“Humans are super powerful in this process,” Paul said. “They build relationships, solve messy edge cases, piece together ambiguous info. Tech should amplify that.”
“Covering a load in 2025 looks way too similar to covering a load in 1980,” said FleetWorks CEO Paul Singer.
Plus: Three USDOTs, one apartment draws scrutiny, cargo theft tops $6.6B, lumber and furniture tariffs bite, and more in today’s newsletter.
Yellow, the US's fifth-largest trucking company, witnessed a share price surge of 387.5% despite ceasing operations. Speculations arise about a bankruptcy loan and a large-scale purchase by an investor.
Pop superstar Taylor Swift reportedly gives $5M in bonuses to her tour truck drivers, with more undisclosed amounts for other crew members.
Schneider National's acquisition of M&M Transport bolsters their fleet and positions them towards achieving $1.5 billion in annual revenues.
UPS Teamsters vote overwhelmingly in favor of a tentative five-year, $30 billion agreement, promising significant wage hikes and benefits.
Jadarrius Rose, a 23-year-old Black man, a truck driver for Western Express was attacked by a police dog during a
Yellow Corp. ends its century-long service, resulting in job losses for 30,000 employees and reflecting a potential industry crisis.
Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
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.
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