We sat down with Jonathan Kolb, Founder of OBC ONE, to explore the high-stakes, hand-delivered world of onboard couriers where packages fly 8,000 miles and delays can cost millions. Plus: our featured carrier of the week.
Shippers start diverting freight from Yellow Corp. due to concerns over its future, according to a TD Cowen report. What potential impacts will this have on industry?
As Yellow Corp. struggles with a contentious overhaul deemed critical for its survival, shippers are starting to divert their freight to other carriers. This move could potentially affect the landscape of the logistics industry and lead to significant shifts in freight distribution. Yellow Corp., which is mired in a battle with the International Brotherhood of Teamsters, maintains its shipment counts despite the ongoing tension. Regardless, the escalating uncertainty is causing shippers to rethink their strategies, which could lead to a difficult path ahead for Yellow Corp. and other logistics professionals.
#Yellow is staring down potential bankruptcy. If they go out of business, expect backlogs at other carriers and rising rates.
Our recommendation: Be cautious. If the company declares bankruptcy while in possession of your #freight, it could be months before you get it back. #LTLpic.twitter.com/0KhWYZOnwo
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Today we sat down with Chris Kuna, a transportation pro with over a decade of experience. He shares what the logistics industry misunderstands about truckers' lives, habits for staying healthy on the road, and his long-term vision for Driverness.
Today’s FreightCaviar newsletter covers the new English proficiency enforcement for CDL holders—but this expanded article dives deeper into the debate, the risks, and the potential disruptions for freight.
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