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🎣 Chicago Takes the Crown
Plus: Brokers return, Hormuz spikes rates, LTL stays stuck in a tough year, and more.
1048 articles
(Page 76)
EV
Volvo, Mack Recall Electric Trucks Amid Fire Risks
Almost all electric trucks made by Volvo and Mack in the past four years are being recalled due to potential battery fire risks.
Freight Market
Freight Recession Drives Thousands of Truck Drivers Out
With reduced earnings and increased layoffs, truck drivers are leaving supply chain jobs amidst a harsh freight recession.
Manufacturing
Global Manufacturing Activity Struggles in July 2023
S&P Global's manufacturing activity index reflects slow global growth in July 2023, with significant contraction in Europe and relative stability in the Americas.
Rail
AAR Reports Mixed July 2023 Rail Volumes
AAR's report on mixed rail volumes for July 2023 offers insights into the complex economic trends in the U.S., reflecting both optimism and caution.
LTL
Yellow Trucking Files for Bankruptcy, Closes Doors
Yellow, the 99-year-old trucking company, files for bankruptcy and will close, affecting 30,000 jobs and leading to the liquidation of its assets.
LTL
Yellow Corp. Faces WARN Act Class-Action Suit
Class-action suit targets Yellow Corp. for violating WARN Act through abrupt layoffs. Seeks damages for employees across all subsidiaries.
Freight Market
Q2 Earnings: Financial Highlights From Around the Industry
Dive into Q2 financial updates from the industry. Discover key earning reports from Schneider, RXO, Uber Freight, Amazon, and TFI.
Trucking
Taylor Swift Rewards Eras Tour Truckers with $5M in Bonuses
Pop superstar Taylor Swift reportedly gives $5M in bonuses to her tour truck drivers, with more undisclosed amounts for other crew members.
LTL
Yellow Logistics Layoffs Amid Possible Bankruptcy
Large-scale layoffs hit Yellow Logistics employees amidst rumors of impending bankruptcy. A potential lifeline from Apollo is being discussed.
Trucking
Schneider National Acquires M&M Transport Services
Schneider National's acquisition of M&M Transport bolsters their fleet and positions them towards achieving $1.5 billion in annual revenues.
Freight Tech
Tesla Seeks $100M for TX-CA Semi-Truck Charging Route
Tesla proposes to build a $100M charging network for electric semi-trucks, seeking nearly $97M in federal grants and contributing $24M itself.
Trucking
UPS Teamsters Endorse $30bn Contract
UPS Teamsters vote overwhelmingly in favor of a tentative five-year, $30 billion agreement, promising significant wage hikes and benefits.