Major Layoffs in Washington and Oregon as Logistics Company Shifts Operations
Major logistics company, Penske Logistics, recently filed notices indicating plans to cut over 200 truck driver and warehouse jobs in Washington and Oregon by March 31.
FMCSA Proposes CDL Requirement Changes to Increase Flexibility
The Federal Motor Carrier Safety Administration (FMCSA) is gearing up to make some changes to Commercial Driver's License (CDL) requirements, aiming to add more flexibility to the process.
Major Truck Manufacturers Join Forces in PACT to Accelerate Electric Truck Infrastructure
Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.
Controversial Truck Speed Limiter Rule Faces Another Delay
The controversial truck speed limiter rule from the federal government is facing yet another delay and is now expected to be published in May.
Federal Funding Injected to Address Truck Parking Shortages Across the U.S.
The U.S. Department of Transportation has allocated a whopping $292 million in federal funding to support infrastructure projects aimed at enhancing truck drivers' access to safe parking.
Dry Van Freight Contracts Fall
While contract and spot prices in the transportation industry have been narrowing, there's still a significant gap between the two, as pointed out by Adamo.
Walmart's Unique Approach to Truck Driver Retention
With approximately 14,000 drivers, Walmart has one of the industry's most elite driving forces and has added 5,800 drivers in the past five years.
C.H. Robinson Revolutionizes Shipping with Electronic Bills of Lading
C.H. Robinson, a third-party logistics provider, is stepping up its game by going digital with electronic bills of lading (eBOLs).
Shares Soar as Spirit and JetBlue Appeal Ruling Blocking Merger
Shares of Spirit Airlines surged approximately 10% following the announcement that both Spirit and JetBlue plan to appeal a federal judge's ruling against their merger on antitrust grounds.
Winter Storms Ravage U.S., Bringing Snow, Ice, and Tragedy
The U.S. is in the grip of extreme winter weather, causing disruptions and tragic incidents across the country.
Warren Buffets Company Completes Acquisition of Pilot Travel Centers
Warren Buffett's Berkshire Hathaway has completed its acquisition of the final 20% stake in Pilot Travel Centers, a major truck-stop operator.
Canadian Authorities Suspend Trucking Companies After Tunnel and Highway Accidents
Canadian authorities have taken action against two Vancouver-area trucking companies following accidents involving their vehicles.
Federal Judge Blocks JetBlue's Acquisition of Spirit Airlines
A federal judge has put the brakes on JetBlue Airways' acquisition of Spirit Airlines, a deal valued at $3.8 billion, stating that it would negatively impact price-sensitive consumers by removing the discount carrier from the market.
Uber to Close Drizly Alcohol Delivery App
Uber is bidding farewell to its alcohol delivery app, Drizly, which it acquired for a substantial $1.1 billion investment three years ago.
Extreme Weather Tops List of Supply Chain Risks in 2024
Extreme weather events are emerging as the foremost concern for supply chains in 2024, according to a report by Everstream Analytics.
SpaceX Successfully Tests Starlink's Direct-to-Device Text Service via T-Mobile Network
SpaceX achieved a significant milestone by successfully transmitting text messages via its Starlink satellites using T-Mobile's network.
New Federal Rule Sparks Debate Over Independent Contractor Classification
In a significant move, the Biden administration has introduced a federal rule that could compel businesses to reclassify independent contractors as employees.
FedEx Expects Significant Business Loss with USPS
FedEx is anticipating a significant loss of business with the U.S. Postal Service when its current contract expires.
FDA Approves Florida's Plan to Import Affordable Canadian Medications
The Food and Drug Administration has given Florida the green light to import medications from Canada - a move aimed at lowering drug prices in the United States.