After Pride Group, one of Canada’s largest trucking and leasing companies, filed for bankruptcy protection last week amid a capacity glut and low rates, President and CEO Sulakhan “Sam” Johal is warning that an “unorganized demise” of the company threatens “the livelihoods of many thousands of families.” The company was founded by Johal and his…
Less-than-truckload carrier Saia Inc. announced a new partnership with Fletes Mexico, one of the largest trucking companies south of the border. Fletes Mexico’s less-than-truckload division, Carga Express, and Saia will provide cross-border freight transport for customers. Saia will service Carga Express’ shipments entering the U.S., while Carga Express will transport Saia’s freight traveling into Mexico….
On Episode 700 of WHAT THE TRUCK?!?, Dooner is talking to Campbell University’s Sal Mercogliano about the latest on the Francis Scott Key Bridge collapse. Who is on the hook to pay for it, how long will it take, what will it cost, and how will it impact shipping? Mercogliano has some answers. FreightWaves’ Thomas…
UPS will replace FedEx as the dominant provider of domestic air cargo for the U.S. Postal Service for the first time in more than 20 years. The express delivery giant on Monday announced that the Postal Service has awarded it a “significant” contract to move the majority of the mail agency’s air cargo in the…
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Companies continue to make their supply chains more resilient to respond very quickly to supply chain disruptions. Some disruptions can be modeled or even predicted in some cases. But others…