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Brokers Expect Rising Contract Rates for 2022

Freight brokerage firms are anticipating that contract rates will keep rising this year, with a slowdown not expected until year鈥檚 end.

March 3, 2022
BusinessTechnologyEquipmentLogistics

February Class 8 Orders Mirror Weak Production Levels

Preliminary North American Class 8 orders in February came in at 21,000, or essentially even with January鈥檚 volume, but were less than half of what fleets ordered a year earlier, ACT Research reported, citing truck makers鈥 initial data.

March 3, 2022
GovernmentBusinessLogisticsTCA

Mobile Airport, Port Authority Awarded $100 Million Federal Grant

Two Mobile, Ala., transportation agencies are getting a combined $100 million in federal grant money to support various projects, including the construction of a new international airport terminal at the Brookley Aeroplex.

March 3, 2022
GovernmentBusinessLogistics

Biden Calls for Changes to Shipping Act to Improve Competition

President Joe Biden and some members of Congress are calling for ocean carriers to lose their limited antitrust immunity under legislation that has been introduced in the House of Representatives.

March 2, 2022
BusinessTechnologyLogistics

Amazon Closing All Bookstores, Shops to Focus on Grocery Sector

Amazon .com Inc. is closing all of its physical bookstores, 鈥淎mazon 4-Star鈥 locations and mall pop-up kiosks as the world鈥檚 largest online retailer narrows its brick-and-mortar push to the grocery sector.

March 2, 2022
BusinessLogistics

How Freight Volumes Get Suppressed Despite Strong Demand

Carriers have struggled to fully capitalize on high demand because of factors suppressing volumes, American Trucking Associations Chief Economist Bob Costello said March 1.

March 2, 2022
BusinessLogistics

FlexCold Names Craig Turner New President

Longtime food distribution and grocery executive Craig Turner on March 1 was named president of FlexCold, a third-party food logistics and cold storage operator based in Charleston, S.C.

March 2, 2022
BusinessLogisticsTCA

Funds Sought for Companion Span to Brent Spence Bridge

Kentucky and Ohio Govs. Andy Beshear and Mike DeWine announced their plans to jointly request up to $2 billion in federal funding for the Brent Spence Bridge Corridor Project at a press conference in Covington, Ky., on Feb. 28.

March 1, 2022
BusinessFuelLogistics

Workhorse to Retire Troubled Flagship Electric Delivery Van

Workhorse Group Inc. plans to kill its flagship electric delivery van after a recall last year, turning instead to two new models after what its CEO called a 鈥渃ostly misstep.鈥

March 1, 2022
GovernmentBusinessLogistics

DOT Report Offers Ideas to Ease Supply Chain Disruptions

A Department of Transportation assessment of U.S. supply chain disruptions calls for new policies and utilizing funding resources contained in the bipartisan infrastructure law for such solutions as expanding truck parking and improving warehouse capabilities.

March 1, 2022

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