🎣 Sunny Ahead? Freight Market Outlook
Uber Freight's new program draws scrutiny, ILA negotiations hit a wall, and FMCSA's Operation Protect Your Load takes aim at unlawful freight brokerages.
Dell observes a sudden decline in PC demand after an initial year-over-year increase, indicating customer caution in recent months.
Class 8 truck orders in North America hit a 14-month high in November 2023, indicating a strong replacement equipment demand despite a slow freight market.
Ex-Roadrunner dispatch manager sentenced to 18 months for stealing nearly $113K through wire fraud, highlighting management issues.
Reelables introduces a groundbreaking 5G-enabled shipping label with built-in tracking, enhancing supply chain visibility and efficiency.
Major trucking companies urge FMCSA to rate unrated carriers, debating over a simpler safety rating system for better road safety.
Over 3,200 venture-backed U.S. startups failed this year, raising questions about investment strategies and comparisons to past bubbles.
Lion Electric cuts 10% of its workforce amid industry-wide layoffs due to slow EV demand and economic challenges.
U.S. manufacturing construction hits $206B, with electronics, particularly semiconductors, leading at $113B annually post-CHIPS Act.
TFI International acquires Dahlsten Truck Line, expanding its Midwest operations with a seasoned carrier's fleet and load capacity.
Chart shows rising U.S. global oil production share, overtaking Russia and Saudi Arabia, signalling strong future economic prospects.
XPO and ARCBEST LTL carriers hit 52-week highs, with XPO up 141% and ArcBest up 54.2% over the last year.
Amid bankruptcy, Yellow weighs revival bid and auction of assets including a significant real-estate portfolio.
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