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The post Daily Infographic: UPS Teamsters overwhelmingly authorize strike appeared first on FreightWaves.
The post Daily Infographic: UPS Teamsters overwhelmingly authorize strike appeared first on FreightWaves.
C.H. Robinson (Nasdaq: CHRW), the largest trucking freight brokerage, is in a challenging spot that isn’t strictly due to the Great Freight Recession. Its stock is trading near the lows of the COVID lockdown (closing price on April 26 was $70.22; the COVID low was $63.91), with investors asking tough questions about the company’s long-term…
After a big upward move of 21 cents a gallon two weeks ago and a price that didn’t move last week, the weekly Department of Energy/Energy Information Administration average weekly retail diesel price moved down in its latest posting. The size of the 5.1-cents-a-gallon drop was somewhat surprising, given other indicators that suggested the decline…
This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: Legal issues and regulations to watch for in 2024. DETAILS: Transportation attorney Matthew Leffler dives into three hot topics affecting commercial trucking — nuclear verdicts, speed limiters and noncompete agreements — and how brokers should prepare for them. KEY QUOTES FROM…
At the Future of Supply Chain event in Atlanta, Zach Jecklin, chief information officer at Echo Global Logistics, spoke with FreightWaves about Echo’s dynamic pairing of people and technology and how it’s reshaping the industry. Echo Global Logistics was founded in 2005 with a focus on creating its own proprietary transportation management system, which Jecklin…
Heale Labs plans incentives to data sharing The logistics industry has traditionally struggled with effectively managing and utilizing data. In an interview with FreightWaves, Todd Haselhorst, founder and CEO of blockchain startup Heale Labs, highlighted the problems he experienced in data management in his past supply chain work.“We spent 35% of our budget just focusing…
With Ryder System continuing to focus on growth in its Supply Chain Solutions (SCS) and Dedicated Transportation Solutions (DTS) segment as part of its long-term strategy, the company’s first-quarter earnings report touted higher revenue in those groups. But the overall profitability of the company remains heavily dependent on its traditional Fleet Management Solutions (FMS) segment,…