Plus, a $350K beef fraud sheme, trucker faced 17 deportations prior to deadly crash, Transfix debuts new tech, and more.
True “produce season” in the continental United States lasts from about April to October, with Sun Belt markets dominating April through June and Midwestern markets dominating July through October.
In the latest episode of "The FreightCaviar Podcast", we sit down with Michael Caney, Chief Commercial Officer at Highway. He shares tips on protecting your business against fraud and talks about Highway's newest product.
Yellow Corp. ends its century-long service, resulting in job losses for 30,000 employees and reflecting a potential industry crisis.
After almost 100 years of service, Yellow Corp., a leading less-than-truckload (LTL) company, has ceased operations. Yellow, which ranks No. 13 on the Transport Topics Top 100 list of largest for-hire carriers in North America, has been grappling with severe financial difficulties. A catastrophic loss of volume due to shippers diverting freight to other LTL carriers, fears of a Teamsters strike, and a crushing debt of at least $1.5 billion have contributed to the company's downfall.
Yellow's shutdown has resulted in immediate job losses for its 30,000 employees and the closure of company-owned properties.
Source: Transport Topics
— Dooner 🏴☠️ (@TimothyDooner) July 30, 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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