Merx Global

National diesel average falls for second week in a row, reports EIA

Following a decline for the first time in 16 weeks a week ago, the national average price per gallon of diesel gasoline fell again this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA). With a 20.5-cent decline, the national average came in at $5.403, for the week of April […]

U.S.-bound imports fall in March, for seventh consecutive month, reports S&P Global Market Intelligence

United States-bound containerized freight imports saw a slight annual decline in March, according to data recently issued by S&P Global Market Intelligence. March imports, at 2.46 million TEU (Twenty-Foot Equivalent Units), fell 0.5% annually, marking the seventh consecutive month of annual declines, while topping February’s 2.19 million TEU (which was down 5.2% annually), January’s 2.42 […]

Refund process for IEEPA tariffs is set to go live April 20

Companies that paid tariffs later ruled unlawful under the International Emergency Economic Powers Act (IEEPA) will be able to start filing refund claims April 20, according to U.S. Customs and Border Protection. CBP said it is launching a new electronic tool called CAPE, the Consolidated Administration and Processing of Entries, that lets importers submit claims directly through the […]

Echo Global Logistics expands EchoChill network with new Sacramento cold storage facility

Earlier this week, Chicago-based third-party logistics and technology-enabled transportation services provider Echo Global Logistics said it has expanded its consolidated refrigerated LTL (Less-than-Truckload) service offering, entitled EchoChill, through the addition of a new Sacramento, California-based storage cooler facility. The company said that this facility will enable Pacific Northwest-, northern California-, and upper mountain-based states to be […]

UPS rolls out nationwide RFID package sensing to deliver real-time visibility and smarter logistics

Earlier this week, Atlanta-based freight transportation and logistics services provider UPS announced it is implementing radio frequency identification (RFID) package sensing throughout its United States small package network, which it said, “will bring unprecedented visibility and reliability to customers of all sizes.” UPS said it is using RFID sensing technology in its package delivery vehicles […]

Modex 2026 gets underway with packed halls and new tech, big announcement

The Georgia World Congress Center came alive Monday morning as Modex 2026 exhibitors put the finishing touches on their booths and attendees began streaming onto the show floor. By mid-morning, the halls were already buzzing with activity, setting the tone for a busy week of equipment demos, new technology and face-to-face interactions. Then, show producer […]

Union Pacific and Norfolk Southern address revised merger application at NEARS

Following a unanimous decision in January by the Surface Transportation Board, which rejected the application merger submitted by Union Pacific (UP) for a proposed $85 billion merger between UP and Norfolk Southern (NS), a revised application is expected to be submitted to the STB by April 30. The revised merger application was a key theme […]

Same old story for shippers, asked to recover from steep fuel surcharges again

Like a roller coaster, worldwide prices for diesel and gasoline continue to set records in the first oil crisis because of the U.S.-Israeli war in Iran. U.S. diesel prices—the fuel used for most freight and delivery trucks — is going for an average of $5.64 a gallon nationally in April. That’s up from about $3.76 a […]

project44 announces acquisition of LunaPath.ai

Chicago-based project44, a provider of supply chain visibility services, announced today it has acquired LunaPath.ai, an AI-native logistics automation company, specializing in orchestration and execution-focused agents. A purchase price was not provided for this all-cash transaction. Also based in Chicago, LunaPath serves as an execution layer for modern supply chains, noted project44. The company has more than […]

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