CMA CGM is set to acquire FedEx Supply Chain for $1.4 billion, significantly expanding the French carrier’s contract-logistics presence in the United States. The transaction will bring approximately 34 million square feet of warehouse capacity, 10,000 employees, and an established North American distribution network into CEVA Logistics, CMA CGM’s logistics
Transpacific ocean spot rates are climbing fast as shippers frontload cargo ahead of July surcharge increases, manufacturer price moves, and an approaching U.S. tariff deadline. According to Freightos, Asia–U.S. West Coast rates reached $6,200 per FEU as of July 4, up 120% since mid-May. Asia–U.S. East Coast rates hit $8,000
The U.S. Department of Energy is moving early to reduce long-lead risk in nuclear construction, earmarking $17.5 billion in low-interest loans for front-end procurement across five planned reactor projects. The funding is intended to help utilities and Westinghouse-backed special purpose vehicles secure major AP1000 components before construction begins, including reactor
U.S. enforcement against foreign commercial drivers is expanding, with Mexico’s National Chamber of Freight Transportation reporting that roughly 20,000 Mexican truck drivers had work visas revoked between April 2025 and April 2026. The actions are tied to tighter scrutiny of cabotage rules, which restrict foreign drivers from hauling freight between
The United States and Iran have reportedly reached a memorandum of understanding to end the conflict and reopen the Strait of Hormuz, a critical corridor for global energy and chemical supply chains. The agreement, expected to be signed June 19, would suspend sanctions on Iranian oil, release frozen Iranian assets,
TLC is heading to Specialty & Agro Chemicals America in Savannah, Georgia, where chemical manufacturers, suppliers, and service partners come together to talk shop, compare notes, and keep the industry moving forward. Visit The Logistix Company at booth 732 to connect with our team and talk through the freight realities
Ocean carriers are moving into peak season with sharper pricing, new surcharges, and renewed confidence after months of uneven demand. CMA CGM announced a $2,600 surcharge on 40- and 45-foot dry containers moving from the East Mediterranean to U.S. East Coast ports, effective July 1. The affected origins include Turkey,
The U.S. and Taiwan have finalized a trade and investment agreement capping certain Section 232 tariffs on specified Taiwan imports at 15%. The measure applies to qualifying auto parts for passenger vehicles and light trucks, timber, lumber and related wood products, plus select non-military aircraft components containing steel, aluminum or
Truckload spot rates have reportedly reached all-time highs at $3.73 per mile, as the market absorbs a landmark U.S. Supreme Court ruling in Montgomery v. Caribe Transport II. The decision allows state-law negligent hiring claims against freight brokers, increasing scrutiny around how brokers vet carriers before assigning freight. The ruling lands
