The average price for a gallon of on-highway diesel fuel hits $3.104, with prices the highest in California, according to the U.S. Energy Information Administration.
WTO anticipates strong trade growth in 2018
The World Trade Organization’s recently published forecast predicts merchandise trade volume growth of 4.4 percent this year.
Drawing the line on paper drawbacks
U.S. Customs’ rollout of automated processing is expected to widen the use of one of the oldest trade laws on the books.
TIA tips: ‘Frothy’ scene good for plugged-in brokers
The mood at the 3PL association’s annual conference was buoyant based on truckload demand, but concerns about brokers’ digital strategies floated.
Putting greenhouse gas strategy into play difficult
Container industry wants U.N. group to lead research on how to cut carbon emissions.
STB holds CSX track sale for more details
The U.S. Surface Transportation Board wants to understand the relationship between a prospective buyer of tracks in Georgia and Alabama and short-line railroad operator OmniTRAX.
Trump orders USPS review amid Amazon spat
President Donald Trump on Thursday issued an executive order creating an inter-agency task force that will be responsible for recommending reforms for pulling the U.S. Postal Service out of a tailspin that has resulted in $65 billion in losses since 2009.
Container rates continue downward spiral
Spot pricing slipped again last week on almost every major east-west trade and remains significantly below 2017 levels, a trend that could be compounded by the introduction of additional capacity during the first quarter.
No three strikes for major trade partners
While no country met all three criteria to be designated a currency manipulator, Treasury does identify six nations subject to monitoring of economic trends and foreign exchange policies.
FAA airs bill supporting technologies, infrastructure
The House Transportation and Infrastructure Committee on Friday introduced legislation to reauthorize the programs of the Federal Aviation Administration.