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.
Drivingforce, born out of Y Combinator, came out of Stealth mode this week. It addresses unique industry challenges for trucking companies. It streamlines recruiting, compliance, asset management, and HR operations into a single platform.
Kevin Huang, the founder of Drivingforce, pivoted from manufacturing to the trucking industry. His understanding of this new field, bolstered by conversations at truck stops and TikTok-based research as "Trucking Newbie," led him to create Drivingforce's comprehensive workforce management solution.
Check out some of Kevin's TikToks below:
@truckingnewbie What happens to tomatoes if rejected #trucking #truck #trucker #trucklife #truckdriver #owneroperator #freight #truckersoftiktok #truckertok #fyp #truckingup #truckingnewbie #tomato
♬ original sound - Trucking Newbie
Source: Y Combinator
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.
Subscribe to our free tri-weekly newsletter for the latest in freight news and entertainment.
