Truckers threaten to boycott Florida over migrant crackdown

Social media exploded over the weekend with reports of truck drivers planning to boycott moving freight into or out of Florida in response to the state’s new law regarding migrants.  The state government recently passed a bill targeting undocumented immigrants by requiring employers to check that workers are authorized to work in the U.S. The…

Optimism fades for airfreight recovery on slow-healing inventories

Since late last year, air logistics executives have engaged in wishful thinking that the protracted downturn in shipping demand would start to recover after the first quarter and build through the year once retailers cleared out excess inventories. That rosy scenario is fading. Worsening indicators suggest the international freight recession hasn’t hit bottom and that…

TuSimple stock delisted from Nasdaq due to unfiled financial reports

TuSimple shares will vanish from the Nasdaq on Monday. The one-time leader in autonomous trucking software failed to file two corporate financial reports for 2022 on time. It is the latest setback for the San Diego-based startup. TuSimple led the way to public trading among autonomous trucking software competitor. Its April 2021 initial public offering…