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The post FreightWaves Infographics: More layoffs at freight-related firms: 607 workers cut across 4 states appeared first on FreightWaves.
The post FreightWaves Infographics: More layoffs at freight-related firms: 607 workers cut across 4 states appeared first on FreightWaves.
After causing long wait times for thousands of trucks, Texas officials have reduced the number of inspections for tractor-trailers arriving from Mexico at two border crossings, according to a U.S. Customs and Border Protection (CBP) official. Gov. Greg Abbott’s increased inspections of trucks, which began last Tuesday, created wait times of up to 26 hours…
Trimble Inc. on Wednesday reported that its first-quarter transportation revenue decreased just 2% year over year (y/y) to $154.9 million. “In transportation, the market backdrop is very dynamic with a softening freight market that’s pressuring carriers to find new frontiers of efficiency, which technology can help address,” Rob Painter, Trimble’s president and CEO, said on…
This story is developing. The Surface Transportation Board has approved, with conditions, Canadian Pacific’s plans to merge with Kansas City Southern, paving the way for CP to take control of KCS as early as April 14. The conditions include an “unprecedented” seven-year oversight in which CP (NYSE: CP) and KCS will provide extensive data to…
UPS Inc. and the Teamsters union will resume national bargaining June 5 as both sides spend the week negotiating the final two supplemental agreements covering workers in Louisville, Kentucky, and Northern California. The hiatus comes as both sides reached a tentative agreement to reduce the size of UPS SurePost packages eligible for handoff to the…
CHICAGO — What if Apple and Android suddenly decided to join forces and offer their integrations to each other’s customers? Imagine iMessage on your PC, for example. That hypothetical merger is unlikely to happen. But a similar form of consolidation is beginning to take place in the growing warehouse automation industry. Hangzhou, China-based multi-robot orchestration…
Rush Enterprises, the nation’s largest network of new truck dealerships, will execute a 3:2 split on Class A and B shares after a strong second quarter led by its parts and service business. The split means shareholders will receive an additional one-half share for each common share held as of Aug. 7. Rush reported $2…