The latest report from the congressional oversight commission tasked with monitoring COVID relief loans showed that less-than-truckload carrier Yellow Corp. (NASDAQ: YELL), formerly YRC Worldwide, was likely not as “critical to maintaining national security” as suggested by the Department of…
The world simply does not have enough containers to handle cargo demand. It’s a conundrum that has persisted for so long that the mainstream press is finally covering it. The New York Times reported Friday how the box shortfall is…
Legislation introduced this week on Capitol Hill requiring automatic emergency braking (AEB) and lane-assist technology on all new trucks is being praised by safety advocates but rejected by small-business truckers. The Protecting Roadside First Responders Act, introduced through companion bills…
The Pennsylvania Supreme Court ruled Thursday that a no-hire provision between two Pittsburgh-based logistics firms is not enforceable under commonwealth law. In its decision, the high court affirmed a Superior Court ruling that found the “no-hire, no-poach” agreement between freight…
Pitney Bowes Inc. (NYSE:PBI) reported first-quarter earnings-per-share results that were roughly in line with analysts’ expectations, as well as a 15% year-over-year revenue increase fueled entirely by a 41% surge in its global e-commerce business. However, analysts weren’t impressed, sending…
TFI International (NYSE:TFII) has completed its $800 million acquisition of UPS Freight (NYSE:UPS), the Canadian trucking and logistics firm said Friday as it ushered in a new era as one of the largest less-than-truckload carriers in North America. It came…
The United Auto Workers union ended a 13-day strike Friday at Volvo Trucks North America (VTNA), clearing the way for production to resume Monday at the Swedish truck makers’s only North American manufacturing facility. Volvo said only that a tentative…
General Motors (NYSE: GM) announced Thursday it will invest $1 billion in a manufacturing complex in Ramos Arizpe, Mexico, that will build electric vehicles by 2023. “This investment will serve to prepare the complex for an expansion in the assembly…
Project44, a leader in shipment visibility for the global logistics community, announced on Friday it has expanded its tracking services into China, giving shippers a real-time view of their truckload shipments within Asia. In recent years, trucking technology has continued…
The growing footprint of warehouses in New Jersey — which is hardly alone in adding massive amounts of logistics space — has spurred the introduction of legislation that could slow its growth. Most significantly, the sponsor of the legislation introduced…
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