Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks. Universal Logistics Warren, Michigian-based Universal Logistics is permanently shuttering two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with…
Sweden’s Volvo Group announced Thursday that it will construct a heavy-duty truck manufacturing plant in Mexico. The plant will supplement the company’s U.S. production. The facility will support the company’s growth plans for Volvo Trucks and Mack Trucks in the U.S. and Canadian markets and support Mack truck sales in Mexico and Latin America. It…
WASHINGTON — The U.S. Department of Transportation is launching the first step in a long-awaited National Multimodal Freight Network (NMFN), a project that will be used to prioritize federal money for freight infrastructure around the country. A request for information scheduled to be published in the Federal Register on Friday will give the public 60…
The company behind Northern Air Cargo has taken delivery of two widebody freighter aircraft this year and immediately placed them in storage because there isn’t enough business to operate them profitably despite the improved outlook for the global airfreight market, FreightWaves has learned. The decision represents the latest case of an all-cargo airline throttling back…
By Craig Allan The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The catastrophic Francis Scott Key Bridge collapse was a tremendous loss for the city of Baltimore, which is left grieving the tragic loss of life and bracing for massive disruption….