Plus, FedEx and UPS harness AI in logistics, South America's trade scene challenges Panama Canal's constraints, and Estes navigates a disruptive cyberattack.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
Werner truck driver survives a kidnapping and a deadly shootout following a seven-hour standoff in Ohio.
A Werner Enterprises truck driver was kidnapped by two suspects, Elaine Helman and Rodney Helman, at a truck stop in Ohio. The kidnapping resulted in a pursuit and a seven-hour standoff with law enforcement, which culminated in a shootout leading to the deaths of the suspects. Despite being injured, the driver survived the ordeal. The incident is under investigation by the Bureau of Criminal Investigation.
Source: FreightWaves
Two suspects were killed after a truck driver for Werner Enterprises was taken hostage while parked in his rig at an Ohio truck stop early Wednesday.https://t.co/DessLh5ciG
— FreightWaves (@FreightWaves) August 4, 2023
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.
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