Diesel price increases have an impact on US-Mexico import rates. On Thursday, the price of diesel gasoline in the United States reached an all-time high of $5.55 per gallon, a rise of about 20 cents from just a week ago and 51 cents more than prices in April. While carriers...
The FMCSA has added three products to its pandemic waiver, which is set to expire in a few weeks.
The Federal Motor Carrier Safety Administration has made a minor change to the pandemic-related Hours of Service waiver, just eight days before it is slated to expire. The FMCSA announced a revision on Friday that adds the carriage of propane, natural gas, and heating oil to the list of items...
XPO is considering selling its freight forwarding business.
According to a published story that was independently validated, XPO Logistics Inc. is considering selling its North American freight forwarding operation in a transaction for $400 million to $600 million. Bloomberg broke the story late on Friday. FreightWaves later acquired confirmation from sources close to the situation. The freight forwarding...