Morning Minute | June 3, 2025

A significant drug trafficking seizure at the Port of Long Beach, where authorities intercepted 55 tons of dicumyl peroxide, a chemical used in methamphetamine production. This shipment, which originated in China and was destined for the Sinaloa drug cartel in Mexico, was confiscated as part of an ICE initiative launched in 2019 to target suspicious chemical precursor shipments.  The podcast also provides an update on Yellow Corp.'s asset liquidation process, noting the company has filed a motion in federal bankruptcy court to sell four of its terminals valued at $6.8 million. This action represents a further step toward winding down operations, with mostly non-logistics buyers showing interest in these property assets.  Additionally, the Trump administration's announcement of $5.4 billion available for major bridge projects across the United States is covered, including $4.9 billion for the Bridge Investment Program and an additional $500 million dedicated to rural bridge repairs. A key highlight of this program is the removal of previous Biden-era approval requirements related to climate change and environmental justice considerations, aiming to streamline the process for state and local governments involved in these critical infrastructure projects.  Finally, the episode reminds listeners about upcoming FreightWaves virtual events, including the Enterprise Summit on July 23rd and the Supply Chain AI Symposium coming up quickly on July 30th in Washington D.C.. Registration for these events can be completed by visiting live.frightwaves.com. Learn more about your ad choices. Visit megaphone.fm/adchoices