Builder confidence in the market for newly-built single-family homes in July posted a one-point gain to 56, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index...
Introduction We’re still only beginning to see how the changes to U.S. shipping law will affect businesses’ imports and exports as well as carriers’ and other industry stakeholders’ operations within...
Lower revenues in the second quarter of 2023 put pressure on overall profits for Canadian railway CN. CN reported second-quarter 2023 adjusted net income of CA$1.17 billion (US$886 million), or...
P&S Transportation LLC, a PS Logistics subsidiary, announced today that it has purchased all substantial transportation assets of Rinaudo Enterprises Inc. and Ringo Specialized Hauling Inc., a privately owned interstate trucking and brokerage company...
FedEx Express pilots picket outside the New York Stock Exchange last October. (Michael Nagle/Bloomberg News) Union pilots who fly for FedEx announced on July 24 the rejection of a proposed...
ILWU Canada caucus approves tentative deal; membership vote expected this week The rollercoaster developments of the past three weeks, which began with a 13-day strike by ILWU Canada on July...
Demand for temperature-controlled equipment is typically at its highest during the summer months, peaking right around Independence Day. That’s when spot rates increase and produce volume peaks, but within the...
There is growing conviction among US companies that inventory destocking is working, thinning stockpiles of goods built up in 2022 — but just not fast enough. “The peak of inventory...
Well, that didn’t last long. The good feelings that the strike at Canada’s ports was over only lasted days. However, a resumed or new strike (depending on your point of...
Throughout history, trade routes have played a vital role in shaping the world’s economic and cultural landscape. Today, numerous routes exist throughout the world, keeping societies running. But how did...
