Ernest Hemingway wrote, “How do you go bankrupt? Two ways. Gradually, then suddenly.” This path is inherent in the rags-riches-rags cycles seen in personal finance arcs to economic bubbles in freight markets. To combat current and future uncertainty in the world, we very much like to keep the status quo, so it takes a while…
The U.S. Department of Labor announced a final rule on Tuesday that will revise regulations issued under the Fair Labor Standards Act to ensure overtime pay for some salaried and highly compensated employees. Critics say the rule could prove a significant burden for brokers operating small businesses. Starting July 1, 2024, salaried employees making less…
While electrification is the quickest and most economical method for reducing emissions in the medium- and heavy-duty vehicle (MHDV) sector and it is currently applicable to most vehicle classes, clean fuels will […]
ITD Industries displayed at Truck World an electric refrigerated trailer that can keep a load chilled for up to three days, even when not plugged into a fixed power source. […]
Pam Transportation, the auto industry-focused truckload carrier whose stock has been battered in the past year and beyond, is buying back some of its shares through a process known as a Dutch auction. Companies buy back their stock frequently but generally do so in a lower-key manner, entering the market as an occasional or frequent…