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.
We took the opportunity to ask our Instagram followers about their best days as freight brokers. Here are some of their responses...
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Negotiations between UPS and Teamsters hit a roadblock with the union rejecting the company's offer. A strike looms if no agreement is reached.
The International Brotherhood of Teamsters, representing UPS employees, has rejected an offer from UPS during national contract negotiations Wednesday morning. UPS told the union they had nothing more to give following a marathon of negotiations. Key areas of disagreement include wages and pensions, with the union threatening to strike on August 1st if an agreement is not reached. This could potentially disrupt UPS's vast package delivery network and have a substantial impact on the U.S. economy. Labor disputes like this one can significantly affect supply chain operations, adding further strain to an already strained logistics sector. A potential strike could disrupt millions of deliveries daily, affecting numerous businesses and individuals who rely on UPS services.
Source: Supply Chain Dive
Throwback to delivering COVID vaccines before we were allowed to get vaccinated ourselves 🦠
— Matt Leichenger (@mattleichenger) July 5, 2023
We @Teamsters put our lives on the line during the pandemic while @UPS earned historic profits💰
It’s time to PAY UP‼️ pic.twitter.com/BulAilKvLV
A report from Everstream.ai details how the 2024 US elections could sway the supply chain, affecting cross-border trade and commodity markets.
Here's the latest on freight rates and hot routes as we look forward to Q3. Get insights from experts on navigating the summer season.
Over 57% of consumers are ready to shop greener to reduce environmental impact. As regulations tighten, companies must update their logistics strategies.
Target's stock reaches a new high with impressive holiday quarter sales and a return to robust gross margins, signaling a strong consumer market.
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