Teamsters members working for TST-CF Express secure five-year deal
Teamsters Canada says it has struck a new five-year deal with TST-CF Express in Ontario, securing a 16.5% raise over five years for its members paid both hourly and by […]
Energy trade between Mexico and the United States reached a record $81.9 billion in 2022
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Q2 likely ‘peak pain’ for trucking companies, Morgan Stanley says
Morgan Stanley trimmed estimates Thursday ahead of earnings season. The firm sees the second quarter of 2023 as the point of “peak pain” for trucking companies and likely the bottom of the cycle. “The quarter began with most companies reporting on 1Q calls that there was virtually no spring seasonal pickup and while this improved…
Amazon Air cuts ties with Silver Airways
Amazon’s private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small feeder routes, FreightWaves has confirmed. Silver Airways, a privately held regional airline based in Fort Lauderdale, Florida, that operates passenger service in the Southeast, the…
Shippers wary of service as labor issues dominate freight news
To subscribe to The Stockout, FreightWaves’ CPG supply chain newsletter, click here. Work stoppage at British Columbia ports now in 6th day Seattle export volume: The Ocean Bookings Volume Index, which represents bookings submitted to ocean carriers, shows a pickup starting at the end of June, presumably as shippers looked for an alternative to the…