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CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.
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XPO Logistics has eliminated about 190 non-sales positions in its less-than-truckload business, which it acquired when the company bought Con-way Inc. last year.
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More than 1,000 longshoremen walked off the job at New York and New Jersey ports on Friday morning, Jan. 29, effectively shutting down the terminals in a port system that receives nearly 30 percent of all cargo on the East Coast.
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Overall U.S. economic activity eased back on the gas considerably in the final quarter of last year while it expanded in 2015 at the same pace as the year before.
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The value of trans-border freight movements between the U.S. and its neighbors took a steep decline, according to new U.S. Transportation Department numbers, while Canada regained its historical rank as top North America trade partner after falling behind Mexico.
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The asset-light trucking and logistics provider Landstar Thursday reported a decline in its fourth quarter profit, but it was higher than expected, and the company also improved its annual performance.
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The year now unfolding will be one of “stability for trucking,” contends Transport Capital Partners, given the results of the consultancy’s Q4 survey of motor carrier executives.
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A Nevada trucking company has been refused a retrial stemming from a fatal 2011 accident in which an Amtrak train was struck by a truck along U.S. 95, causing the deaths of 6 people, including the trucker.
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Fleets spent $107 billion on parts and service in 2015, according to John Blodgett, vice president of sales and marketing for MacKay & Co.
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New orders for long-lasting durable goods plunged in December while shipments also fell, according to an advance report on Thursday from the U.S. Commerce Department, following a decision by the Federal Reserve to not raise a key interest rate.
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UPDATED -- Net income for two trucking and logistics companies experienced pullbacks in the fourth quarter of the year, according to earnings reports released Wednesday.
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