Yellow Corp. Faces Bankruptcy and Launches Lawsuit
Yellow Corp. Faces Bankruptcy and Launches Lawsuit June 29, 2023 Yellow Corporation, one of the largest transportation companies in the United States, is on the verge of bankruptcy. Yellow Corporation Faces Bankruptcy Amidst Financial Struggles Yellow Corporation, one of the largest transportation companies in the U.S., is on the verge of bankruptcy. Despite receiving a […]
I-95 Reopening This Weekend After Collapse
I-95 Reopening This Weekend After Collapse June 22, 2023 The Unexpected Outcome: Why the Collapse Didn’t Have the Predicted Impact Governor Shapiro Announces Rescheduled I-95 Reopening Governor Josh Shapiro announced that the reopening of Interstate 95 in northeast Philadelphia has been rescheduled for this weekend. This announcement came just three days after an initial two-week […]
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 […]
For some owner-operators, it looks like the end of the road
For some owner-operators, it looks like the end of the road March 2, 2023 More than a third in FreightWaves Research survey say they’ll leave industry if H2 doesn’t rebound In an article posted by Fright Waves, Joe Antoshak discusses the real reasons behind many owner-operators wanting to leave the freight industry: “The current market […]
What’s behind the never-ending freight brokerage layoffs
What’s behind the never-ending freight brokerage layoffs February 23, 2023 Freight brokerages hired too many employees over 2021 and 2022, and that tide is now turning In an article posted by Freight Waves, Rachel Premack discusses how the freight brokerage industry is seeing massive increase in layoffs: “In a time of record-low unemployment, a crucial […]
Cummins replaces 2 legacy engines with new X10 powertrain
Cummins replaces 2 legacy engines with new X10 powertrain February 23, 2023 New engine will meet 2027 emissions standards and run on multiple fuels In an article posted by Freight Waves, Alan Adler discusses the new Cummins X10 powertrain which runs on multiple fuels and greatly reduces emissions: “Cummins Inc. will retire its L9 and […]