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Latest news (Page 147)
Trucking
Yellow Corp. Buys Time Amid Bankruptcy Threat
Struggling truckload carrier Yellow Corp. gains a reprieve from lenders, waiving certain financial targets, and giving the company time to navigate challenges from the Teamsters union and bankruptcy threats.
Nearshoring
Mexico Surpasses China as Top US Exporter
Amid a significant shift in global supply chains, Mexico overtakes China as the leading exporter to the US, prompting structural adjustments and additional pressure on infrastructure and labor.
Economy
US Consumer Loans Show Economic Caution
US households and lenders exhibit caution as non-revolving loans decline for the first time since the pandemic's onset, suggesting potential economic slowdown and looming recession fears.
Newsletters
🍉 Watermelons
Good morning. Watermelon shipments are booming, container prices have plummeted from $20K to less than $1.2K, fewer Americans are
Freight Market
Top 20 Reefer Commodities
Seedless watermelons are surging ahead in the produce freight industry, with Florida and Georgia seeing the highest volumes. This trend
Trucking
Legal Challenge Against Biden's Green Energy Policies for Trucking
The Biden administration's green energy rules face legal action from state attorneys general, who claim they could severely impact the trucking industry.
Freight Market
The Turnaround: Global Supply Chain Recovery
The global supply chain is recovering with significant improvements in ocean freight shipping, air cargo, trucking, and warehouse capacity, which is easing inflationary pressures.
Shippers
Persistent Inflation Pressures in Grocery Store Aisles
To try to reduce costs, Kroger’s sourcing and supply-chain teams are examining the trucking routes for food manufacturers and other areas where expenses could be stripped out, McMullen said.
Freight Market
Freight Diversions Start from Yellow Corp.
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?
Trucking
Truck Makers Align with California on Emission Rules
Major truck and engine manufacturers reach a significant agreement with California regulators over emission rules. This could influence logistics professionals nationwide.
Job Market
US Labor Market Cools as Workers Stop Job-Hopping
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.