August transportation prices decline at slowest pace in a year
Freight markets showed some signs of exiting a recession in August.
Freight markets showed some signs of exiting a recession in August.
RCG Logistics will immediately be integrated under the Acertus brand.
There’s no perpetual, industry-wide truck driver shortage. The market quickly corrects any shortage of labor.
A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018.
Texas’ population and gross domestic product are expanding at a faster rate than California’s.
Tender rejection data in the FreightWaves SONAR data platform shows that the freight market bottomed on May 14. Since then, conditions for carriers have slowly been improving.
This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform.
Advocate for female truckers says new EEOC policies are overdue.
Mack Trucks filed a recall for 27,418 heavy-duty trucks because their turn signal visibility does not comply with a federal safety standard.
Laid-off employees came from support departments including Human Resources, Information Technology (IT) and other ancillary support roles. IT roles affected by the event included business analysts, scrum masters, quality analysts, product managers, and project managers.
Barge rates on the Mississippi in St. Louis, a key port, have risen sharply due to low water levels on the river.
Workhorse Group stockholders approved a proposal to more than double the number of authorized shares, one of few paths to new capital.
An enormous drop in truck transportation jobs in August is likely related to the shutdown of Yellow Corp.
Ree Automotive tested its Reecorner by-wire technology for months before getting precertification that moves it closer to production.
Coyote, a $5.2 billion freight broker, just announced layoffs again. The trucking industry is in a recession.
While there have been efforts to improve sustainability in the freight industry, significant challenges remain.
Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved.
To view more FreightWaves infographics, click here
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.
U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days.