We sat down with Nate Johnson, the CEO of GLCS, to unpack the critical role of authenticity in leadership and what it really takes to stay ahead of cyber threats. Plus, our featured carrier this week.
Plus: Canada backs off digital tax after tariff threats, Werner beats a $100M verdict, Samsara teams up with HappyRobot to bring AI voice into freight ops... and more in today's newsletter.
Yellow, having recently filed for bankruptcy, announced that its employees expecting their final paychecks on Thursday will instead receive them on Friday, due to a court hearing. The company, ceasing operations on July 28, laid off the majority of its 30,000 workforce. Amidst this, $92.9 million in vacation pay for employees remains uncertain. Two non-Teamster-represented employees stated they got their final payments but no compensation for unused vacation time. The Teamsters organization has publicly critiqued Yellow's decisions and expressed support for the affected members. The company has sought bankruptcy protection multiple times in the last 15 years and previously received a $700 million U.S. Treasury loan in 2020.
NEW: Yellow truck drivers and dockworkers told me they didn't receive their paycheck today — which was supposed to be the last one before the trucking giant shuttered operations$YELL said they will pay tomorrow
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Federal charges have been brought against Texas-based Shaquan Jelks for managing trucking firms in violation of FMCSA shutdown orders, misusing PPP funds, and obstructing safety investigations.
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