News - page 29

United Parcel Service Inc. plans to impose hefty fees on large shippers during the holiday season, reflecting the added complexity and cost of an expected crush of online orders amid the coronavirus pandemic. The fees will test the ability of […]

Rival LTL carrier executives and YRC customers were stunned by what is the largest freight financial transportation assistance from the American government for a non-airline company. Trucking’s competitive dynamics changed mightily on July 1 with the U.S. government’s infusion of […]

YRC Worldwide (NASDAQ: YRCW) unveiled plans of a new $700 million lending agreement with the U.S. Department of the Treasury, which in turn will receive a stake of nearly 30% in the company. The July 1 press release outlines the […]

The U.S. Postal Service (USPS) is fighting to keep its head above water amid staggering financial losses related to the coronavirus pandemic and the Trump administration’s refusal to grant the relief the agency says it needs to avoid going broke […]

By WSJ/Jennifer Smith One of the largest trucking companies in the U.S. is facing new financial strains that could jeopardize health insurance coverage for thousands of its workers in the midst of a pandemic. YRC Worldwide Inc., which slashed expenses […]

by Freight Waves / Clarissa Hawes Members of Black Truckers United discuss discrimination, diversity in the trucking industry Michael Ware remembers driving from Oklahoma to northwest Arkansas nearly 16 years ago to apply for a truck driving job. In a […]

by WSJ FedEx Corp. is adding surcharges to some shipments in the U.S., following rival United Parcel Service Inc. in charging more to offset rising costs and manage a surge of packages flowing through its network during the coronavirus pandemic. […]

Background  On September 30, 2018, the governments of the United States, Canada and Mexico announced they had reached a trilateral free trade agreement (in principle), concluding more than 13 months of negotiations. The agreement, dubbed the United States-Mexico-Canada Agreement (USMCA) […]

As the COVID-19 pandemic continues, carriers have been adding additional surcharges in order to cope. UPS made COVID-related changes to their surcharges, specifically as it relates to APAC. Now, however, UPS has announced additional changes to its Peak Surcharges. These […]

April shipments—at 1,126,970—saw a 13% annual increase, well ahead of March’s -10% reading, and on a year-to-date basis through March, U.S.-bound shipments—at 3,836,078—were off 1.6% compared to the same period a year ago, an improvement over the -6.8% year-to-date drop […]