On today’s episode of WHAT THE TRUCK?!? Dooner is talking about the impending bankruptcy at Yellow that’s reported to go down Monday. What’s next for the company, what are employees saying and what options are out there for the displaced? CNBC’s Lori Ann LaRocco gets us up to date on labor action at West Coast…
This week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 30 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…
Yellow, the third-largest less-than-truckload company that’s in the midst of financial chaos, is laying off an unknown number of office employees, most of which were nonunion. Employees were notified of the layoffs on Friday morning in voice-only calls. At least three executives laid off large portions of their teams: Yellow Chief Information Officer Annlea Rumfola…
In a week that saw the field of viable autonomous trucking developers shrink again — more on Waymo Via waving buh-bye for now below — Aurora Innovation (NASDAQ: AUR) disclosed that T. Rowe Price Investment Management Inc. purchased $125 million of new stock issued in a $600 million private placement. Uber Technologies, already a major…
New warehouse data from WarehouseQuote reveals more insight into the retail industry’s outlook on the consumer this holiday season. Vacancy rates are up on the East and West coasts and we do not see any rush by retailers to fill the space. This latest data set not only shows the return to just-in-time inventories, but…