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The post Daily Infographic: 2-person crews become law in Ohio appeared first on FreightWaves.
The post Daily Infographic: 2-person crews become law in Ohio appeared first on FreightWaves.
FreightWaves has published several stories in recent weeks about ongoing weakness in U.S. packaging demand, the result of intensifying pressure on Americans’ inflation-adjusted income as unprecedented government stimulus support wanes, elevated inflation persists and corporate layoff announcements multiply. Those pressures were evident in Costco’s March sales results a few weeks ago and have been similarly…
Cold storage operator RLS Logistics announced it has added Merchants Cold Storage to its network of facilities. Kentucky-based Merchants operates a 250,000-square-foot temperature-controlled warehouse near Cincinnati. The site has nearly 8 million cubic feet of storage space serving frozen and refrigerated food manufacturers in the Midwest. In addition to warehousing, Merchants provides cross-docking and blast…
In the past week, several Twitter users have pointed to government data on retail sales of heavy-duty trucks as one reason why a recession is far off. Two examples: You want to know a Leading Indicator I use as a #recession warning? Here is a great one Heavy Weight Trucks sales have predicted every recession…
Digital freight platform Convoy has announced another round of layoffs. The company, based in Seattle, told GeekWire on Monday the cuts were to the customer-experience operations team. Convoy did not state how many jobs were affected. In February, Convoy went through a restructuring, leading to an undisclosed number of employees being laid off. With the…
With questions swirling around the fate of the nation’s third-largest less-than-truckload carrier, Yellow Corp., industry analysts have started looking at which carriers stand to benefit the most if the company fails. Seemingly running out of options, Yellow (NASDAQ: YELL) filed a $137 million lawsuit against the Teamsters union on Tuesday. The suit alleges the union…
TuSimple co-founder Xiaodi Hou claims his forced resignation from the autonomous trucking software startup came in retaliation for refusing to support the compensation package for Cheng Lu, the CEO he pushed out a year ago but who was rehired in November. In a LinkedIn post, Hou claimed current and ex-employees of the autonomous trucking startup…