In an attempt to reduce costs, USPS adoption of freight brokers has led to increased highway risks and loosened mail protection, according to a Wall Street Journal investigation.
Signs point to the trucking industry nearing the end of the current freight recession, with trucking revenue still high despite reduced demand. A market turnaround, however, is yet to be seen.
Tiger Cool Express, an innovator in temperature-controlled domestic intermodal, has closed, impacting over 50 jobs. The closure follows declining demand for intermodal and low trucking rates.
The Teamsters union and Yellow Corp. are locked in a dispute over the "One Yellow" initiative. This plan, aimed at integrating Yellow's regional networks, faces resistance due to its potential impact on truck drivers' roles and job security.
West Coast dockworkers are set for a 32% pay increase and a one-time "hero bonus" under a new contract agreement, marking a significant win for transport workers.
Owing to battery supply chain issues, Tesla's CEO Elon Musk has announced that large-scale production of the company's electric Semi truck will be delayed until the end of 2024.
New FMCSA guidelines aim to clarify the roles and responsibilities of brokers, dispatchers, and agents in the trucking industry, helping to expose and curb illegal broker activities.
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