On today’s episode of WHAT THE TRUCK?!? Dooner is talking to Cowan Logistics’ Ben Tschirgi about preparing for the worst with Yellow and UPS. Don’t get caught flatfooted when and if these carriers strike. Tschirgi will also teach us the art of the freight parody song. The Artist Tree’s Caroline Fontein takes us deep inside…
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…
From the Great Recession to 2020, Yellow nearly went bankrupt four times. In each episode, the trucking giant was saved — thanks to concessions from lenders, the Teamsters union, the federal government or often all three. As a result, some of Yellow’s 30,000 employees weren’t too scared when the company began warning this summer that…
Trailer orders sank in June to their lowest of the year, but seasonality was a bigger factor than a significant decline in demand. Still, preliminary bookings of just 6,300 units stood in stark contrast from a year ago, according to ACT Research. Orders were down 34% from May and 75% lower than June 2022. “Seasonal…
Less-than-truckload carrier Yellow Corp. has asked the U.S. District Court for the District of Kansas to enter a temporary restraining order and preliminary injunction barring the Teamsters union from a work stoppage. A hearing is scheduled for Friday in Kansas City at 1:30 p.m. local time. The Thursday request follows a strike notice issued by…