A Jacksonville-based logistics company has just won one of the largest military contracts in history. Plus, a driverless truck company debuts on I35, the freight brokerage automation debate, and more.
The Port of Los Angeles processed 752,893 20-foot equivalent units for the month of May. A 3% decline from the 779,140 moved around this time a year ago.
This contract follows the original DFTS contract awarded to Crowley in 2017, one of the largest logistics contracts under the federal government.
Over 60 small trucking companies face significant debt as Transplus Freight files for bankruptcy, highlighting the challenging dynamics within the logistics sector.
Mississippi-based firm, Transplus Freight System Inc., files for bankruptcy liquidation, leaving over 60 small trucking companies collectively in millions of dollars of debt. Citing assets of up to $50,000 and liabilities between $1 million and $10 million, Transplus has announced no funds will be available for unsecured creditors post-administrative fees. Amid a year of declining freight volumes and rates, this move starkly underlines the mounting challenges and uncertainties for trucking companies and freight brokerages.
This contract follows the original DFTS contract awarded to Crowley in 2017, one of the largest logistics contracts under the federal government.
U.S. House bill includes $200 million for truck parking expansion.
Curious about which countries drive the most traffic to US load boards? Here are the top 5 countries with the highest inbound traffic to DAT, Truckstop, and 123 Loadboard.
ATRI report reveals a 6.6% increase in trucking operational costs during 2023 freight recession. Here's a breakdown of the numbers.
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