Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI’s decline in yearly growth has been gradual and uneven.
A stable labor market suggests carriers are less likely to face harsh wage competition, a common concern during periods of labor scarcity.
Conversations about turnover and retention often hinge heavily on pay, but that is only part of the story.
Over the past several years, “culture” has become something of a buzzword in the corporate world. Despite this trending vernacular, the things that make up a company’s culture – energy, diversity and values – are the same things that determine whether or not people want to work there.
Lean BPO offers back-office and customer support services tailored to the needs of each client.
F3 Virtual Experience trucking roundup Last week FreightWaves hosted the F3 Virtual Experience, which involved industry leaders discussing topics related to the future of freight, key factors impacting markets, industry trends and venture capital investments. Key topics included autonomous and electric vehicles, FreightTech and a demonstration of the new SONAR feature, the Trusted Rate Assessment […]
Flock Freight’s fierce dedication to greening up the supply chain helps it stand out from its peers and attract a wealth of talent from several different backgrounds.
Outrider focuses on autonomous zero-emissions yard operations for logistics hubs.
Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.
A summary of the key developments in the U.S. economy over the past month and highlighted trends to watch in March.
The U.S economy added over 300,000 jobs in January, marking the best monthly performance in nearly a year. Transportation and logistics employment continued to increase at an impressive pace, led by healthy gains in warehousing, parcel and trucking jobs.
The monthly economic roundup is a summary of recent event in the economy and a guide for key trends worth monitoring over the next month.
Apple’s manufacturing partner Foxconn Technology Group, which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India.
Among news of poor performance in the Chinese economy, one of the most distressing signals for foreign retailers and manufacturers is Apple’s announcement on Wednesday that the company had reduced revenue expectations due to poor iPhone sales in China.
ArcBest Corporation (NASDAQ: ARCB) recently finalized a new 5-year contract with the International Brotherhood of Teamsters. The new contract brought “major gains” for members, including vacation restoration, wage increases and health benefit preservation.
It’s the first time LTL carrier Old Dominion has ever posted an OR under 80, even as it added more than 900 new employees.
Freight conditions generally held solid during the month despite some softening in the manufacturing sector. With economic fundamentals largely in place, the focus has shifted to trade policy, where trade war escalations threaten domestic activity.
