Crisis. Unsavory. Atrocity. Scam. Those were some of the words thrown around today as the Canadian Trucking Alliance (CTA), member carriers, and Teamsters Canada came to Parliament Hill with their […]
Credit ratings for less-than-truckload carrier Yellow Corp. have been lowered further by Moody’s Investors Service. The credit rating agency on Monday downgraded the carrier’s corporate family rating from B3 to Caa1. “Obligations rated Caa are judged to be speculative of poor standing and are subject to very high credit risk,” Moody’s said. Downgrades were also…
ORLANDO, Fla. — If there were a contest to find the buzzword that sums up the Gartner Supply Chain Symposium, the winner would be clear: AI. Companies boasted about their artificial intelligence bona fides on the floor of the recently concluded show. The flood of emails sent to journalists covering the event, offering up interviews…
The Mexican government has called on Texas to stop even the recently scaled-back state-run cargo truck inspections at the border, which it said have caused long delays and millions of dollars in lost trade. The inspections overseen by the Texas Department of Public Safety (DPS) began May 2 at Veterans International Bridge in Brownsville and…
The startup cargo airline within the Canadian passenger carrier WestJet could be forced to suspend operations barely a month after launching commercial service if the company and its pilots can’t reach agreement on a new contract by Friday. WestJet Group on Monday issued a lockout notice to pilots in response to a 72-hour strike notification…