Plus: PTL truck struck by BNSF train, Carrier411 cuts ties in Mexico, license scheme bust in Florida, and more in today’s FreightCaviar newsletter.
Carrier411 ends access for a Mexican staffing partner amid LA protest. U.S.-Mexico freight trade decreased but remains strong.
Florida authorities arrest eight in a driver’s license scheme involving "illegal aliens." DMV employees issued licenses without proper testing.
Pam Transportation reports over 60% YoY drop in Q2 operating income despite increase in service, impacted by 18% decline in revenue per loaded mile.
Dissecting the controversy over a JB Hunt graphic shared in our recent newsletter, which critics called misleading due to its presentation of income figures.
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Despite expectations, Class 8 truck orders remain steady. With all order slots filled, the production for Q4 2023 is anticipated to be strong.
JB Hunt reports an 18% YoY drop in Q2 revenues due to a persistently weak freight market. The company seeks cost-effective strategies.
J.B. Hunt reports Q2 earnings, impacted by weaker demand, with uncertainty around 2023 peak shipping season.
ATA's For-Hire Truck Tonnage Index shows a 0.8% YoY dip in truck tonnage for June, despite a month-to-month rise. Freight market remains in a down cycle.
Exploring 2023 beverage season's impact on freight volumes, consumption trends, inventory management, and carrier challenges. See how beverage consumption shifts are driving the logistics industry.
Trucking firm Big J Express has filed for bankruptcy amid a significant drop in revenue and debt overhang.
Expert suggests trucking downturn may start to improve but warns of a slow recovery until 2024.
The trucking industry's seasonal uplift during produce season falls short this year, exacerbating an ongoing slowdown due to various factors.
Winners * Columbus, OH - Atlanta, GA with a 8.3% rate increase in the last 30 days. * Chicago, IL -
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