Flatbed carrier Daseke says no ‘clear visibility’ into recovery, lowers 2023 outlook

Flatbed truckload carrier Daseke pointed to a lack of a seasonal uplift as the basis for lowering its full-year outlook on Tuesday. The company reported first-quarter adjusted earnings per share of 12 cents before the market opened, which was double the consensus estimate but half the year-ago mark. Following the quarter end, the company repaid…

UPS, Teamsters national negotiations begin as supplemental talks conclude

UPS Inc. and the Teamsters union have commenced the national, or master, phase of contract negotiations even though two main supplemental agreements remain unresolved. One of those supplements is the Local 89 Air Rider in Louisville, Kentucky, home of UPS’ Worldport air hub, and the other is located in Northern California. The Teamsters national negotiation…