Yellow, Teamsters to hash out operational changes by reopening NMFA early

It appears less-than-truckload carrier Yellow Corp. and the Teamsters will renegotiate their labor contract a year early as the two parties have failed to come to terms on proposed network changes, a spokesperson with Yellow confirmed to FreightWaves on Monday. “On Friday, our board of directors voted to open our National Master Freight Agreement contract,…

Toyota aiming heavy-duty fuel cells for sale this year

Toyota Motor Corp. expects to deliver Kentucky-produced heavy-duty fuel cell electric powertrain kits to customers as soon as this year. It adds to momentum that federal and state incentives are driving for hydrogen-powered zero-emission vehicles. The fuel cell kit qualifies as a zero-emission powertrain, the Japanese automaker said Monday. That means it qualifies for California…

As Asia-US shipping rates rise, so does skepticism on staying power

Container lines have used general rate increases (GRIs) to forcibly push up Asia-U.S. spot rates, yet there’s widespread skepticism on rates’ staying power given the gravitational pull of weak demand. Carriers introduced a round of GRIs on April 15 and are scheduled to implement the next round on May 1. But Linerlytica reported Monday that…