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Get Big Savings with Weigh Station Bypass
In a new PrePass whitepaper, we look at five typical interstate truck routes. You will see the weigh stations that allow trucks to bypass using either the PrePass transponder or app and the corresponding savings in time, fuel, and money that quickly accumulate.... Read more
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Amazon Revenue Beats Q4 Estimates, Profits Slump
NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.... Read more
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Democrats Tout Biden’s Big Infrastructure Implementation
The leader of the U.S. Senate is among senior Democrats praising the Biden White House’s management of a $1.2 infrastructure law amid renewed calls for oversight from congressional Republicans.... Read more
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FMCSA Seeks Input on Regulating Autonomous Commercial Vehicle Safety
As motor carriers begin using trucks with high levels of autonomous features in real-world operarations, the Federal Motor Carrier Safety Administration is looking at how they should be regulated.... Read more
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Q4 U.S. Freight Index shows shipment declines, due to services resurgence
Fourth quarter freight shipments—at 113.0—were down 4.6% compared to the third quarter, for the largest sequential decline since the first quarter of 2021, and were down 7.1% annually, marking the largest annual decrease since the third quarter 2020. For expenditures, the fourth quarter reading—at 272.3—was off 0.2% compared to the... Read more
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Global Logistics 2023: Supply chains under pressure
Supply chains worldwide will continue to be caught between politics, economics and ecology in the future. Whether there will be more regionalization or nearshoring remains to be seen. The question will linger: Who will win and who will lose in this increasingly tense competition?... Read more
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Mitsubishi Warehouse Deal With Port of San Diego Falls Through
A deal between the Port of San Diego and Mitsubishi Cement Corp. for a storage facility at the 10th Avenue Marine Terminal has fallen through, officials announced Feb. 1.... Read more
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C.H. Robinson Reports 58.2% Earnings Drop for Q4
C.H. Robinson Worldwide Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.... Read more
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Putting the retail supply chain in reverse gear
Retailers that don’t consider product returns their biggest source of supply may want to rethink their reverse logistics approaches for 2023.... Read more
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Medline builds on success with mobile robotics
A leading manufacturer and distributor of critical medical and surgical supplies incorporated nearly nine years of experience with goods-to-person robots in the design of a new flagship facility.... Read more
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Three Companies Expand in Kentucky Distribution, Logistics Hub
Northern Kentucky’s footprint for logistics, distribution, transportation and cargo businesses has recently grown with three company expansions totaling $17.4 million.... Read more
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House GOP Pursues Conservative Energy Agenda
The new House Republican majority recently launched its oversight agenda of the Biden administration’s energy policy portfolio.... Read more
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Schneider Reports 18% Earnings Decline for Q4
Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.... Read more
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Tiger Cool Express inks lease/purchase agreement for former Cold Connect Warehouse and property
Tiger Cool Express said that the lease/purchase agreement with Union Pacific was signed in late December, noting it is a lease to buy, with Union Pacific owning it until Tiger Cool Express exercises the option. What’s more, the company said this had been in the works for two years, calling... Read more
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Ocean Cargo: Stormy seas ahead for carriers
After posting another record year of profits, worldwide recessionary and inflationary pressures are now chipping away at ocean carrier fortunes. As far as rates are concerned, our analysts suggest that shippers and freight forwarders will be able to do a little window shopping this year.... Read more