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The post FreightWaves Infographics: Air Canada agrees to new contract with pilots, avoids strike appeared first on FreightWaves.
The post FreightWaves Infographics: Air Canada agrees to new contract with pilots, avoids strike appeared first on FreightWaves.
The Teamsters union said Wednesday that it has demanded that UPS Inc. present its last, best and final contractual offer no later than Friday. The ratcheting up of hostilities comes one day after the Teamsters gave UPS (NYSE: UPS) one week to submit an economic proposal that was superior to the one the Teamsters called…
After experiencing two years of record growth during the COVID-19 pandemic, Jacksonville, Florida-based Surge Transportation, a digital freight brokerage, sought to find a buyer and slashed its rates and workforce nearly a year before it filed for Chapter 11 bankruptcy protection on Monday. “In the first half of 2022, demand for excess motor carrier capacity…
This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: How 3PLs Can Start Their Data Analytics Journey in the Age of AI DETAILS: Brian Armieri, a co-founder and managing partner of Third Axiom Solutions, which builds analytics and AI for transportation companies, talks about how 3PLs can use AI to…
FedEx Corp. advised shippers on Thursday that they should begin shipping now with the company if they are concerned about service disruptions arising from a possible Teamsters union strike Aug. 1 of UPS Inc. In a communique Thursday, FedEx (NYSE: FDX) said that the company’s priority is “protecting capacity and service for existing customers.” Customers…
Schneider National slightly missed first-quarter expectations and cut its full-year earnings outlook by nearly 25%. It noted some improving trends on a Thursday call with analysts but concluded it’s “not calling an inflection in the market.” The most surprising takeaway from the call was the disclosure that truckload contract price renewals were positive for the…
Not much has changed on the demand front, heads of some of the nation’s biggest intermodal transportation providers said Tuesday at Wolfe Research’s annual transportation conference. The implication is that commentary provided during first-quarter reports in April remains intact. “I don’t have any green shoots for you this morning,” Darren Field, president of intermodal at…