter. The company signed 418 leases in the period representing 13.3 million square feet of space. Its portfolio was 96.4% leased on a same-store comparison, which was 160 basis points lower year over year. However,…
Improvements to the Trans-Canada Highway between Ford Road and Tappen Valley Road are scheduled to begin this fall. A $128-million contract for the project has been awarded to Emil Anderson […]