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Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Yellow Corp. ends its century-long service, resulting in job losses for 30,000 employees and reflecting a potential industry crisis.
Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
Yellow Corp. plans to sell Yellow Logistics Inc. amidst unresolved labor disputes and financial troubles. Potential bankruptcy looms as negotiations stall.
Amid mixed signals, Yellow Corp, the third-largest LTL company, may be on the brink of bankruptcy, posing a significant impact on the logistics sector.
Yellow halts nationwide pickups amid strike threats and declining shipments.
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Amid a potential Teamsters strike at UPS, FedEx urges concerned shippers to switch to their services.
Teamsters Union vs Yellow Trucking Company The Teamsters Union is locked in a tense standoff with Yellow, one of the
Less-than-truckload carrier, Yellow Corp., has filed a $137 million lawsuit against the Teamsters union amid a severe financial crisis.
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
340,000 UPS workers could strike from August 1, disrupting US supply chains. Key issues include higher wages, more full-time positions, and improved working conditions
The Teamsters union and Yellow Corp. are locked in a dispute over the "One Yellow" initiative. This plan, aimed at integrating Yellow's regional networks, faces resistance due to its potential impact on truck drivers' roles and job security.
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