WASHINGTON — A group of trade associations is warning federal regulators against including data the groups consider too old and irrelevant for use in developing a rule aimed at determining if a trucking company should…
Last week, Maersk management announced that the company was suspending its share buyback program and cutting its dividend by 88%, signaling the end of an era when managing and deploying an enormous excess of capital was…
A going concern bid for the remaining assets of bankrupt Yellow Corp. appears to be back on the table. A ballot sent to local union heads asks members to agree to settle their WARN Act claims against Yellow with the…
International Roadcheck will be May 14-16 this year, a few days earlier on the calendar than it was in 2023. Legend holds that many truck drivers park their rigs for a few days to avoid stepped-up police activity during…
Everything is bigger in Texas, including traffic jams for truckers, according to the American Transportation Research Institute (ATRI). ATRI released its 13th annual list Tuesday highlighting the most congested roadways…
For only the second time in recent history, Mexico was the top overall U.S. trading partner for the year. Mexico’s trade with the U.S. rose 2.5% year over year (y/y) to $798 billion in 2023, boosted by exports of…
WASHINGTON — The Senate may soon consider a three-year tax package that includes financial benefits for both large and small trucking companies. It passed the U.S. House of Representatives with strong bipartisan support…
WASHINGTON — A proposed rule aimed at cracking down on junk fees charged to consumers has caught the attention of the Federal Motor Carrier Safety Administration. The proposed rule, issued by the Federal Trade Commission…
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Shearer’s Foods is permanently closing a production facility in Lubbock, Texas, and laying off all 176 workers, according to a filing with the Texas Workforce Commission (TWC). The Massillon, Ohio-based company is a…
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The logistics industry has undergone significant changes over the years, responding to…
Forward Air CEO Thomas Schmitt, who engineered the acquisition with Omni Logistics that has sliced a massive amount of shareholder value, then tried to get out of it and then ultimately closed the deal, is out at the LTL…
There was little positive in the Uber Freight portion of Uber Technologies’ fourth-quarter earnings as its revenue and bottom line continue to languish. Earnings before interest, taxes, depreciation and amortization at…
