Plus, an Ontario, Canada man has been charged in a cargo theft scheme, Carolina wildfires continue, I-40 partially reopens, and more.
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Funny Freight Friday: It turns out one can balance being a singer and broker.
After UPS's union secured a $30 billion deal spread over five years, there was a surge in interest for UPS jobs, with search data showing a more than 50% increase for UPS-related job titles. Despite the appealing prospect of full-time drivers earning around $170,000 annually by the end of the contract, aspirants should note that one must first work as a part-time package loader, a less lucrative position, before advancing. Additionally, despite this new deal, UPS doesn't foresee massive hiring soon, citing declining volumes post-pandemic.
Source: Press Herald
You love to see it pic.twitter.com/Zvx6j354gT
— Morning Brew ☕️ (@MorningBrew) August 8, 2023
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
CtrlChain carriers cut admin time by 95%, process paperwork 80% faster, and get paid 4x quicker. See what’s new in 2024—and what’s coming next in 2025!
Windrose Semi reveals striking similarities to Tesla's design. Here are the features, performance, and industry implications of their electric truck.
North Carolina upgrades weigh stations with $5.8M tech boost. New systems include weigh-in-motion and license plate readers for improved safety and efficiency.
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