Bank of America Index Shows High Costs Low Volumes in US Logistics

Bank of America Index Shows High Costs Low Volumes in US Logistics

The Bank of America Freight Payment Index indicates a decrease in freight volumes during the fourth quarter, while freight spending reached a record high. Driver shortages, rising fuel prices, and ongoing supply chain challenges are key contributing factors. Regional performance varied, with the Western region experiencing the largest increase in spending. To navigate these challenges, businesses need to optimize their supply chains, strengthen collaboration, diversify transportation options, and embrace digital transformation. These strategies are crucial for mitigating the impact of rising costs and ensuring efficient freight operations in the current economic climate.

Green Logistics Gains Traction As Sustainability Boosts Market Growth

Green Logistics Gains Traction As Sustainability Boosts Market Growth

Logistics companies must undergo a green transformation to remain competitive and contribute to the future. This paper explores the stark reality of carbon emissions in the logistics industry, analyzes the application of carbon offsetting in freight trucking, and provides practical recommendations for companies to achieve carbon-neutral transportation. It emphasizes the importance of selecting suitable partners and highlights the critical role of green transformation in enabling companies to win future markets. Embracing sustainability is no longer optional, but a necessity for long-term success in the evolving landscape of logistics.

TFI International Acquires DD Sexton to Expand Cold Chain Operations

TFI International Acquires DD Sexton to Expand Cold Chain Operations

TFI International's acquisition of D&D Sexton accelerates its expansion in cold chain logistics. This acquisition aims to broaden the cold chain network, enhance technological capabilities, optimize operational processes, and strengthen partnerships. The cold chain logistics market holds significant potential but faces challenges such as high costs, technical demands, and spoilage rates. TFI International's strategy is expected to drive industry progress and provide consumers with higher-quality cold chain services. This move signifies TFI's commitment to investing in and improving the efficiency and reliability of temperature-controlled transportation.

01/22/2026 Logistics
Read More
Guide to Borroloola Airport BOX Operations and Services

Guide to Borroloola Airport BOX Operations and Services

This article provides an in-depth overview of Borroloola Airport in Australia, detailing its IATA code (BOX) and ICAO code (YBRL), along with key information such as its elevation and geographical coordinates. It highlights the airport's vital role in connecting remote communities, providing passenger and freight services, and supporting emergency medical services and tourism development. The article also offers information on transportation options to the airport and recommendations for nearby tourist attractions. It serves as a comprehensive guide to understanding the significance of Borroloola Airport in the Australian Outback.

Trucking Industry Calls for Infrastructure Funding to Cut Congestion Costs

Trucking Industry Calls for Infrastructure Funding to Cut Congestion Costs

The American Trucking Associations (ATA) has launched an advocacy campaign urging Congress to increase infrastructure investment to address traffic congestion and economic losses caused by aging roads and bridges. The ATA proposes raising the fuel tax to provide a sustainable funding source for the Highway Trust Fund. They are calling on the public to pressure their congressional representatives to support infrastructure development. The initiative highlights the urgency of modernizing America's transportation network to improve efficiency and boost the economy by reducing delays and ensuring the safe movement of goods.

US Rail Freight Carloads Rise Intermodal Falls in Latest AAR Report

US Rail Freight Carloads Rise Intermodal Falls in Latest AAR Report

The latest report from the Association of American Railroads (AAR) indicates a slight increase of 0.6% in U.S. rail carloads for the week ending August 23rd. However, internal dynamics show a divergence, with intermodal traffic decreasing by 1.9% year-over-year. Overall, rail freight volume remains positive year-to-date. The report highlights the impact of consumer demand, supply chain adjustments, and energy transition on rail freight, reflecting the complex dynamics of the U.S. economy. This data provides insights into the current economic landscape and its influence on transportation patterns.

01/22/2026 Logistics
Read More
STB Probes BNSF Acquisition Costs in Rail Rate Fairness Review

STB Probes BNSF Acquisition Costs in Rail Rate Fairness Review

The U.S. Surface Transportation Board (STB) held hearings regarding Berkshire Hathaway's acquisition of BNSF Railway, focusing on the impact of the acquisition premium on rail freight rates. Shippers expressed concerns that the premium would be passed on to freight rates, while BNSF argued the impact would be minimal. Experts pointed out that BNSF is the only railroad allowed to value its assets at market prices, which differentiates its cost basis from other companies. The debate centers around whether this unique accounting practice allows BNSF to justify higher rates compared to its peers.

Uship Launches Realtime LTL Freight Pricing Platform

Uship Launches Realtime LTL Freight Pricing Platform

uShip has launched an instant pricing marketplace for LTL freight, connecting small and medium-sized shippers with carriers. This platform enables dynamic pricing and direct connection, reducing transaction costs and improving transparency and efficiency. Shippers benefit from more competitive rates, increased flexibility, and quality service. Carriers can optimize profit margins and expand their customer base. The marketplace has already partnered with 16 carriers and may expand to other transportation modes in the future. This initiative aims to streamline LTL shipping and offer better solutions for both shippers and carriers.

01/21/2026 Logistics
Read More
Minangkabau Airport Boosts West Sumatra's Regional Connectivity

Minangkabau Airport Boosts West Sumatra's Regional Connectivity

Padang Minangkabau International Airport is a significant international airport located in Padang City, West Sumatra, Indonesia. Built in 2001 and opened in 2005, the airport covers an area of 427 hectares and has a runway capable of accommodating large aircraft. As Indonesia's second-largest airport, it serves approximately 1.3 million passengers annually, primarily focusing on flights within Southeast Asia. This airport provides essential support to the local economic development.

07/29/2025 Logistics
Read More