Diesel prices see declines with forecasts of more ahead as OPEC continues to boost supply
Diesel prices are dropping with forecasts of more to come, in a speck of good news for shippers and carriers alike. Since hitting its 2025 high during the week ending July 21, the national average price of diesel nationwide is down 10 cents to around $3.76 a gallon according to the latest update from the […]
U.S.-bound container imports hit second-highest month on record amid tariff and seasonal pressures
The August edition of the Global Shipping Report issued by Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, highlighted the second-highest month on record for United States-bound container import volumes, for last month. This the 49th edition of the Global Shipping Report, going back to its debut in August 2021. August U.S.-bound container […]
CSX and CN sign an MOU focused on a new intermodal service into Nashville
Class I railroad carriers CSX and CN said this week that they have inked a Memorandum of Understanding (MOU) focused on the development of a new intermodal service into Nashville. The companies said that this service will give shippers what it called a “seamless, all-rail alternative for international containers” going from Canada’s West Coast gateways […]
U.S.-bound container imports are expected to see declines through year end and into 2026, reports Port Tracker
On the heels of what it described as a near-record peak over the summer, United States-bound imports are looking at steady declines over the balance of the year, driven by increasing tariffs, according to the new edition of the Global Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime […]
Market update with Matt Muenster, Chief Economist, Breakthrough
Logistics Management (LM) Group News Editor Jeff Berman recently spoke with Matt Muenster, Chief Economist for Green Bay, Wisc.-based Breakthrough, an innovator in transportation management, dedicated to creating transparent and fair strategies for the world’s leading shippers. Muenster provided Berman with an overview of trade and tariffs, the indiustrial economy, and Peak Season, among other topics. Their […]
White House calls on Supreme Court to fast-track tariff appeal amid mounting legal and trade uncertainty
Earlier this week, the White House filed a motion, calling on the Supreme Court to expedite an appeal on its behalf, following a recent ruling by the U.S. Court of Appeals for the Federal Circuit, which stated the majority of the IEEPA (International Emergency Economic Powers Act) tariffs rolled out by the White House are […]
Augment announces an $85 million Series A funding round
San Francisco-based Augment, an AI productivity platform for logistics, announced today it has brought its total capital raised to $110 million, with an $85 million Series A funding round, which was led by private equity firm Redpoint Ventures, in addition to participation from 8VC, as well as other logistics and AI investors. Augment said this capital […]
UPS rolls out peak season rates for air and ground shipments
UPS has announced its 2025 peak demand surcharges, adding new costs for businesses shipping during the holiday rush. The surcharges will take effect September 28 and run through January 17, covering the busiest stretch of the year for e-commerce and retail deliveries. According to UPS, fees will range from $0.40 to as much as $8.75 […]
Tariff uncertainty deepens as appeals court rejects IEEPA duties
Late last week, the U.S. Court of Appeals for the Federal Circuit issued a ruling, by a 7-4 margin, in which it stated the majority of the IEEPA (International Emergency Economic Powers Act) tariffs rolled out by the White House are illegal. Tariffs will remain temporarily in place until October 14, which will give the […]
U.S. ends $800 de minimis exemption, imposing duties on all low-value imports, effective August 29
Effective today, August 29, the de minimis exemption, which allows shipments under $800 sent to the United States to not be subject to tariffs, officially will be removed. That was the edict delivered in a White House executive order in late July. As previously reported by LM, the White House said that this action, which […]