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The post FreightWaves Infographics: FreightTech startup Aifleet raises $16M Series B to expand operations appeared first on FreightWaves.
Former Tony’s Express truck drivers and other employees say financial mismanagement by new owner John Ohle led to the 70-year-old trucking company’s recent collapse. Tony’s Express, headquartered in Fontana, California, shut down March 28 after Ohle and others sent a series of text messages starting on March 24, informing workers that the company would not…
Teamsters President Sean O’ Brien lashed out Saturday at critics who say the union’s hard line in contract negotiations with UPS Inc. will push the economy into a recession, saying the burden of keeping the country out of a downturn falls on UPS, not the Teamsters. At a raucous, ear-splitting rally in UPS’ hometown of…
An Illinois trucking company with 183 trucks and 171 drivers recently filed for Chapter 11 bankruptcy protection. Founded in June 2010, Nationwide Cargo Inc. of East Dundee, Illinois, hauls general freight, fresh produce and meat, according to the Federal Motor Carrier Safety Administration’s SAFER website. The petition, filed in the U.S. District Court for the…
The logistics industry is plagued by several different types of fraud – from rate manipulation to straight-up cargo theft. The more volatile and opaque market conditions become, the more opportunities scammers have to take advantage of unsuspecting companies. This is especially true when it comes to double brokering. Double brokering occurs when an actual carrier,…
FedEx has ordered 150 electric trucks to add to its pickup and delivery fleet in the United States in an effort to reduce carbon emissions, specialty vehicle manufacturer The Shyft Group (NASDAQ: SHYF) announced Thursday. FedEx plans to add the Blue Arc EV Trucks to its fleet after previously testing the vehicle on last-mile delivery…
This story originally aired on Trains.com. MONTREAL – Canada’s labor minister has denied CN’s request to intervene in contract talks with the union representing engineers and conductors. Last week the railroad asked Labor Minister Steven MacKinnon to send stalled contract negotiations to binding arbitration to prevent a work stoppage that would halt rail traffic in…