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Latest news (Page 150)
Freight Market
Container Lines Grapple with Falling Freight Rates and Legacy Leases
Amid weak freight rates and the influx of new ships, container lines like Zim are struggling, looking for ways to reduce their legacy charter liabilities.
Supply Chain
Potential UPS Strike Threatens Major Disruptions
UPS is facing a potential large-scale strike from the Teamsters Union if a better offer isn't delivered soon, threatening significant economic and business impacts.
Freight Market
Stagnation in Spot Market: A Logistic Challenge
Spot market faces a stagnant bottom due to lack of consistent trends. While there are some rate upticks, major surge in rates seems unlikely without a significant market shift.
Trucking
Uber Freight: Reducing Empty Miles
Uber Freight report unveils the trucking industry might be driving double the estimated empty miles, pointing to the need for better load visibility and optimal routing.
Freight Broker
Transplus Bankruptcy: A Setback for Small Truckers
Over 60 small trucking companies face significant debt as Transplus Freight files for bankruptcy, highlighting the challenging dynamics within the logistics sector.
TuSimple's Potential U.S. Exit: A Shift in Logistics
In a seismic shift for the logistics industry, TuSimple, a leading figure in autonomous truck software, is poised to exit
Trucking
Yellow Trucking Faces Bankruptcy After $700M Bailout
Trucking company Yellow faces bankruptcy following financial struggles and a dispute with its union, raising concerns about pandemic relief loan management.
Newsletters
âïž Hump Day
Happy Hump Day. Big moves in logistics as Yellow Corp. takes a swing at Teamsters with a hefty lawsuit. Meanwhile,
Freight Polls
FreightCaviar Poll: 47% Plan On Quitting Their Job Within the Year
Yesterday, the Bloomberg Business account on Instagram reported that their study concluded, "more than one in four office workers
Trucking
Sharp Drop in Truck Prices In May
Truck prices have seen a significant drop recently, with three-year-old trucks losing an average of $10,000 in May alone.
Freight Tech
FreightTech Continues to Attract Funding with Cart.com, Nuvocargo & Cargobot
FreightTech sector maintains investor interest as Cart.com, Nuvocargo, and Cargobot secure $102 million in collective funding for expansion and innovation.
Warehousing
Dexory Raises $19M to Enhance Warehouse Operations with AI & Robots
Warehouse tech startup Dexory secures $19 million in Series A funding to expand its AI and autonomous robot-driven inventory management solution.