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.
AI agents are loud. Levity’s automation gets things done. Learn why freight ops need workflows, not hype.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
Class-action suit targets Yellow Corp. for violating WARN Act through abrupt layoffs. Seeks damages for employees across all subsidiaries.
Yellow Corp. faces a class-action suit for allegedly violating the Worker Adjustment and Retraining Notification (WARN) Act by not providing a 60-day layoff notice to its 30,000 employees. The suit, led by former employee Armando Rivera, seeks damages, including wages, benefits, and severance pay for affected employees.
Yellow is accused of abruptly terminating its workers across its subsidiaries, YRC Freight, Holland, New Penn, and Reddaway, without advance notice, amidst a rapid shift in operations and looming bankruptcy. The plaintiffs will argue against the WARN Act's exceptions for sudden company shutdowns, while Yellow is likely to justify its actions with arguments of 'unforeseeable business circumstances' and financing efforts.
I'm WARNing You.
— Matthew Leffler (@ArmchairAtty) August 3, 2023
Yellow is facing a lawsuit for allegedly failing to provide the required 60-day advance notice to nearly 30,000 workers ahead of a mass layoff that began last week. Yellow's impending bankruptcy could challenge the conditions under which union contracts survive…
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.
The European unit could potentially fetch around $2 billion, based on industry estimates.
GLS Group divests US freight divisions to DC Logistics, focusing on parcel services. Deal closes Sept. 1, 2024. DC aims for top 20 LTL carrier status.
Here are the latest trends in LTL and how they could impact your business.
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