News
Capitol Christmas Tree Arrives in Washington From Alaska
A massive spruce from an Alaskan forest, chosen to be the Capitol Christmas Tree, arrived in Washington on a new flatbed trailer, accompanied by two veteran truckers from Lynden Transport.
Honoring contracts puts brokers in position to take advantage of the spot market
When Doug Waggoner became the CEO of Echo Global Logistics in 2006, the company was a small startup with just 30 employees. Today, Echo is an industry leader, employing nearly 3,000 people and working with over 50,000…
Federal Reserve Officials Signal Cautious Path for Rate Cuts
WASHINGTON — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves.
Trump tariffs would put cross-border rail traffic in the crosshairs
This story originally appeared on Trains.com. President-elect Donald Trump’s plans to impose 25% tariffs on goods imported from Mexico and Canada could have a chilling impact on cross-border rail traffic, which has been one…
Port of LA-Long Beach railroad wins grant for electric locomotives
Pacific Harbor Line (PHL) — together with the California Air Resources Board (CARB) — has received partial funding for five zero-emission locomotives. The funding for the acquisition will be provided through a U.S. Department…
CargoNet warns of increased cargo theft risk during Thanksgiving holiday
The risk of cargo theft is expected to increase during Thanksgiving, according to CargoNet, which urges transportation companies to be vigilant during the holiday. The cargo theft prevention company, which manages an…
Purolator replacing 70-year-old freighters in Canada with ATR72-500
Purolator Inc., Canada’s largest integrated parcel carrier, will upgrade its British Columbia feeder network by replacing three aging Convair freighter aircraft with three ATR72-500 turboprop freighters to be operated by…
Citigroup: Trump Tariffs to Drive Up Aluminum, Steel Prices
President-elect Donald Trump’s plan to impose 25% tariffs on all goods from Canada and Mexico will push up steel and aluminum prices across the U.S., according to Citigroup analysts.
OneRail secures $42 million to solve last-mile delivery problems
Last-mile solutions provider OneRail has raised $42 million in venture capital backing for product development and to expand its team. The Series C funding round was led by Los Angeles-based Aliment Capital. The venture raise…
Trafficker implicates long-haul truckers in drug cartel case
A drug trafficker connected to a violent Mexican cartel told prosecutors that long-haul truck drivers supported the operation by transporting narcotics and cash into and out of the U.S. Oralia Rodriguez Flores pleaded guilty…
