Freight Tech
Fire-Damaged Nikola Electric Truck Reignites, Sparks Recall Questions
A reignited fire in a Nikola electric truck stirs safety concerns and raises questions about potential recalls.
Trucking
Fraud
“Project Big Rig” Busts Auto Theft Ring, $9.24M Recovered
Canadian authorities bust major auto theft ring, recovering stolen goods worth $9.24M and arresting 15 individuals in "Project Big Rig" operation.
Freight Market
Knight-Swift Sees Profit Fall Amid Low Freight Demand
Knight-Swift's profit dips in Q2 as U.S. freight demand dwindles and revenues across trucking units drop sharply.
Trucking
Teamsters Pull Back Strike Threat at Yellow
The Teamsters union retracts a strike threat at trucker Yellow, preventing potential liquidation.
Trucking
Pam Transportation Reports 60% YoY Drop
Pam Transportation reports over 60% YoY drop in Q2 operating income despite increase in service, impacted by 18% decline in revenue per loaded mile.
Warehousing
Tornado Damages 50,000 Pallets at Pfizer Plant in North Carolina
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
Podcasts
Visiting MigWay Inc in Charlotte, NC
In March, Paul and Bogdan visited MigWay Inc, a trucking company in Charlotte, NC, reconnecting with podcast guest David Voronin.
Trucking
The Impact of Yellow's Possible Bankruptcy
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Trucking
FedEx Prioritizes Existing Clients Amid UPS Strike Fears
Non-FedEx shippers may find it challenging to secure services if a strike occurs at UPS, warns a Shipware LLC consultant.
Trucking
FTR: Class 8 Truck Orders Hold Steady in June
Despite expectations, Class 8 truck orders remain steady. With all order slots filled, the production for Q4 2023 is anticipated to be strong.
Trucking
UPS, Teamsters to Resume Labor Contract Talks
UPS and Teamsters gear up to resume negotiations for a new labor contract. Talks focus on industry-leading pay and benefits for unionized workers.
Trucking
Yellow Corp. Blames Teamsters for Liquidity Crunch
Yellow Corp. accuses Teamsters of causing its financial crisis, leading to benefit payment deferment and potential labor strike threats.