Freight Stocks
Yellow, the US's fifth-largest trucking company, witnessed a share price surge of 387.5% despite ceasing operations. Speculations arise about a bankruptcy loan and a large-scale purchase by an investor.
Trucking
Pop superstar Taylor Swift reportedly gives $5M in bonuses to her tour truck drivers, with more undisclosed amounts for other crew members.
Trucking
Schneider National's acquisition of M&M Transport bolsters their fleet and positions them towards achieving $1.5 billion in annual revenues.
Trucking
UPS Teamsters vote overwhelmingly in favor of a tentative five-year, $30 billion agreement, promising significant wage hikes and benefits.
Trucking
Jadarrius Rose, a 23-year-old Black man, a truck driver for Western Express was attacked by a police dog during a traffic stop in Ohio on July 4, 2023. The incident occurred after Rose failed to pull over for an inspection due to a missing mud flap on his
LTL
Yellow Corp. ends its century-long service, resulting in job losses for 30,000 employees and reflecting a potential industry crisis.
Freight Stocks
Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
Shippers
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Trucking
The Marcelino Serna Port of Entry in Texas is set to resume handling commercial truck traffic, providing an alternative route to busy El Paso crossings.
LTL
Amid mixed signals, Yellow Corp, the third-largest LTL company, may be on the brink of bankruptcy, posing a significant impact on the logistics sector.
Trucking
UPS, Teamsters reach a tentative deal on a five-year contract, averting potential nationwide strike.
LTL
Yellow halts nationwide pickups amid strike threats and declining shipments.