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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 77)
LTL
Q2 Woes for TFI and Heartland Express
Q2 results for TFI and Heartland Express show weaker financial performance, but both firms eye potential future operational improvements.
Diesel
Diesel Price Hits $4.127 Amid Surge
The national average diesel price sees a dramatic increase, soaring by 22.2 cents to hit $4.127 per gallon.
LTL
Yellow Corp. Shuts Down; What's Next?
Yellow Corp. shuts down after years of financial struggles. This move could lead to higher rates and benefits for rival carriers.
LTL
Yellow Corp. Shuts Down, 30K Jobs Lost
Yellow Corp. ends its century-long service, resulting in job losses for 30,000 employees and reflecting a potential industry crisis.
Shipping
Record $90 Billion in Vessel Orders Threatens Shipping Overcapacity
Major shipping companies fuel an industry boom with record $90 billion vessel orders, but the overcapacity threat looms.
Freight Market
Trucking Sector Sees Unseasonable Demand Rise
Unseasonable surge in demand for domestic transportation offers a glimmer of hope, with OTVI up 7% versus month-ago levels.
Rail
Norfolk Southern's Derailment Cleanup Costs Surge to $803 Million
The cleanup costs for Norfolk Southern's Ohio derailment have surged to $803 million, with additional expenses still under negotiation.
Trucking
Texas's Marcelino Serna Port Reopens for Commercial Traffic
The Marcelino Serna Port of Entry in Texas is set to resume handling commercial truck traffic, providing an alternative route to busy El Paso crossings.
LTL
Yellow Corp. Selling Logistics Unit Amid Union Negotiations
Yellow Corp. plans to sell Yellow Logistics Inc. amidst unresolved labor disputes and financial troubles. Potential bankruptcy looms as negotiations stall.
LTL
Yellow Corp Braces for Bankruptcy
Amid mixed signals, Yellow Corp, the third-largest LTL company, may be on the brink of bankruptcy, posing a significant impact on the logistics sector.
Freight Tech
Waymo Refocuses on Ride-Hailing Over Self-Driving Trucks
Waymo pivots from self-driving trucks to ride-hailing, allocating more resources to this sector due to promising commercial opportunities.
Supply Chain
Instawork Data Indicates US Supply Chain Rebound
As per Instawork's data, the US supply chain is experiencing a recovery, with west coast manufacturers at the forefront of this trend.