The World Cup kicked off, and Amazon decided to become forklift certified. Plus: the Fed could spoil freight's party, C.H. Robinson in crosshairs again, the World Cup is a freight problem, and more.
Here's your weekly roundup of what’s trending across the freight industry on X, LinkedIn, Reddit, and YouTube.
Every freight AI vendor quotes an automation rate. Almost none publish what's behind it. Here's the methodology question brokerages should be asking and what Chain's 3M-load dataset reveals.
After UPS's union secured a $30 billion deal spread over five years, there was a surge in interest for UPS jobs, with search data showing a more than 50% increase for UPS-related job titles. Despite the appealing prospect of full-time drivers earning around $170,000 annually by the end of the contract, aspirants should note that one must first work as a part-time package loader, a less lucrative position, before advancing. Additionally, despite this new deal, UPS doesn't foresee massive hiring soon, citing declining volumes post-pandemic.
Source: Press Herald
You love to see it pic.twitter.com/Zvx6j354gT
— Morning Brew ☕️ (@MorningBrew) August 8, 2023
Plus, STG's path out of bankruptcy, Wyoming's "Truck Around and Find Out" operation, what "phantom capacity" means for Mexico lanes, and more in today's newsletter.
Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
Plus, USPS gives non-domiciled CDL carriers an 11-day deadline, the spot-to-contract spread starts squeezing 3PLs, Knight-Swift trims its Q1 guide but stays bullish, and more.
Plus: 170+ truckers removed in Florida, new bill proposes $5M motor carrier insurance, truck sales take a huge dive, and more.
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