News Articles
Schneider is set to purchase Cowan Systems for $390 million, enhancing its dedicated freight services.
Schneider, a freight transportation and logistics provider based in Green Bay, Wisconsin, has announced its agreement to acquire Baltimore's Cowan Systems LLC for approximately $390 million, along wit
Read MoreThe national average for diesel prices has risen following three consecutive weeks of decrease, according to the EIA report.
The national average price for a gallon of diesel gasoline increased by 4.8 cents to $3.539 for the week of November 25, following three weeks of declines that saw a cumulative drop of 8.2 cents. This
Read MorePresident-elect Trump is prepared to impose new tariffs once he assumes office in January.
President-elect Donald Trump is set to resume his tariff plans upon taking office, proposing a 25% tariff on imports from China and Mexico, alongside an additional 10% tariff on Chinese goods. This in
Read MoreSponsored Content Insider Q&A: Enhance Supply Chain Flexibility Through Advanced TMS and Freight Auditing
The global supply chain management landscape is increasingly complex, influenced by technological advancements and evolving market demands. Companies are leveraging data analytics, AI, and machine lea
Read MoreCathay extends its congratulations to Hong Kong International.
Cathay congratulates Hong Kong International Airport on the upcoming Three-Runway System, which signals significant growth for the aviation hub. The airline group aims to restore its flight operations
Read MoreCEVA Logistics introduces FORPLANET.
CEVA Logistics is advancing its sustainability efforts by launching CEVA FORPLANET, a new sub-brand aimed at reducing the environmental impact of supply chains. This initiative focuses on low-carbon t
Read MoreSilk Way Alat Free Economic Zone and Modern Construction have entered into a partnership agreement.
Silk Way Alat Free Economic Zone Company (SW AFEZCO) has entered into a design and build agreement with Modern Construction Group to develop the Silk Way Cargo Village in Azerbaijan's Alat Free Econom
Read MoreThe OnTrac financing agreement opens the door for additional growth opportunities.
OnTrac has secured a deal with lenders to boost liquidity for its expansion plans, which includes new debt financing and extended maturities to support growth initiatives. CEO Mike Duffy emphasized th
Read MoreOld Dominion will increase its rates next month.
Old Dominion Freight Line will implement a 4.9% general rate increase effective December 2, applicable to its existing tariffs. This decision, announced by VP Todd Polen, aims to partially address ris
Read MoreAccording to the CEO, BMW's presence in the US could shield the company from the effects of tariffs.
BMW Group's extensive U.S. manufacturing presence, with 30 sites across 12 states, provides a buffer against geopolitical shifts and tariffs, according to CEO Oliver Zipse. The Spartanburg plant, the
Read More