WASHINGTON — Regulators have denied a New Hampshire prison inmate an exemption from certain training requirements that he had sought on behalf of himself and fellow inmates seeking truck driver jobs after they are released. Robert Towle, an inmate at the New Hampshire State Prison for Men in Concord, requested that people graduating from the…
The past few years have seen container shortages, soaring freight rates and unprecedented geopolitical events intensify market volatility, creating massive challenges for global shippers. These obstacles have persuaded FreightTech entrepreneur Graham Parker to reenter the global logistics space. He launched container rate platform Ship Angel on Monday after successfully exiting the industry when his digital…
Yellow Corp. (NASDAQ: YELL) has failed to make its required pension contributions for June and is planning to withhold payments for July. The pension funds, pension accruals and health care coverage for workers will suspend on Sunday, according to a statement by the Teamsters. The Teamsters union has threatened to strike by Monday if this…
To view more FreightWaves infographics, click here The post Daily Infographic: How much money does Amazon make on Prime Day? appeared first on FreightWaves.
Yellow (NASDAQ: YELL) just narrowly avoided bankruptcy for the fifth time since 2009. The potential for collapse is still looming, though. That’s scaring some customers off, according to three brokers and two industry experts interviewed by FreightWaves. Recent notes from investment banks like Bank of America and Stifel have also pointed to customers quietly diverting…