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Disruptions Add More Stress to Already Strained Capacity Market

Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases.

May 13, 2021

More Than 700 Barges Stuck in Mississippi River From Bridge Crack

A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.

May 13, 2021

Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom

Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on May 7, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.

May 13, 2021

Loads Increasingly Shifting to Spot Market, DAT Data Shows

An increasing number of loads are shifting onto the spot market amid tight conditions in trucking, according to recent data by DAT Freight & Analytics.

May 13, 2021

US Shipping Rule Waived so Foreign Tanker Can Deliver Fuel

The Biden administration temporarily eased century-old U.S. shipping requirements so a single foreign tanker could transport gasoline and jet fuel to the East Coast, where the Colonial Pipeline outage caused tanks to run dry.

May 13, 2021

Forklift Driving Becomes Desk Job in Phantom-Mitsubishi Deal

Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away.

May 13, 2021

New TIA Chairman Michael Riccio Highlights Areas of Focus

Michael Riccio discussed his goals as the newest chairman of the Transportation Intermediaries Association during the 2021 TIA Capitol Ideas Conference on May 12.

May 12, 2021

CSX to Acquire Quality Carriers

Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.

May 12, 2021

TIA Pledges Greater Capitol Hill Presence; New CEO Anne Reinke Leads First Meeting

The head of the Transportation Intermediaries Association stressed that the industry is healthy and poised for a return to the kind of camaraderie that existed before the coronavirus pandemic.

May 12, 2021

Daseke Reports Improved Q1 Earnings

Flatbed carrier Daseke Inc. reported that its first-quarter net loss narrowed by more than half compared with year-ago levels.

May 10, 2021