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Borderlands Mexico: Texas cargo theft falls, but organized crime grows

Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas cargo theft falls, but organized crime grows; DP World taps Terry Donohoe to lead Mexico operations; and BNSF boosting capacity, efficiency at Winslow rail hub in Arizona. Texas cargo theft falls, but organized crime… Continue reading Borderlands Mexico: Texas cargo theft falls, but organized crime grows

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Norfolk Southern earnings slip as winter weather impacts rail volume

Norfolk Southern reported slightly lower first-quarter earnings on Friday morning as harsh winter weather took a toll on volume in February and fuel prices jumped in March. “Working together, we successfully navigated another challenging winter with weather events that affected most of our territory, putting real pressure on the network and our volumes in the… Continue reading Norfolk Southern earnings slip as winter weather impacts rail volume

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Record operating income, revenue for Union Pacific in Q1

Union Pacific reported record first-quarter financial results despite carrying slightly less freight than a year ago. “We had a strong first quarter and start to the year. Our network is running well, and we are delivering on commitments to our customers,” Chief Executive Jim Vena said on the railroad’s Thursday morning earnings call. “When you… Continue reading Record operating income, revenue for Union Pacific in Q1

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Closing the multi-mode pricing gap: TL and IMDL benchmarks, now in DAT iQ

Multi-modal freight is a fact of life for most mid-to-large brokers. A shipper calls with a lane. You need to know whether truckload or intermodal makes more sense on price, on timing, on capacity. You pull TL rates from RateView. Then you pull IMDL rates from somewhere else. Then you try to reconcile two different… Continue reading Closing the multi-mode pricing gap: TL and IMDL benchmarks, now in DAT iQ

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Small fleets, brokers drive new wave of trucking bankruptcies

A dozen small trucking and logistics companies across the U.S. have filed for bankruptcy protection in mid to late-April, highlighting continued financial pressure on carriers and brokers navigating choppy freight demand, tight margins and elevated operating costs. Leading the latest filings is Bound Logistics LLC, a New Jersey-based carrier operating 57 trucks with 57 drivers,… Continue reading Small fleets, brokers drive new wave of trucking bankruptcies

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