Texas trucking company, affiliates file for bankruptcy liquidation
2024年10月17日 · However, six companies have filed a proof of claim with the bankruptcy court against Sunset Logistics, amounting to over $3.7 million. J. Gil Trucking, an intrastate trucking company in Alvin, Texas, filed a claim, stating that it is owed more than $82,000 for its services hauling sand and gravel for Sunset Logistics.
FreightWaves Infographics: Over 600 layoffs hit supply chain firms …
2024年10月23日 · To view more FreightWaves infographics, click here. FreightWaves Infographics: Over 600 layoffs hit supply chain firms in California, Illinois and New York
Illinois carrier lays off most of its company drivers
2024年10月21日 · A source said Merx Global, which hauls general freight and hazardous materials, kept on about 20 company drivers, who live in Illinois and Indiana, to run regional routes for the carrier.. FreightWaves has reached out to Christian Peneff, president of Merx Global, for comment. One former company driver, who hauled hazmat tankers for Merx Global, said she was unaware that she and most of Merx ...
Old Dominion Q3 first look: EPS beats but ‘ongoing
2024年10月23日 · Old Dominion will host a call to discuss third-quarter results at 10:00 a.m. EDT on Wednesday. (Photo: Jim Allen/FreightWaves) Old Dominion Freight Line’s third-quarter results were slightly ahead of analysts’ expectations, but many of its operating metrics continued to “reflect ongoing softness in the domestic economy.”. The ...
#1 Logistics, Freight and Transportation News - FreightWaves
4 天之前 · COVID-19, a shift in China’s main focus, an imbalance in U.S. trade with China and more all mean reassessing how nations engage with global trade. ... Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news.
Impacts from Hurricane Milton waning - FreightWaves
2024年10月21日 · Over the past week, the initially reported contract rate rose by 2 cents per mile to $2.33. The initially reported contract rate is just 2 cents per mile, or 0.85%, lower than it was this time last year. For reference, at the beginning of May, the initially reported contract rate was nearly 7% lower y/y.
First look: LTL operating income falls at TFI International
2024年10月21日 · A preliminary look at third-quarter earnings at TFI International: Less-than-Truckload operating income at TFI International (NYSE: TFII) was $96 million in the third quarter compared to $125.6 million in the corresponding quarter a year earlier “due to weak market conditions in the U.S.,” according to the company’s prepared statement.
Leaders share strategies to maximize FreightTech investment in …
2024年10月18日 · FreightTech leaders share strategies at TIA Technovations. (Photo: Grace Sharkey/FreightWaves) PONTE VEDRA BEACH, Fla. – Logistics technology leaders who recently gathered at the Transportation Intermediaries Association’s Technovations event highlighted challenges of balancing technology investment with budget constraints in the current ...
Supply Chain, Logistics, and Trucking News & Data - FreightWaves
2024年10月28日 · Trucking. FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy.
Check Call: The future of talent in the supply chain
2024年10月22日 · The title of the paper, appropriately, is “Developing the Next Generation of Supply Chain Planning Talent and Leadership.”. Finding qualified employees and retaining them is an area that all organizations are struggling with. The study identified five key concerns. One is the shift in work modalities. The adoption of remote work and hybrid ...