Freight brokers are over AI hype. Here's why they want ready-to-use tools (not overhauls) and how Epay Manager is quietly changing the game.
Trump just announced sweeping tariffs in the biggest trade policy shift in decades. Markets are already reeling. Let’s break it down.
Plus, a $350K beef fraud sheme, trucker faced 17 deportations prior to deadly crash, Transfix debuts new tech, and more.
Yellow Corp has failed to meet health and welfare and pension fund contributions of over $50M, potentially triggering a strike. Source: FreightWaves.
The risk of a strike increases as Yellow Corp fails to meet over $50M in required health and welfare and pension fund contributions for June and July. The company cited avoiding a cash shortage as the reason behind the decision. This delinquency could prompt a work stoppage by the Teamsters union.
Despite these issues, Yellow remains committed to negotiating a new contract with the International Brotherhood of Teamsters. Experts suggest the financial struggles could signal a potential business closure for Yellow Corp.
Source: FreightWaves
The Teamsters Union has learned that two Yellow operating companies, Yellow Freight and Holland, have failed to make their contractually required contributions of $50 million to the Central States Health and Welfare Fund and the Central States Pension Fund for June 2023.
— Teamsters (@Teamsters) July 18, 2023
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
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!
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