Newsletters
🎣 Chicago Takes the Crown
Plus: Brokers return, Hormuz spikes rates, LTL stays stuck in a tough year, and more.
1048 articles
(Page 80)
Trucking
Yellow Corp Faces Strike Threat Over Missed Pension Contributions
Yellow Corp has failed to meet health and welfare and pension fund contributions of over $50M, potentially triggering a strike. Source: FreightWaves.
Trucking
Georgia-based Big J Express Files for Chapter 7 Bankruptcy
Trucking firm Big J Express has filed for bankruptcy amid a significant drop in revenue and debt overhang.
Freight Broker
DAT and Convoy Drop Mutual Lawsuits, Terms Remain Confidential
DAT and Convoy have dropped their mutual lawsuits after reaching a confidential out-of-court settlement.
Manufacturing
NextDecade Corp Advances $18.4B LNG Terminal Project
NextDecade Corp pushes forward with its massive LNG export terminal project at the Port of Brownsville, aiming to transform South Texas's trade dynamics.
Shippers
UPS Prepares for Potential Labor Disruptions
Amid critical contract negotiations, UPS plans to train nonunion employees for package delivery to ensure operational continuity in case of a strike.
Ports
Canadian Ports to Reopen After Labor Dispute Resolution
Key Canadian ports are set to reopen after a labor dispute, but disruptions to US imports via these ports could persist for months
Air Freight
Air Cargo Spot Rates Fall by 41% YoY in June
Air cargo spot rates experienced a significant drop in June, causing unease among airlines and forwarders.
Ports
Port of Los Angeles Registers Stellar June Performance
Despite an overall YoY decline, the Port of Los Angeles reports significant cargo volume gains in recent months.
Freight Broker
Uber Freight Announces Layoffs in Digital Brokerage Operations
Uber Freight has confirmed the second round of workforce reductions this year, targeting its digital brokerage operations.
Freight Market
Sluggish Produce Season Adds to Freight Industry Slowdown
The trucking industry's seasonal uplift during produce season falls short this year, exacerbating an ongoing slowdown due to various factors.
Freight Tech
Freightos Announces Staff Cuts Amid Falling Freight Market
In response to declining revenues and freight market downturn, Freightos reduces staff by 13% and further lowers its 2023 revenue outlook.
Nearshoring
DHL Invests €500m to Broaden Supply Chains Beyond China
Deutsche Post DHL is investing €500m in Latin America, expanding warehouses in alternative hubs to meet growing demand for diversified supply chains.