Plus: chameleon carriers defend their tactics, UPS and FedEx ground MD-11s after a deadly crash, and Oklahoma steps up CDL enforcement.
Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in today’s newsletter.
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Negotiations between UPS and Teamsters hit a roadblock with the union rejecting the company's offer. A strike looms if no agreement is reached.
Knight-Swift Transportation lowers operating performance forecast due to persistently soft demand in the full truckload market.
The rapid hiring in warehousing during the pandemic slows down, reflecting changes in the labor market and a slowdown in online sales growth.
Amidst a surplus of supply and dropping demand, contract rates in the dry van truckload market continue to experience a downward trend.
Convoy adjusts staffing levels in response to market conditions, underscoring the challenges and resilience in the logistics sector.
Global air cargo demand remains weak, barring southern China's strong e-commerce volumes. Rates see region-specific shifts amidst rising operational costs.
Knight-Swift boosts assets with the $808m acquisition of U.S. Xpress, poised to reshape the logistics industry landscape and market dynamics.
Tennessee truck accident results in two fatalities and driver's arrest on charges of criminally negligent homicide.
Amid weak freight rates and the influx of new ships, container lines like Zim are struggling, looking for ways to reduce their legacy charter liabilities.
UPS is facing a potential large-scale strike from the Teamsters Union if a better offer isn't delivered soon, threatening significant economic and business impacts.
Spot market faces a stagnant bottom due to lack of consistent trends. While there are some rate upticks, major surge in rates seems unlikely without a significant market shift.
Uber Freight report unveils the trucking industry might be driving double the estimated empty miles, pointing to the need for better load visibility and optimal routing.
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