The fallout from the labour dispute at British Columbia ports continues to unfold, as the union representing about 7,400 workers abruptly rescinded a strike notice hours after issuing it. Meanwhile, […]
Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shippers that haven’t made contingencies could be up against the wall. Some will simply brace for service disruptions and undelivered packages, which could…
Yellow Corp. pointed the finger at the International Brotherhood of Teamsters on Wednesday evening, saying the union is responsible for its “inability to make its monthly contribution to Central States Funds.” The less-than-truckload carrier made a request to Central States in June to defer upcoming benefits payments as it attempts to come to terms with…
The shipping industry has placed a massive bet on liquefied natural gas as an alternative fuel — as a bridge between traditional fuel oil and whatever comes next, whether it’s methanol, ammonia, hydrogen or something else. Shipowners have spent billions of dollars fitting ships to burn LNG. What if they’ve made an extremely expensive mistake?…
Less-than-truckload carrier XPO announced Wednesday a change at the chief financial officer position. Current CFO Carl Anderson is resigning effective Aug. 11 “to rejoin a former colleague in an industry where he worked for over a decade.” Anderson has been with XPO (NYSE: XPO) less than one year. Kyle Wismans, current senior vice president of…