Yellow Corp. bought more time as it fights for survival with a deal that waives certain covenants under its credit agreements. The agreement was effective retroactive to June 30 and filed with the Securities and Exchange Commission late Friday. According to the 8-K filing with the SEC, the amended and restated credit agreement between the…
The largest independent cargo handler at Hong Kong International Airport is taking security measures to the next level with robots that patrol its facilities and sniffer dogs trained to detect lithium batteries in shipments. Hong Kong Air Cargo Terminals Ltd. (Hactl) announced last week that the first security robot is ready to begin surveillance, initially…
Know of a company that’s making waves in the freight industry with its innovative strategies or disruptive approach? Now is the perfect time to give them the recognition they deserve by nominating them for a 2024 FreightTech award. FreightWaves is now accepting nominations for our annual FreightTech Awards: Top Innovators as Voted by the Industry,…
To view more FreightWaves infographics, click here The post Daily Infographic: 10 ways to prepare your car for hot weather & summer travel appeared first on FreightWaves.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: New Mexico lands first major auto parts manufacturing plant; FedEx closing facility in Texas, eliminating 58 jobs; Nippon Express opens logistics warehouse in Arizona; and San Diego customs agent charged with taking bribes from drug smugglers….