On-demand capacity provider Fluid Truck announced Thursday it is launching an initiative, Fluid Truck Renew, to enable fleet owners to lease or rent out surplus capacity to bring in new revenue. The company, founded in 2016, is an app-based platform that connects businesses with available capacity of commercial vehicles including cargo vans, box trucks and…
Fuel is one of the biggest costs in ocean shipping, and fuel pricing has seen some big changes in recent months, featuring new dynamics that haven’t been seen in years. Prior to the IMO 2020 regulation implemented on Jan. 1, 2020, most of the world’s commercial ships ran on 3.5% sulfur fuel known as high…
Welcome to the WHAT THE TRUCK?!? Newsletter presented by Frayt. In this issue, what to do if Yellow goes belly-up; why you should stop using UPS; AI in trucking; and more. Yellow and Teamsters play the blame game img flip Inability to make its monthly contribution — Yellow clapped back at the Teamsters on Wednesday…
Jeremy Reymer, CEO and founder of DriverReach, is joined on this episode of Taking The Hire Road by a progressive and innovative industry leader, Gregg Troian, president of PGT Trucking out of Aliquippa, Pennsylvania. PGT is well known for its innovative approach to all things flatbed — from investing in next-gen tech solutions to embracing…
The fifth-largest trucking carrier in the country, Yellow (NYSE: YELL) is teetering on the edge of bankruptcy as a dispute between management and the International Brotherhood of Teamsters, the union representing the truck drivers, threatens to massively disrupt operations next week. There’s reason to believe that Yellow’s board’s decision not to make a $50 million…