Trucking

Negotiations between the Teamsters union and Yellow Corp. remain ongoing, with the fate of the nation’s third-largest LTL carrier hanging in the balance. Yellow is facing stiff resistance from the Teamsters over proposed operational changes that would consolidate operations between purchased regional carriers New Penn and Holland and integrate them into Yellow’s nationwide network.

By making integrations accessible and affordable, Bitfreighter enables brokers to enter into the once-dreaded “EDI conversation” with shippers on the front end, using connectivity as a selling point.

Daylight recently opened the first LEED-certified trucking facility in Texas, proving its continued commitment to both sustainability and the people of the Lone Star State.

Authorities arrested four Mexican nationals in connection with the deaths of 53 migrants found abandoned last year in a locked tractor-trailer.

AI is helping the logistics industry solve a massive coordination problem to establish transportation reliability and save shippers, carriers, and brokers a serious amount of time and money.

Supply chain-focused startups Cart.com, Nuvocargo and CargoBot recently secured a combined $102 million in venture capital.

Mexico-based transporter Traxion has acquired Las Vegas-based BBA Logistics for $10 million.

Criminals looking to steal high-value cargo are attracted to the vulnerabilities associated with international border crossings.

FreightWaves’ Future of Supply Chain rapid-fire demo best-in-show winners include Ryder, Trucker Tools, Truckstop and Turvo.

The marketplace is at its most fragile when rates plummet and virtually every carrier is scouting out opportunities to earn more. Unfortunately, many of the “too good to be true” rates carriers come across in a precarious market are just that: not true.

FreightWaves’ Innovation Alley at the Future of Supply Chain event featured FreightTech demos from Ezlogz and Bridgestone Mobility Solutions/Azuga.

Consulting firm Kearney recently released its 34th annual Council of Supply Chain Management Professionals (CSCMP) report, “State of Logistics 2023: The Great Reset.” A major theme of the report is the great rebalancing from the carrier-dominated market of the past two years to a shipper-focused one as freight volumes fell against a backdrop of higher truckload capacity. The report notes that total U.S. logistics costs rose 19.6% in 2022 to a record $2.3 trillion or 9.1% of U.S. gross domestic product.

This week in Borderlands: Exports of Mexican-built cargo trucks up 34% in May; a California commercial border crossing project receives $140 million; Mexico opens a $175 million highway project to boost trade with Texas; and a U.S. logistics firm is building a $2.7 million border export hub in Mexico.

Kroger management reaffirmed the “low end” of 1-2% identical sales growth guidance.

A proposal by the Federal Motor Carrier Safety Administration to alter and expand reporting categories for crashes is drawing criticism from the Owner-Operator Independent Drivers Association, which argues the FMCSA should take stronger action to protect driver safety records.

Tesla’s Class 8 electric Semi truck’s production is being delayed due to battery supply chain constraints.

Redwood Logistics and FreightWaves have partnered to unlock the SONAR freight market intelligence platform for OTM users.

Some bullish commentators have suggested that strong heavy-duty truck sales means a recession isn’t looming. Further context is needed.

Toyota announced an investment of $328 million to build its new hybrid Tacoma pickup trucks in Mexico.

This week in Borderlands: Texas trucking company acquired by Online Transport Inc.; U.S. requests USMCA dispute resolution over Mexico corn ban; RK Logistics expands into Arizona market; and Watco opens railcar storage facility in Texas.