The sale of the last of the freight terminals owned or leased by bankrupt less-than-truckload carrier Yellow Corp. is set to start Oct. 1, according to a court filing.
Category: News
Biden Administration in Talks to Prevent Dockworker Strike
Pete Buttigieg, Julie Su and Lael Brainard are reportedly urging the United States Maritime Alliance to get to the bargaining table.
Will a Rise in In-Store Shopping Aid Freight’s Recovery?
In-store shopping was already on the rise as the retail sector reset after the turmoil of the COVID-19 pandemic, and the upcoming holiday season is likely to expedite the trend.
Montreal Port Workers Set to Strike Over Wage Dispute
The union, which represents 1,200 dockworkers, gave 72-hour strike notice on Sept. 27 to the Maritime Employers Association.
Toyota Production Falls on Car Safety Scandals, US Recalls
Toyota Motor Corp.’s sales fell again after declines in Japan and China put an end to a short-lived recovery, while production was disrupted by domestic scandals and recalls abroad.
Ex-TuSimple CEO Hou Re-Enters Autonomous Trucking Fray
His new venture — Bot Auto — will operate its own autonomous truck fleet and offer Transportation-as-a-Service to freight customers.
Helene Lashes the South With Wind and Sheets of Rain
CRAWFORDVILLE, Fla. — Hurricane Helene roared ashore as a powerful Category 4 storm in Florida, trapping residents in rising floodwaters and knocking out power to millions of customers.
Fed’s Favored Inflation Gauge Shows Cooling Price Pressures
WASHINGTON — The Federal Reserve’s preferred inflation measure on Sept. 27 provided the latest sign that price pressures are easing, a trend that is expected to fuel more interest rate cuts.
Lithium Battery Fire Halts Work at L.A., Long Beach Ports
Several terminals at the ports of Los Angeles and Long Beach are closed Sept. 27 after a big rig overturned on a vital roadway and the lithium batteries it was carrying caught fire.
Cargo Carriers Fear Port Strike Will Paralyze Half of Trade
The world’s top container carrier is urging customers to move U.S. cargo through East and Gulf Coast ports before the planned start on Oct. 1 of a dockworkers strike.