🎣 Deal At The Docks
The port strike has been averted, and the agreement awaits ratification.
The Marcelino Serna Port of Entry in Texas is set to resume handling commercial truck traffic, providing an alternative route to busy El Paso crossings.
Amid mixed signals, Yellow Corp, the third-largest LTL company, may be on the brink of bankruptcy, posing a significant impact on the logistics sector.
UPS, Teamsters reach a tentative deal on a five-year contract, averting potential nationwide strike.
Yellow halts nationwide pickups amid strike threats and declining shipments.
A reignited fire in a Nikola electric truck stirs safety concerns and raises questions about potential recalls.
Canadian authorities bust major auto theft ring, recovering stolen goods worth $9.24M and arresting 15 individuals in "Project Big Rig" operation.
Knight-Swift's profit dips in Q2 as U.S. freight demand dwindles and revenues across trucking units drop sharply.
The Teamsters union retracts a strike threat at trucker Yellow, preventing potential liquidation.
Pam Transportation reports over 60% YoY drop in Q2 operating income despite increase in service, impacted by 18% decline in revenue per loaded mile.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
In March, Paul and Bogdan visited MigWay Inc, a trucking company in Charlotte, NC, reconnecting with podcast guest David Voronin.
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
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