💵 Top 10 Highest-Paid CEOs in Freight Brokerage
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.
UPS pilots pledge solidarity with Teamsters, promising to halt flights if a strike occurs. The move puts UPS's labor costs and customer relationships at risk.
Air cargo spot rates experienced a significant drop in June, causing unease among airlines and forwarders.
Global air cargo demand remains weak, barring southern China's strong e-commerce volumes. Rates see region-specific shifts amidst rising operational costs.
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