Why don’t you gaze upon your IKEA table with wonder? This is a piece of furniture that couldn’t have existed a few decades ago. One such table could be imagined in Sweden and manufactured in China with trees from Romania. It may then transit in a shipping container on a 400-million-pound ship, on a truck…
On Jan. 3, 2023, the transportation world awoke to the news that Bob Biesterfeld, president and CEO of freight broker and 3PL giant C.H. Robinson Worldwide Inc., had resigned his posts. The company’s stock, which had already dropped more than 15% from around $120 a share in August, registered little immediate reaction to Biesterfeld’s abrupt…
More than a year after it was first proposed, the Department of Labor has formally released its final independent contractor rule that one leading analyst said was “little … changed substantively in comparison to the proposed rule.” But there are provisions in the changes, though minor, that are being viewed as positive for the trucking…
Despite challenges, the trucking industry has seen improvements in operational efficiencies and enhanced driver safety through technology adoption. However, insurance costs are rising as a result of nuclear verdicts and increased repair expenses. Yet, logistics professionals and technology experts believe that by leveraging telematics and operational data, insurance costs can be lowered and can become…
Logistics leader Uber Freight confirmed Tuesday that it was forced to cut a number of jobs in order to align with its “continued commitment to drive sustainable growth.” A source familiar with the layoffs said between 40 and 50 jobs were cut Monday. However, Chicago-based Uber Freight (NYSE: UBER) declined to disclose the exact number…