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The variances within the carriers’ price hikes indicate what services are seeing the most pressure from competitors, experts say.
Fortune: The largest freight bankruptcy in history punched a $5 billion hole in the economy, cost 30,000 jobs, and left the taxpayer holding the bag for a COVID bailout
A long-shot deal could revive Yellow and bring back some of its lost 30,000 jobs—the U.S. taxpayer has a decision to make.
The pricing environment has shifted in favor of shippers with demand cooling off, according to the TD Cowen/AFS Freight Index.
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DC Velocity: Beset by loose capacity and weak demand, where do parcel express carriers go from here?
Shippers are regaining pricing leverage as an uninspiring peak season has carriers pining for pandemic-era volumes.
Less-than-truckload freight once hauled by Yellow is being “reallocated” among carriers, and rates are rising, but an underlying economic impetus for a surge in LTL
US truckload shippers are showing more “sensitivity” to supply and service issues, supporting a new spot market pricing floor but not giving rates much lift,