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.
As 2023 seasonal hiring gets underway, some retailers are cutting back on workers while others are hiring more.
Analysis of TuSimple's challenges in the autonomous trucking industry and FedEx's impressive financial performance surpassing expectations.
TIA's Q2 2023 report shows modest shipment gains but declining revenues. Truckload sector shows resilience as TIA remains optimistic for future quarters.
The TIA Q2 3PL Market Report for 2023 shows a mixed performance, with a modest 0.8% increase in total quarterly shipments but declining revenues and invoice amounts per shipment. Truckload was the only segment to see a gain in shipment volumes, while LTL and intermodal declined. Mark Christos, TIA Chair, remains optimistic, anticipating modest improvements and more stability in the market for the remainder of 2023, especially as the pandemic's impact subsides.
Source: Logistics Management
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
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Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
The South is transforming into the US's new industrial heartland, with investments pouring into sectors such as EV battery production.
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