Inside: FedEx's market triumph, the controversy at Yellow Corp, Waabi and Uber Freight's decade deal, and the hammer comes down on PPP loan-scamming trucker.
As 2023 seasonal hiring gets underway, some retailers are cutting back on workers while others are hiring more.
Analysis of TuSimple's challenges in the autonomous trucking industry and FedEx's impressive financial performance surpassing expectations.
Over the past three years, the trucking industry has lost more than 100,000 drivers due to positive marijuana tests, according to a new study by the American Transportation Research Institute (ATRI). As the legalization of recreational marijuana use grows in the US, the trend of driver losses is expected to continue, causing a further shortage in an already strained workforce. The ATRI report highlights the need for a nationally recognized marijuana impairment test and standards in the event of federal legalization, to safeguard employers in safety-sensitive industries.
When it comes to #weed and #trucking... well, let;s just say it's complicated: https://t.co/fX9o57pWeX
— Mike Bush (@mikebush) June 5, 2023
Source: Transport Topics
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
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.
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