Echo Global Logistics will keep its B3 corporate family rating with a stable outlook at Moody’s, a verdict that essentially says the Chicago-based 3PL can ride out today’s choppy trucking market—but with limited room for error. Moody’s also affirmed the company’s senior secured bank facilities at B2 and maintained the…
The nation’s busiest container gateway is mapping out a brand-new terminal built for the era of ultra-large ships. The Port of Los Angeles has invited proposals for a public‑private pre‑development agreement on “Pier 500,” a 200‑acre, two‑berth container complex planned along the Pier 400 Channel at the southern tip of…
What changed this week On September 30, 2025, the Treasury Department and IRS released interim guidance on the Corporate Alternative Minimum Tax (CAMT) that effectively excludes “paper” gains and losses on digital assets from the CAMT calculation. In plain English: large corporations won’t owe the 15% CAMT just because the…
National Overview — Friday, October 3, 2025 A strong fall storm is moving into the West, bringing showers, gusty winds, and high-elevation snow to the Intermountain West and northern Rockies. Farther east, a broad ridge keeps the Plains, Midwest, and Great Lakes unusually warm. Along Florida’s east coast, persistent onshore…
Trucking’s newest productivity story isn’t just about robots or driverless rigs. It’s about something more mundane — the absence of ringing phones. As FreightWaves reports, fleets and brokers that wire together their TMS, telematics, facility scheduling and document workflows are slashing routine “check calls” and manual status updates by a…
Echo Global Logistics has avoided a downgrade in a soft freight cycle, with Moody’s keeping the company’s corporate family rating at B3 and a stable outlook this week. The affirmation underscores that Echo’s balance sheet and liquidity are holding up even as brokerage margins face pressure from muted volumes and…
FMCSA SAYS OPERATIONS CONTINUE DESPITE FEDERAL GOVERNMENT SHUTDOWN DOT’s shutdown plan keeps most FMCSA functions running because they’re funded via the Highway Trust Fund, minimizing near-term disruption to carrier compliance and enforcement activities. FEDERAL MARITIME COMMISSION SUSPENDS OPERATIONS; FILINGS AND DEADLINES TOLLED Amid the funding lapse, the FMC shut down…
Expedited specialists C&M Transport and Barrett Directline are joining forces, with Rogers, Arkansas-based Barrett set to become a wholly owned subsidiary of Ohio-headquartered C&M. The companies said Barrett will shift under the C&M banner on Nov. 1, with financial terms undisclosed. Why it matters: This is a capacity aggregation play…
DoorDash is moving beyond being a delivery marketplace and into operating fulfillment for retailers, converting its network of more than 100 DashMart locations into mini distribution nodes that handle inventory, pick-and-pack, and delivery. The company’s new DashMart Fulfillment Services went live this week with CVS Pharmacy and Party City, with…
Owner-operators looking to endure a still-tough freight cycle are hearing a consistent message from ATBS: get surgical about costs, obsess over utilization, and be choosy about freight. In a wide-ranging discussion highlighted by FreightWaves, ATBS stresses fundamentals—know your true cost per mile, secure 100% fuel-surcharge pass-throughs where possible, trim deadhead,…
