News
August 28, 2023
Republic Steel Ordered to Pay $4.6M in Breach of Contract Case; Announces Layoffs After VerdictAugust 28, 2023 – In a significant legal decision, Republic Steel, based in Ohio, has been ordered to pay nearly…
August 22, 2023
The Real Estate Gold Rush: The Yellow Trucking SagaIf you’ve been following the logistics sector or if you’re just a fan of corporate dramas, you’ll find the bankruptcy…
August 17, 2023
The Growing Concern of Double Brokering in the Logistics IndustryLogistics and supply chain operations often run smoothly, akin to a well-oiled engine. However, like any engine, there are weak…
August 16, 2023
FMC Probes Claims That MSC Overcharged Customers For D&DMSC may face charges relating to alleged violations of the US Shipping Act following an Federal Maritime Commission (FMC) probe…
August 15, 2023
China’s Economic Downturn is Impacting Major American CompaniesChina’s economic slowdown and its ensuing impact on global businesses is a multi-faceted issue that requires a deeper dive to…
August 14, 2023
China and US Give the Green Light to Double Flights in Rare Show of Cooperation Between RivalsWashington agrees to approve 24 round-trip flights by Chinese carriers per week from late October and says Beijing will reciprocate…
August 8, 2023
Maersk Implements Cost-Cutting Measures Amid Prolonged Container DownturnIn response to a contracting container shipping market, A.P. Moller-Maersk, a Danish shipping giant, is focusing on cost-cutting measures. Despite…
August 3, 2023
Yellow’s Shutdown: PNG Worldwide Steps Up to Help Shippers Navigate Rising LTL RatesThe recent and unexpected shutdown of Yellow, a leading less-than-truckload (LTL) provider with a worth of $5.2 billion, has created…
August 2, 2023
TForce Freight Ratify Contract with TeamstersThe International Brotherhood of Teamsters announced on Monday July 31st, that employees at TForce Freight ratified a five-year contract, with…
July 31, 2023
Trucking Giant Yellow Shuts Down OperationsThe abrupt closure of Yellow, one of the U.S.’s oldest and largest trucking businesses, marks a significant event in the…