UPS shippers may face double-digit rate increases in wake of contract
AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone.
AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone.
Reliance Partners’ VP of risk services breaks down what motor carriers need to know about FMCSA safety ratings.
Truck broker Landstar issued worse-than-expected third-quarter guidance Thursday and said most metrics are still underperforming normal seasonal trends.
Covenant Logistics’ second-quarter earnings reflected, as expected, a weaker truckload market.
At least two Yellow teams were given a prepared statement that “the company continues to prepare for a range of contingencies.”
Ryder’s second-quarter performance was mixed, but it forecast a much stronger second half, sending the stock climbing.
Cold chain failures lead to the same profit losses and headaches as other supply chain mishaps, but on a much greater scale.
Industry watchers believe a Yellow bankruptcy is inevitable. Some of the company’s 30,000 employees are starting to feel nervous too.
Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.
Growing wage disparity between carriers may fuel resentment among FedEx Ground drivers, Alan Amling argues.
Wabash reported record Q2 earnings because it was able to price its trailers and truck bodies higher than the cost of materials.
A letter from the Teamsters negotiating committee on Tuesday showed it has been unable to come to terms with less-than-truckload carrier Yellow Corp.
The waiver the EPA granted to California to allow its Clean Trucks rule to proceed has states lined up in court on either side of the issue.
“As a result of these unfortunate circumstances and the impact on the network, we are limiting pick-up operations in all terminals,” the memo states.
After experiencing record sales growth during the COVID-19 pandemic, digital freight brokerage Surge Transportation says it was forced to file for bankruptcy protection as it was unprepared for the abrupt decline in product demand and soaring shipping costs that rocked the transportation industry in April 2022.
PS Logistics said Tuesday it has acquired Jacksonville, Florida-based truckload carrier and broker Rinaudo Enterprises.
A tentative contract between UPS and the Teamsters doubles wage increases for part-time workers over the current pact.
What’s behind Paccar’s stunning Q2 profits? Inflation is part of the answer. So is a burgeoning parts footprint.
Surge is the largest broker to restructure in recent memory.
Paccar continued a string of record quarterly performances in Q2, posting a 70% gain in profits and a 24% increase in sales.