The operational shutdown of Yellow Corp (YELL.O), a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said.
Earnings plummet as retailers work through swollen inventory and consumers spend more on in-person experiences
Several thousand truck drivers have fled the freight business this year amid one of the harshest freight recessions in memory.
A tentative deal for one company, and talk of filing for bankruptcy for another. We’ll speak with DAT’s Chief of Analytics about the current status of UPS and Yellow, and how it’s all impacting the freight market.
ICMI’s Contact Center Expo, which brings contact center industry professionals together to tackle the challenges and opportunities that will enable positive growth and change in the contact center industry, today announces the finalists for the ICMI Global Contact Center Awards.
The Pennsylvania Turnpike Commission (PTC) this week approved a 5% toll increase for 2024 for all E-ZPass and "Toll By Plate" customers. The new rates will take effect across the toll-highway system on Jan. 7, 2024.
It was a busy week for trucking-related economic data, which painted a mixed picture. Canadian spot market volumes were steady, but spot market rates in the U.S. remained weak – especially for flat-deckers.
Spot rates in the truckload freight sector may have hit the bottom of their slump cycle, according to data from online freight marketplace operator DAT Freight & Analytics.
Several leading industry reports point toward a freight cycle has hit bottom or will soon. DAT analytics reports June numbers indicate the spot rate bottom has already happened.
June contract rates also fell to their lowest points in almost two years, as spot/contract gap is narrowest since April 2022.