On the Bubble
Generative AI Driving Freight Brokerage Transformation
Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.
September 18, 2024USPS to End Discounts for Consolidators Including UPS, DHL
The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.
September 11, 2024UPS to Acquire German Cold Chain Company
UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.
September 10, 2024UPS to Lay Off More Employees to Boost Profitability
UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
September 10, 2024Michigan to Allow Hazardous Transport on Ambassador Bridge
The decision, repealing measures in place since 2014, follows a six-month review of input from the public, law enforcement and first responders.
September 5, 2024Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal
The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.
September 5, 2024Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say
The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.
August 29, 2024Estes Purchases Seven Former Yellow Terminals
Estes has closed on lease purchases for seven terminals across the country that used to belong to the defunct carrier Yellow Corp., the company announced Aug. 22.
August 26, 2024Kenan Advantage Group Acquires Chemical Transporter TransVac
Kenan Advantage Group on Aug. 20 announced that it acquired specialty transportation provider TransVac.
August 23, 2024Mike Gannon Appointed to Lead CRST
CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.
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