Trucking companies are under close scrutiny, as the transportation sector contributes heavily to CO2 emissions, with trucks accounting for much of the growth in emissions from heavy-duty vehicles over recent decades.
Plus: Top 8 turkey producing states, cartel's trucking drug network uncovered, Macy's exposes $154M delivery expense fraud, and more.
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Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
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Following a major roadway collapse, Pennsylvania's governor announces a swift two-week repair plan for Interstate 95, bringing relief to the trucking industry.
340,000 UPS workers could strike from August 1, disrupting US supply chains. Key issues include higher wages, more full-time positions, and improved working conditions
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.
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.
Schneider National aims to attract new drivers, utilizing in-game billboards in American Truck Simulator for recruitment.
Less-than-truckload carrier Yellow Corp. faces a financial crisis, potentially running out of cash by August. The Teamsters union, citing past mismanagement, refuses another bailout.
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