Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
Ari Levy reflects on Coyote Logistics 18-year run as RXO completes the acquisition.
Plus, Carrier411 bans the removal of FreightGuards.
Non-FedEx shippers may find it challenging to secure services if a strike occurs at UPS, warns a Shipware LLC consultant.
In the event of a potential Teamsters strike at UPS Inc., shippers without existing relationships with FedEx Corp. may struggle to arrange shipments. FedEx plans to prioritize UPS accounts that also deal with FedEx. This is because FedEx already services these dual-account locations, says Adi Karamcheti, senior consultant at Shipware LLC. On-demand pickups may be affected, possibly leading to congestion at drop-off points. FedEx is also seeking three-year contracts with penalties for early termination. While negotiations between UPS and the Teamsters are set to resume, the current contract expires on July 31, threatening potential disruption to shipping services.
Source: FreightWaves
FedEx just appointed its new CFO, John Dietrich.
— Noor Chopra (@noorg420) July 18, 2023
He's the former CEO of Atlas Air Worldwide Holdings taking shares from below $20 to $102 when it was sold in 2023.
Investors are happy with the move and shares are already moving up.
Labor unrest at UPS could be a factor also. pic.twitter.com/llz4fYVE7e
Windrose Semi reveals striking similarities to Tesla's design. Here are the features, performance, and industry implications of their electric truck.
North Carolina upgrades weigh stations with $5.8M tech boost. New systems include weigh-in-motion and license plate readers for improved safety and efficiency.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
Join over 11K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
