🚚 Old Dominion Sees Revenue Drop Amid Economic Softness in Q3 2025Read post
- Old Dominion Freight Line reported a 4.8% decrease in daily revenue for August 2025, compared to the previous year, citing a decline in LTL tons per day.
- Despite volume declines, the company experienced an increase in LTL revenue per hundredweight, showcasing operational resilience amid economic challenges.
- CEO Marty Freeman expressed confidence in the company's capacity to capture market share and improve shareholder value once demand conditions improve.
🚨 Logistics Firm Fracht Faces Compliance MeasuresRead post
- Fracht Group, a US-based freight forwarder in Houston, fined $1.6 million by OFAC for breaching US sanctions.
- Sanction breaches underline the critical nature of compliance in logistics and freight forwarding sectors.
- Fracht is required to hire 9 compliance staff to strengthen adherence to regulations.
🚚 Embracing Autonomous Trucking: Key to Future LogisticsRead post
- Autonomous trucking in the U.S. could reach 13% by 2035, surpassing China's adoption rate, with the market expanding to $1.5 trillion by 2034.
- Implementation depends heavily on public acceptance despite progressing federal frameworks like the America Drives Act.
- Strong OEM partnerships and harnessing real-time data for safety validation and insurance are critical for industry confidence and cost reduction.
⚖️ U.S. Threatens Tariffs to Block Global Shipping Carbon TaxRead post
- The U.S. is opposing a proposed global carbon pricing plan for the shipping industry, threatening tariffs and other retaliatory measures against supporting countries.
- The Trump administration claims the carbon pricing scheme would disadvantage American businesses and increase consumer costs.
- Experts warn that the U.S. stance could lead to fragmented international regulations and shifts in policy positions.
✈️ Delta Cargo and SGL Join Forces for Defence and Aid LogisticsRead post
- Delta Cargo partners with Scan Global Logistics to support the Civil Reserve Air Fleet (CRAF), boosting defence and humanitarian supply chains.
- Partnership strengthens Delta's commitment to the US Transportation Command with agile logistics solutions.
- SGL brings decades of experience working with UN, NATO, and other defence and aid entities worldwide.