Blackjewel’s bankruptcy reminds the broader industrial sector of the vulnerability of U.S. coal production overall, particularly so for western U.S. coal production.
The data on truck company failures is pointing to a rocky period for shutdowns, and the prospect of higher diesel prices isn’t going to help. That’s the message of Seth Holm of the FreightWaves Intel Group. He’ll be a guest this weekend on FreightWaves Radio on SiriusXM’s Road Dog Trucking. It can be found on […]
Former truck drivers and employees of LME Inc., headquartered in Roseville, Minnesota, are still in shock two days after the company abruptly ceased operations without warning on July 11.
YRC’s CEO hints at more changes to come after it announces closing of its New Penn HQ
A Durham, North Carolina-based logistics company filed for Chapter 11 bankruptcy reorganization on June 13.
Union Pacific (NYSE: UNP) announced this week it would lay off almost 200 employees in eastern Oregon as part of a series of cuts the railroad is making in order to boost profits. The bulk of the layoffs are taking place at a railyard in the city of Hermiston. The yard will close. Additional layoffs […]
Ford to lay off 7,000 as part of major restructuring
Shippers encouraged to make alternative plans now for the millions of tons of commodities that typically move on the Illinois River.
For the second time in less than a week, a trucking carrier has shut its doors with no advanced warning.
Former truck drivers and employees of Falcon Transport of Youngtown, Ohio, admit there were warning signs that the company was experiencing financial problems, but few said they expected the company to cease operations abruptly on Saturday, April 27, stranding truckers hauling loads without working fuel cards or further instructions.
Truck drivers for the flatbed truckload carrier, Falcon Transport of Youngstown, Ohio, said they received emails late April 27 stating the company was shuttering operations effective immediately.
President Trump walks back threat to close the southern border with Mexico, but CBP’s reallocation of officers to immigration duties continues to stymie cargo flows.
Jack Cooper Transport Company has announced its intention to stop yard management operations and lay off 425 employees at its Louisville, Kentucky terminal.
Inside YRC’s fight with IPS Worldwide.
Carrier didn’t give employees 60 days advance notice, suit alleges
TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.
TFI International Inc. wants to expand its last-mile business with the assets of U.S. courier BeavEX, which is seeking bankruptcy protection.
Car manufacturer Honda confirmed the closure of its factories in Swindon and Turkey saying global trends were the cause of the closures that will occur at the end of the Honda Civic’s production cycle in 2021.
Closure of Honda’s plant in Swindon will cost 3,500 jobs at the factory and thousands of related jobs, including in logistics companies.
LTL space in Northeast will be at premium once NEMF goes out. Here’s how everyone is adjusting to the new reality.
