To view more FreightWaves infographics, click here
The post Daily Infographic: How much money does Amazon make on Prime Day? appeared first on FreightWaves.
The post Daily Infographic: How much money does Amazon make on Prime Day? appeared first on FreightWaves.
Global supply chain solutions provider Flexport may be contemplating another round of layoffs in the coming weeks, according to sources familiar with the matter. Initially reported Friday by business publication The Information, insiders disclosed that the company is considering a workforce reduction of approximately 20%, potentially affecting close to 500 employees. FreightWaves contacted Flexport for…
The one attorney involved in the Louisiana staged truck accident scheme who was indicted and subsequently pleaded guilty still does not know his fate. Danny Keating was to be sentenced Thursday in the U.S. District Court for the Eastern District of Louisiana, but it has been postponed. Sentencing has also been put on hold for…
To view more FreightWaves infographics, click here The post Daily Infographic: Tips for trucker safety appeared first on FreightWaves.
ArcBest saw revenue fall again during May in its asset-based unit, which includes less-than-truckload services. Shipments and tonnage were up slightly year over year (y/y) but yield was off by 12%. The segment is more broadly utilizing a dynamic pricing model, which uses technology to better align rates to available capacity on a lane-by-lane basis….
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Global supply chains have faced many disruptions the past few years, and weather has been a huge part of those. In 2021 we had the Texas freeze, causing the worst…
Truckload carrier Pam Transportation Services announced an operating loss for a second straight period in what it described as an “extremely challenging” first quarter. Pam (NASDAQ: PTSI) reported net earnings per share of 1 cent compared to 23 cents in the same period a year ago. The result was below a lone analyst’s 7-cent estimate….