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Latest news (Page 142)
Freight Market
Response to Wednesday's Misleading Graph
Dissecting the controversy over a JB Hunt graphic shared in our recent newsletter, which critics called misleading due to its presentation of income figures.
Warehousing
Tornado Damages 50,000 Pallets at Pfizer Plant in North Carolina
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
Court Says Freight Brokers Aren't Always at Fault for Accidents
Big court win for freight brokers: they can't always be blamed for accidents.
Podcasts
Visiting MigWay Inc in Charlotte, NC
In March, Paul and Bogdan visited MigWay Inc, a trucking company in Charlotte, NC, reconnecting with podcast guest David Voronin.
Trucking
The Impact of Yellow's Possible Bankruptcy
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Warehousing
US Warehouse Rents to Rise Despite Rate Drop: CEO
Warehouse rents will continue to rise despite falling logistics transportation rates, says the CEO of the world's largest warehouse landlord.
Trucking
FedEx Prioritizes Existing Clients Amid UPS Strike Fears
Non-FedEx shippers may find it challenging to secure services if a strike occurs at UPS, warns a Shipware LLC consultant.
Trucking
FTR: Class 8 Truck Orders Hold Steady in June
Despite expectations, Class 8 truck orders remain steady. With all order slots filled, the production for Q4 2023 is anticipated to be strong.
Economy
U.S. Retail Sales See Modest Rise Amid Inflation Concerns
Despite falling short of economists' expectations, June's retail sales rose by 0.2%, signalling a slowing yet steady consumer demand amid inflation worries.
Trucking
UPS, Teamsters to Resume Labor Contract Talks
UPS and Teamsters gear up to resume negotiations for a new labor contract. Talks focus on industry-leading pay and benefits for unionized workers.
Trucking
Yellow Corp. Blames Teamsters for Liquidity Crunch
Yellow Corp. accuses Teamsters of causing its financial crisis, leading to benefit payment deferment and potential labor strike threats.
Freight Market
JB Hunt's Q2 Revenue Plummets Amid Weak Freight Market
JB Hunt reports an 18% YoY drop in Q2 revenues due to a persistently weak freight market. The company seeks cost-effective strategies.