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Breaking: Postmaster General Louis DeJoy announces sudden departure

U.S. Postmaster General Louis DeJoy on Monday announced he was stepping down immediately, getting ahead of what several media accounts from Washington said was a possible ouster by President Donald Trump with intent to assert greater control over the Postal Service.

Critics say DeJoy’s departure is the opening shot in a hostile takeover of the Postal Service by the Trump administration. 

“Make no mistake, the postmaster general was forced out by a White House intent on breaking up and selling off...

https://www.freightwaves.com/news/breaking-postmaster-general-louis-dejoy-announces-sudden-departure

Report: Top-secret US plans to attack Houthis accidentally shared with journalist

A top-secret group chat of U.S. officials discussing plans for military strikes aimed at reopening shipping in the Red Sea inadvertently included a journalist, according to a new report.

Details of the March 15 attacks against Houthis in Yemen were discussed in a group chat on the open-source, encrypted messaging platform Signal led by Vice President JD Vance and Secretary of Defense Pete Hegseth. Jeffrey Goldberg, editor in chief of The Atlantic, reported that he was accidentally included in...

https://www.freightwaves.com/news/report-top-secret-us-plans-to-attack-houthis-accidentally-shared-with-journalist

NTSB faults Maryland in Key Bridge collapse, warns dozens of other bridges at risk

The National Transportation Safety Board said a proper risk assessment by the state of Maryland may have avoided the deadly Key Bridge collapse in 2024, and the agency warned that dozens of other bridges are at similar risk throughout the United States.

The warning comes as part of the NTSB’s ongoing investigation into the March 2024 allision of the containership Dali with the Francis Scott Key Bridge in Baltimore, which killed six road workers.

In a new report, the NTSB said it conducted a...

https://www.freightwaves.com/news/ntsb-faults-maryland-in-key-bridge-collapse-warns-dozens-of-other-bridges-at-risk

Punitive damages in huge Wabash judgment slashed but still over $100M

A court in Missouri rejected a wide variety of requests from trailer builder Wabash National arising from the lawsuit that led to one of the biggest nuclear verdicts ever in trucking and equipment, but the company did win a huge reduction in punitive damages.

The $450 million in punitive damages was slashed to $108 million by Judge Christoper McGraugh of the 22nd Judicial Circuit Court of Missouri in a decision handed down last week. 

But on virtually every other request made by Wabash regarding...

https://www.freightwaves.com/news/punitive-damages-in-huge-wabash-judgment-slashed-but-still-over-100m

Trucking company owner gets almost 4 years in prison for lying to FMCSA

A Rochester, New York-based truck company owner has been sentenced to federal prison for 45 months after being convicted of making false statements to the Federal Motor Carrier Safety Administration.

Anatoliy Kirik, also known as Tony, was convicted by a jury in June in the U.S. District Court for the Western District of New York.

“At trial, it was shown that Kirik’s actions jeopardized the safety of the nation’s highways and roadways from unsafe tractor trailers,” the office of U.S. Attorney...

https://www.freightwaves.com/news/trucking-company-owner-gets-almost-4-years-in-prison-for-lying-to-fmcsa

Thousands of Teamsters rail workers ratify new national contract

In a significant win for rail workers across the United States, over 8,700 members of the Brotherhood of Maintenance of Way Employes Division (BMWED) of the Teamsters Rail Conference have voted to approve a new contract with the National Carriers’ Conference Committee (NCCC).

The agreement covers workers from more than 20 railroads who bargained collectively through the NCCC. They include welders, track inspectors and electricians.

BMWED President Tony Cardwell in a release emphasized the broad...

https://www.freightwaves.com/news/thousands-of-teamsters-rail-workers-ratify-new-national-contract

Borderlands México: los aranceles podrían llevar a México a la recesión, según el informe

Borderlands es un resumen semanal de desarrollos en el mundo del transporte y el comercio transfronterizo de los Estados Unidos-México. Esta semana en Borderlands: los aranceles podrían llevar a México a la recesión, dice el informe; Echo Global Logistics amplía las operaciones en México; Americold adquiere instalaciones de logística cerca de Houston; y GM acepta […]

Esta entrada Borderlands México: los aranceles podrían llevar a México a la recesión, según el informe Aparece primero en FullAvant...

https://fullavantenews.com/borderlands-mexico-los-aranceles-podrian-llevar-a-mexico-a-la-recesion-segun-el-informe/?lang=es

La línea de transporte más grande de China ve ganancias impresionantes en los ingresos, ganancias

La línea de envío de contenedores más grande de China vio ganancias masivas en ingresos y ganancias en 2024. Cosco Shipping Holdings reportó ingresos operativos de $ 33.29 mil millones en 2024, un aumento del 33.29% respecto al año anterior. El cuarto transportista de contenedores más grande del...

https://fullavantenews.com/la-linea-de-transporte-mas-grande-de-china-ve-ganancias-impresionantes-en-los-ingresos-ganancias/?lang=es

Borderlands Mexico: Tariffs could lead Mexico into recession, report says

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands: Tariffs could lead Mexico into recession, report says; Echo Global Logistics expands operations in Mexico; Americold acquires logistics facility near Houston; and GM agrees to 10.25% wage increase at Mexican plant.

Tariffs could lead Mexico into recession, report says

Mexico’s economy could be the most affected by an escalating global trade war, leading...

https://www.freightwaves.com/news/borderlands-mexico-tariffs-could-lead-mexico-into-recession-report-says

China’s largest shipping line sees stunning gains in revenue, profits

China’s largest container shipping line saw massive gains in revenue and profits in 2024. 

Cosco Shipping Holdings reported operating revenue of $33.29 billion in 2024, an increase of 33.29% from the previous year.

The world’s fourth-largest container carrier (OTC: CICOF) said earnings before interest and taxes (EBIT) totaled $9.79 billion, an increase of 90.74% year over year. 

Net profit soared by 95% to $7.75 billion, while net profit attributable to shareholders was $6.87 billion, an increase...

https://www.freightwaves.com/news/chinas-largest-shipping-line-sees-stunning-gains-in-revenue-profits

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