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News
NRF: Early peak shipping season to subside in September
4+ day, 9+ hour ago (206+ words) Retailers had rushed their merchandise orders to cope with tariff changes, supply chain disruptions, and Iran War. This year’s peak shipping season is coming to an end, with import volume at the nation’s major container ports expected to remain high…...
Logistics industry growth slowed in July
6+ day, 8+ hour ago (200+ words) Business activity cooled as retailers pulled back on inventory, and warehousing and transportation capacity tightened, latest LMI report shows. Economic activity in logistics slowed in July but remained above recent highs, indicating continued strong demand for logistics services nationwide, according…...
Matternet adds another drone operations partner
3+ week, 1+ day ago (218+ words) Beeline to serve food, retail, and healthcare customers in San Francisco and Los Angeles. Matternet, a California-based autonomous aerial logistics company, will expand its drone delivery network through a partnership with Beeline UAS, a provider of commercial-scale drone logistics technology,…...
ATRI says cost of operating a truck hit record high in 2025
3+ week, 5+ day ago (210+ words) In response, carriers applied austerity measures by reducing freight capacity and truck counts. The cost of operating a truck rose in 2025, as the industry-average cost to operate a truck in 2025 was $2.336 per mile, 3.4% higher than the previous year, according to…...
Project44 splits shipment visibility tech into two businesses
4+ week, 11+ hour ago (131+ words) DC Velocity Start your day right! Project44 splits shipment visibility tech into two businesses Original Project44 will provide visibility to enterprise shippers, while new LSP44 serves logistics service providers with AI agents and APIs. Supply chain tracking and visibility tech firm Project44 will separate…...
Port of LA offers $300k incentive to buy electric drayage trucks
4+ week, 1+ day ago (203+ words) DC Velocity Start your day right! Port of LA offers $300k incentive to buy electric drayage trucks Program is open to Licensed Motor Carriers registered in the port’s Drayage Truck Registry. Specifically, the port is now seeking proposals for its “Zero-Emission…...
DAT: Truckload rate recovery is based on tight capacity, not broad demand
1+ mon, 2+ day ago (150+ words) DC Velocity Dry van spot rates top contract for first time since February 2022, and flatbed rates reach record high. Truckload rates continue to rebound quickly from a three-year recession, but that recovery is being driven more by tighter trucking capacity…...
FTR: Trucking sector recovery to hit a ceiling without better freight growth
1+ mon, 3+ day ago (194+ words) Rebound from freight recession has been due to tightened trucking capacity and pressure on foreign drivers, not on sufficient organic growth in freight demand, FTR says. A measure of trucking sector business conditions jumped in May to its strongest level…...
AI takes center stage at trucking industry conference
1+ mon, 1+ week ago (452+ words) DC Velocity Start your day right! AI takes center stage at trucking industry conference Tech experts, industry leaders outline the risks and rewards of artificial intelligence in transportation and logistics. Victoria Kickham, Senior Editor, started her career as a newspaper…...
CMA CGM Group to buy FedEx Supply Chain for $1.4 billion
1+ mon, 1+ week ago (220+ words) Move would grow CMA CGM’s contract logistics arm CEVA Logistics to operate 150 warehouses and 20,000 workers. French logistics service provider CMA CGM Group has agreed to acquire FedEx Supply Chain for $1.4 billion, saying the move would nearly triple the size of…...