Workers at the first XPO location where the Teamsters successfully negotiated a contract with the LTL carrier have voted to decertify the union. Workers in Hialeah, Florida, near Miami, reached agreement on a contract with XPO almost two years ago, the first time that a Teamsters local had successfully negotiated a contract with the LTL…
The love of the open road, along with quality time spent together, drives their passion for trucking. Although they enjoy the wide-open vistas that unfold outside their truck, they are […]
To view more FreightWaves infographics, click here The post Daily Infographic: US diesel prices have fallen below prices from before Russia’s invasion of Ukraine appeared first on FreightWaves.
A heavy debt load, weak cash flow associated with a significant decline in global air cargo demand and an employee lawsuit are raising questions about the ongoing financial viability of Western Global Airlines, an all-cargo carrier with a fleet of 21 aging aircraft that counts retailer Amazon as its top customer. A review of flight…
E-commerce platform Cart.com has achieved unicorn status following a $60 million Series C round of funding to push its valuation to $1.2 billion. Meanwhile, global supply chain-focused startups Nuvocargo and CargoBot recently secured $36.5 million and $6 million in funding, respectively. While the venture capital market has never been worse for some parts of the…