LTL Market Wide Open after Yellow Shutdown
LTL Market Wide Open after Yellow Shutdown August 29, 2023 After Yellow Shutdown, the LTL market has enough capacity to absorb the shipments left open. Yellow Corp. Shutdown and Its Impact on the LTL Industry: The recent shutdown of Yellow Corp. is sending shockwaves through the less-than-truckload (LTL) industry. As a long-standing player in the […]
Impending UPS Strike Threatens Operations
Impending UPS Strike Threatens Operations July 5, 2023 Impending UPS Strike Threatens Economy as Labor Contract Talks Collapse In a major setback for the United Parcel Service (UPS) and the International Brotherhood of Teamsters, negotiations for a new labor contract have abruptly collapsed. The talks, which had been ongoing, came to an unexpected halt at […]
Wildfire Smoke’s Implications on U.S Trucking Market
Wildfire Smoke’s Implications on U.S Trucking Market June 29, 2023 Canadian Wildfire’s Smoke Threatens US Air Quality and Raises Concerns for Crop Yields, Impacting the Trucking Market. Wildfire Smoke Spreads Across the U.S. Smoke from Canadian wildfires has spread across the United States, causing significant air quality issues in the Northeast and Midwest. Originating from […]
TIA Task Force
TIA Task Force June 15, 2023 Transportation industry witnesses a surge in fraudulent activities, prompting the creation of the TIA Fraud Task Force to address the challenges and develop strategies to combat fraud in freight transactions. Rising Fraud in the Transportation Industry Fraudulent activities in the transportation industry have sharply increased since 2021, creating significant […]
West Coast Ports in Crisis
West Coast Ports in Crisis June 14, 2023 Stalled labor negotiations at West Coast Ports threaten to worsen an alarming backlog of shipments, prompting an urgent solution. West Coast Ports Negotiation Deadlock Negotiations between the International Longshore and Warehouse Union (ILWU) and the Maritime Association have reached a standstill. The dispute centers on wages and […]
Under Armour’s inventory up 50% as supply chain loosens
Under Armour’s inventory up 50% as supply chain loosens February 23, 2023 In an article posted by Supply Chain Dive, Ben Unglesbee reports Under Armour’s inventory is up by 50% because of the loosening supply chain: Dive Brief: Under Armour reported its inventory was up 50% YoY to $1.2 billion, more than previously expected for the […]
Uber Freight expects ‘broad-based volume recession’ in 2023
Uber Freight expects ‘broad-based volume recession’ in 2023 February 21, 2023 In an article posted by Freight Waves, John Paul Hampstead takes a look into what the global freight market might look like in the rest of 2023 coming off of a bearish first quarter: “Last week, Uber Freight, the logistics service provider arm of […]
There’s a new inflation warning for consumers coming from the supply chain.
There’s a new inflation warning for consumers coming from the supply chain. February 15, 2023 On CNBC, an article by Lori Ann LaRocco provides important insight into the effect that supply chain struggles have on the value of the consumers’ dollar, just in time for the release of the latest consumer price index data. Her […]
UP.Partners’ Moving World Report breaks down transportation’s past, present and future
UP.Partners’ Moving World Report breaks down transportation’s past, present and future February 15, 2023 High costs are key headwinds facing multibillion dollar industry In an article posted on FreightWaves, Jack Daleo discusses the relationship between the trends in the transportation industry and sustainability. Professionals do not believe hope is lost, but that legislative actions need to be […]