Plus, FedEx and UPS harness AI in logistics, South America's trade scene challenges Panama Canal's constraints, and Estes navigates a disruptive cyberattack.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
Former driver for mail contractor Ameritrans Express claims the company owes him over $15,000 in back wages, amid bankruptcy.
Ameritrans Express, a contract delivery firm for the U.S. Postal Service, is under investigation by federal and state agencies over claims of unpaid wages and overtime. The accusations come from former employee Dustin Paxson, who alleges he is owed over $15,000. The situation is complicated by Ameritrans' recent filing for Chapter 11 bankruptcy, raising concerns about if and when the debts will be repaid.
Source: FreightWaves
A former driver for Ameritrans Express says he is owed more than $15,000 in back wages, overtime and mileage reimbursement. He says he and other former Ameritrans drivers are concerned about whether they will get their money after it filed for Chapter 11.https://t.co/HibM8YEuCZ
— FreightWaves (@FreightWaves) July 5, 2023
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.
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