FreightTech industry isn’t what it was a year ago
Project44’s Jett McCandless comments on the state of technology as the company completes a round of layoffs on Thursday. Read More »
Orders for freighter aircraft slow ‘to a trickle’
Too many freighter aircraft, especially single-aisle passenger conversions, are entering the market and lowering lease rates. But production continues to hum because cargo operators need more aircraft over the long term to support e-commerce growth and replenish aging fleets. Read More »
Estes sets new floor of $1.525B for Yellow terminals
Less-than-truckload carrier Estes’ latest stalking horse bid for Yellow’s terminals replaces an offer made by competitor Old Dominion. Read More »
7 years, 7 figures: Driver suit against Knight settled for small sum
In what is far from a nuclear verdict, a long-running suit against Knight Transportation in California was settled for $400,000. Read More »
Panama Canal Authority: Vessel transits may be reduced if drought persists
The Panama Canal Authority on Tuesday suspended bookings for super vessels through Sept. 30 in its latest measure to remove a backlog waiting to traverse the canal. Read More »
California Senate votes to ban driverless trucks
The California Senate passed a bill to ban heavy-duty driverless trucks, leaving it to Gov. Gavin Newsom to sign or veto the legislation. Read More »
CH Robinson expands border footprint with major facility in Texas
Brokerage giant C.H. Robinson has opened a 400,000-square-foot cross-dock distribution center in Laredo, Texas. Read More »
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Content retrieved from: https://www.freightwaves.com/news. for Jupiter SCM
