The U.S. Postal Service late Tuesday temporarily suspended acceptance of inbound parcels from China and Hong Kong, according to a service bulletin on the agency’s website. No explanation for the cut off was given and a spokesperson declined to provide…
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Freight Waves
ONE, LX Pantos in Boxlinks venture for US domestic intermodal
Liner operator Ocean Network Express (ONE) and South Korean forwarder LX Pantos announced a joint venture, Boxlinks, a new player offering end-to-end U.S. domestic intermodal transportation services. The joint venture will manage ONE’s inland-to-coastal domestic transport needs through a Domestic…
Georgia-based RSTZ, with operations also in New England, files for bankruptcy protection
A Georgia-based carrier which also has deep roots in Massachusetts and which has been in business since 2017 has filed for Chapter 11 bankruptcy protection. RSTZ Transport Inc., based in Cumming, filed Friday in the U.S. Bankruptcy Court for the…
Pricing index logs fastest growth rate since freight recession began
Transportation prices jumped in January, according to a monthly survey of supply chain managers. The Logistics Managers’ Index released Tuesday showed sentiment around transportation rates was at the highest level since April 2022 – the start of the freight recession.…
Check Call: 3PLs’ role in preparing for tariffs
(GIF: GIPHY) A tumultuous weekend, with 25% tariffs promised to go into effect Tuesday with top U.S. trading partners Mexico, Canada and China, has only slightly calmed down after Mexico and Canada were able to put a pause on tariffs…
What should forwarders look for in TMS software?
Implementing a top-tier forwarder transportation management system can significantly enhance any freight forwarder’s logistics operations, from small businesses to large multinational operations. Choosing a scalable, modular TMS that can meet the specific needs of each client is crucial, and Descartes…
CSX reopens part of hurricane-damaged rail line to world’s top quartz supplier
Freight cars are once again rolling though the western North Carolina town of Spruce Pine after CSX Transportation crews reopened about 2 miles of its Clinchfield Railroad route north of Spruce Pine, gaining access to a local freight customer. CSX…
Amazon Freight Partner paves way for more inclusive trucking industry
The trucking industry offers a wealth of opportunities for hopeful small business owners to launch their own companies while simultaneously making a difference and creating meaningful jobs within their communities. Breaking into the industry, however, can involve high start-up costs…
Air cargo industry jolted by Trump tariffs on Chinese e-commerce
President Donald Trump’s weekend order eliminating a duty-free exemption for low-value e-commerce shipments from China, Mexico and Canada could upend business models for many companies engaged in international trade, but stakeholders say the air cargo sector could take the biggest…
Auto Hauler Exchange secures $5M Series A, bullish on FreightTech marketplace
FreightTech could contribute to a digital transformation in vehicle logistics, and Rochester, Michigan-based Auto Hauler Exchange (AHX) and its investors are betting on it. The company announced Tuesday it has raised $5 million in Series A funding led by MHS…