The national average price per gallon of diesel gasoline fell for the fourth consecutive week, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). With a 2.0-cent decline, the national average came in at $3.514, following a 4.5-cent decline, to $3.534, for the week of April 21, a 6.0-cent decline, … Read more

Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: the state of the freight economy, tariffs and the trade war, trucking capacity, and AI, among others. Their conversation follows below.  LM: How do you view the ongoing situation regarding tariffs and global trade, in terms … Read more

Spot truckload volumes and rates were mixed in March, according to the new edition of the DAT Truckload Index, which was issued today by DAT Freight and Analytics. The DAT Truckload Volume Index reflects the change in the number of loads with a pickup date during that month, with the actual index number normalized each month … Read more

In an Executive order issued yesterday, President Trump again increased tariffs on United States-bound imports from China. The rationale for the increase, as noted in the Executive Order, is due to retaliatory actions taken by China in response to tariffs placed on it by the U.S. “China faces up to a 245% tariff on imports … Read more

Smartphones, computers, and other electronics will be spared from the steep tariffs President Donald Trump announced earlier this month, U.S. Customs and Border Protection said in guidance released late Friday night. The move comes after concerns from Apple and other tech companies that rely on China to manufacture their products. Trump’s 145% tariff on Chinese imports sparked fears that prices for phones and … Read more

A report recently issued by industrial real estate firm Colliers examined various factors related to how various factors are currently impacting North American big-box industrial space. The report, entitled “North American Big Box Industrial Overview,” observed that going back to 2020, the largest North American markets for big box industrial space—which includes modern distribution and … Read more

United States March rail carload and intermodal volumes saw annual gains, according to the new edition of the “Rail Industry Overview (RIO),” which was recently published by the Washington, D.C.-based Association of American Railroads (AAR). This free publication is issued monthly by the AAR and provides insights from AAR’s economists, regarding what rail traffic is … Read more

While it’s uncertain what effect geopolitical events and President Trump’s tariff scheme will have on the air cargo this year, 2024 saw the industry flying high with air cargo demand outpacing capacity worldwide. Willie Walsh, director general of the International Air Transport Association (IATA): “It was a year of profitable growth. Air cargo was the … Read more

The freight world was thrust into turmoil over President Donald Trump’s 10% tariffs on freight transportation across both the Canadian and Mexican borders and as high as 35% on China and other countries. It’s 10%, that is, except for auto parts, which got a 25% tariff. And then there are entire industries employing small armies … Read more

Growth in the services sector remained intact in March, for the ninth consecutive month, according to the new edition of the Services ISM Report on Business, which was released today by the Institute for Supply Management (ISM). The March Services PMI, at 50.8 (a reading of 50 or higher signals growth) fell 2.7% compared to … Read more