Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
This isn’t the freight recovery we were promised… and Q1 earnings make that painfully clear.
In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
The Teamsters Union is locked in a tense standoff with Yellow, one of the largest trucking companies in the United States. Despite Yellow claiming they'd run out of cash by August, Teamsters, representing around 22,000 Yellow employees, refused to allow operational changes that might save the company. Teamsters' president, Sean O'Brien, responded boldly that if Yellow can't afford the labor costs, they should exit the trucking industry. This statement has sparked debates among trucking insiders and labor experts, considering the potential loss of tens of thousands of unionized jobs.
Labor experts point to a generational shift in union leaders' attitudes. Rather than accepting subpar union jobs, the new breed of union leaders, like O'Brien, demands jobs that meet Teamsters' standards. Similar showdowns are unfolding elsewhere too, as Teamsters and UPS engage in intense negotiations for the next five-year contract. However, the outcomes might vary as each company's financial realities differ.
Yellow's struggle is often attributed to its unionized workforce and failure to manage its acquisitions. The market share for unionized LTL carriers has declined over the years, leading to a smaller pool of union jobs. Some experts argue that Yellow's troubles are not because of Teamsters and highlight successful union operations in the same sector. However, Yellow's future is uncertain, and it appears to be more susceptible to bankruptcy without union and government support.
Source: FreightWaves
If “Do Nothing Darren” continues he will single handily destroy a once honorable company … RESIGN NOW… Our members are done making bad investments….. pic.twitter.com/8db5HACLAy
— Sean O'Brien (@TeamsterSOB) June 24, 2023
Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
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