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In today’s dynamic and ever-evolving business landscape, optimizing logistics for service excellence and cost efficiency has become a critical imperative. Market shifts over the past year – coupled with a looming recession – have inspired shippers to take a more cost-driven approach to transportation decision-making in recent months. Many companies are striving to recoup from…
Rio Grande Valley Sugar Growers Inc. recently announced it is closing after 51 years in business, citing dwindling water for irrigation and an ongoing dispute with Mexico over water supplies. The closure will result in layoffs of 435 employees, including 101 company truck drivers, for the sugar-growing operation and mill based in Santa Rosa, Texas….
Kyle Kottke, general manager for Kottke Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road. The pair discussed the origins and values of the third-generation company as it approaches 90 years in business. Kottke’s grandfather, Elmer, started hauling milk, fertilizer and feed with one truck in 1938. Today, the company boasts…
The board of the FedEx pilots’ union has elected its third chairman in eight months as the group tries to overcome internal divisions that have hampered efforts to achieve an updated labor contract. The FedEx Master Executive Council voted for Captain Jose Nieves, a Boeing 757 pilot who has been at FedEx (NYSE: FDX) for…
Martin Weissburg is retiring as president of Mack Trucks. He will be succeeded June 1 by Stephen Roy at the Volvo Group manufacturing subsidiary. Weissburg held three senior leadership positions in his Volvo career. In a 2020 FreightWaves interview, he called running Mack, an iconic brand dating to 1900, his favorite. He arrived in June…
The sparring over the future of Norfolk Southern continues, with the railroad offering a detailed defense of its operations alongside a critique of Ancora Holdings’ recently renewed call for a quick change in management following a derailment late last week. In the middle of the maelstrom at Norfolk Southern (NYSE: NSC), a leading Wall Street…