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The post Daily Infographic: Why Walmart pays its truck drivers 6 figures appeared first on FreightWaves.
The post Daily Infographic: Why Walmart pays its truck drivers 6 figures appeared first on FreightWaves.
Second-quarter earnings at supply chain software provider E2open were negative enough that investors heavily sold off stock Thursday after management tried to put a positive spin on the company’s outlook. At approximately 11:15 a.m. EDT, E2open (NYSE: ETWO) stock was down about 75 cents per share to $3.32, a drop of 18.4%. It was not…
On the day the legal battle between the founding family of Pilot Travel Centers and its current owner Berkshire Hathaway was to go to trial in Delaware, the two sides reached a settlement. In a brief statement released early Monday, a spokeswoman for the Haslam family said the two sides had reached a deal and…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican authorities recorded 153 tractor-trailer thefts in April; BMW begins construction of $860M EV battery plant in Mexico; Port of Beaumont completes $85M roll-on/roll-off dock; Taiwanese automotive supplier opens factory in central Mexico. Tractor-trailer thefts in…
The challenges facing the world of trade have unfortunately become white noise. Seafarers have been taken hostage, some have lost their lives in vessel attacks, and ships have sunk to the bottom of the ocean. Yet the threat to the freedom of navigation and the ramifications of these Red Sea attacks have become part of…
With recovery efforts in the wake of Hurricane Helene in full swing and Hurricane Milton expected to surge through the middle of Florida on Wednesday, the risk of freight fraud in the trucking sector is reaching new levels. “Fraudsters never let a crisis go to waste,” Lewie Pugh, Owner-Operator Independent Drivers Association vice president, told…
Canada’s busiest West Coast container gateway is implementing measures to sustain cargo flows in the event of a work stoppage by railroad employees. “We are concerned about the prospect of further labor disruptions impacting port and supply chain operations,” the Vancouver Fraser Port Authority said in a statement Monday. “The impact to the Port of…