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🎣 Deal At The Docks
The port strike has been averted, and the agreement awaits ratification.
Trucking
229 articles
(Page 13)
Trucking
FedEx Prioritizes Existing Clients Amid UPS Strike Fears
Non-FedEx shippers may find it challenging to secure services if a strike occurs at UPS, warns a Shipware LLC consultant.
Trucking
FTR: Class 8 Truck Orders Hold Steady in June
Despite expectations, Class 8 truck orders remain steady. With all order slots filled, the production for Q4 2023 is anticipated to be strong.
Trucking
UPS, Teamsters to Resume Labor Contract Talks
UPS and Teamsters gear up to resume negotiations for a new labor contract. Talks focus on industry-leading pay and benefits for unionized workers.
Trucking
Yellow Corp. Blames Teamsters for Liquidity Crunch
Yellow Corp. accuses Teamsters of causing its financial crisis, leading to benefit payment deferment and potential labor strike threats.
Freight Market
JB Hunt's Q2 Revenue Plummets Amid Weak Freight Market
JB Hunt reports an 18% YoY drop in Q2 revenues due to a persistently weak freight market. The company seeks cost-effective strategies.
Weather
Record-Breaking Heatwave In Phoenix, Arizona
Phoenix sets a new high-temperature record, with persistent heatwaves.
Trucking
Annual Truck Tonnage Declines 0.8% in June, ATA Reports
ATA's For-Hire Truck Tonnage Index shows a 0.8% YoY dip in truck tonnage for June, despite a month-to-month rise. Freight market remains in a down cycle.
Trucking
Yellow Defers Payments, Risking Impending Teamsters Strike
Yellow Corp. defers contributions, risking a Teamsters strike. The move is an attempt to conserve liquidity while securing additional financing.
Trucking
Yellow Corp Faces Strike Threat Over Missed Pension Contributions
Yellow Corp has failed to meet health and welfare and pension fund contributions of over $50M, potentially triggering a strike. Source: FreightWaves.
Trucking
Georgia-based Big J Express Files for Chapter 7 Bankruptcy
Trucking firm Big J Express has filed for bankruptcy amid a significant drop in revenue and debt overhang.
Freight Market
Trucking Downturn: Signs of Recovery, But Improvement Will Be Slow
Expert suggests trucking downturn may start to improve but warns of a slow recovery until 2024.
Trucking
Electric Truck Adoption Faces Charging Infrastructure Hurdle
Electric truck adoption faces challenges due to the lack of charging infrastructure and potential strain on the grid, highlighting the need for faster infrastructure development.