News
July 24, 2020
YRC’s government loan lifeline changes LTL landscape for rival carriers, shippersRival LTL carrier executives and YRC customers were stunned by what is the largest freight financial transportation assistance from the…
July 1, 2020
YRC gives government 30% stake in its latest financial bailoutYRC Worldwide (NASDAQ: YRCW) unveiled plans of a new $700 million lending agreement with the U.S. Department of the Treasury,…
June 22, 2020
USPS, facing fiscal calamity, confronts new challenges to international parcel competitivenessThe U.S. Postal Service (USPS) is fighting to keep its head above water amid staggering financial losses related to the…
June 18, 2020
Trucker YRC Seeks to Defer Millions in Benefits PaymentsBy WSJ/Jennifer Smith One of the largest trucking companies in the U.S. is facing new financial strains that could jeopardize…
June 9, 2020
Calling out racism in truckingby Freight Waves / Clarissa Hawes Members of Black Truckers United discuss discrimination, diversity in the trucking industry Michael Ware…
June 5, 2020
FedEx Adds New Delivery Fees to Manage Strain From Coronavirusby WSJ FedEx Corp. is adding surcharges to some shipments in the U.S., following rival United Parcel Service Inc. in…
June 2, 2020
FROM NAFTA TO USMCA – Understanding How the USMCA Differs From NAFTABackground On September 30, 2018, the governments of the United States, Canada and Mexico announced they had reached a trilateral…
May 28, 2020
UPS ROLLS OUT ADDITIONAL PEAK SURCHARGESAs the COVID-19 pandemic continues, carriers have been adding additional surcharges in order to cope. UPS made COVID-related changes to…
May 21, 2020
U.S.-bound shipments see April gains but concerns remainApril 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,…
May 21, 2020
April truck tonnage drops to lowest level since 1994By LM Staff The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for April—at 104.9 (2015=100)— fell 12.2%, following a…