Throughout history, trade routes have played a vital role in shaping the world’s economic and cultural landscape. Today, numerous routes exist throughout the world, keeping societies running. But how did this all start? It began with one trade network during the Han Dynasty in China and lasted for 1,500 years. The Silk Road was a…
Container lines won’t release final results for the second quarter until next month, but early disclosures suggest they have stemmed the bleeding, at least temporarily. Hawaii-based niche carrier Matson (NYSE: MATX) announced preliminary results late Thursday, projecting Q2 2023 net income of between $76.3 million and $81.5 million. This range is more than double Q1…
The U.S. District Court for the District of Kansas ruled Friday against less-than-truckload carrier Yellow Corp.’s request for an injunction, which would have kept its Teamsters employees from engaging in a work stoppage. In her decision, Senior Judge Julie Robinson denied a motion for a temporary restraining order and injunction. The decision allows the union…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to a panel of industry experts about the fallout from Yellow’s court case in Kansas City. Will teamsters be allowed to strike? Will Yellow survive the outcome? We’ll find out from our great panel of Michael Bookout, Co-Founder at MyCarrierTMS; Todd Maiden, Editor at FreightWaves;…
Lion Electric today opened its electric vehicle plant in Joliet, Ill., touting it as the largest U.S. manufacturing facility dedicated to medium- and heavy-duty commercial vehicle production. The 900,000-sq.-ft. plant […]