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Latest news (Page 140)
Shippers
Molson Coors Wins 2023 Shipper of Choice Award
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Freight Broker
MegaCorp Rides Wave of Attention from Brian Harman's Open Win
MegaCorp, a freight brokerage, has experienced a surge in public attention and online search traffic due to its sponsorship of golfer Brian Harman.
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.
Nearshoring
USTDA Boosts Southern Mexico's Freight Transport
The USTDA is funding a study for an intermodal rail terminal in Chiapas to bolster local supply chains and decarbonize Southern Mexico's transport sector.
Newsletters
🪠 Surge Takes A Plunge
Happy Hump Day. A tentative five-year contract deal has been reached between UPS and the Teamsters, which would prevent a
Trucking
UPS and Teamsters Strike Tentative Five-Year Contract Deal
UPS, Teamsters reach a tentative deal on a five-year contract, averting potential nationwide strike.
Freight Market
US Box Shipments Continue Weak Trend in Q2
US box demand remains weak, reflecting stunted goods economy—no growth seen in six years.