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The post FreightWaves Infographics: California congressman proposes bill to tackle cargo theft appeared first on FreightWaves.
The post FreightWaves Infographics: California congressman proposes bill to tackle cargo theft appeared first on FreightWaves.
WASHINGTON — Joe Kramek has been appointed president and CEO of the World Shipping Council to replace the retiring John Butler, the container shipping lobby group announced on Wednesday. Kramek has been WSC’s director of U.S. government relations since March 2021. “I am deeply honored to assume the role of president and CEO, building on…
A bankruptcy judge will soon decide the outcome of more than $7 billion in liability claims from multiemployer pension plans (MEPPs) against bankrupt Yellow Corp. Discrepancies around the interpretation of Congress’ directives and intentions in a 2021 pension fund bailout package were at the center of a Tuesday hearing in a Delaware courtroom. Counsel for…
Supply chain management is one of the least glamorized – and most important – functions of virtually every business in the world, especially for those in rapid expansion or early stages of growth. For Leaf Home, a home solutions provider, this became evident as the company scaled from fewer than 30 locations to over 250…
Navistar Inc. is reliving for a third time a recall of medium- and heavy-duty trucks experiencing engine revving that can overwhelm the parking brake and lead to unintended movement. The Lisle, Illinois-based manufacturer and Traton Group subsidiary is recalling nearly 30,000 International HV and MV trucks from the 2022-24 model years, and IC Bus TC…
The ongoing freight recession has now plagued the market for longer than the COVID boom, but high-frequency data from FreightWaves SONAR suggests it might be coming to an end sooner rather than later. Brokers, however, should not expect a market turn to completely alleviate the downward pressure on their gross margin. While the freight recession…
The Bureau of Labor Statistics said back in August that its annual employment model revision was likely to show a large drop in the estimated number of 2023 truck transportation jobs when it came out in February. On Friday, the agency delivered on that forecast. On top of that, it sharply revised downward the number…