The acquisition of Coyote Logistics by RXO announced Sunday received a rip-roaring reception on Wall Street Monday, with the company’s stock price trading up by double-digit percentages on a move that management said will make it the third-largest freight brokerage in the country. At about 11:15 a.m. EDT, RXO stock was up about 21.9% to…
The United States will gradually resume avocado and mango inspections in the Mexican state of Michoacan, a week after inspections and shipments were suspended when two U.S. employees were reportedly detained by protesters. The U.S. Department of Agriculture inspectors “will gradually begin to return to the packing plants following recent aggression against them,” U.S. Ambassador…
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Labor attorneys say two closely watched cases before the National Labor Relations Board involving a relatively small Virginia trucking company may bring about a shift toward a pro-union agenda. Ironically, any pro-labor precedents that come out of the cases involving Garten Trucking of Covington, Virginia, will spring from an action before the NLRB that actually…
About 2,000 truck drivers, warehouse and dock workers, and office personnel of Humble, Texas-based U.S. Logistics Solutions (USLS), formerly Forward Air Solutions, say they were blindsided late Thursday when they were notified via conference calls or by text messages that the company was ceasing operations and that they would not receive paychecks Friday. Eric Culberson,…