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YDD is dedicated to the news that moves the world… Logistics.

01/30/2024

“Unfortunately, driving to a border town is not the best way to make an impact. If a group wants to bring attention for the mainstream media to report on the protest, the convoy would be better off showing up on the streets of New York City or Washington, D.C.”

(The Center Square) – Texas sheriffs and some residents have a message for a trucker convoy scheduled to come to the Texas border on Feb. 3: “Don’t come.”

01/29/2024

The American customer should be able to decide what technology makes most sense for them, not the federal government,” the governors, all Republicans, contended. “There are a number of reasons why consumers are leaving these cars on dealership lots — the cost, the infrastructure required and the battery content requirements are untenable for today’s car buyers.”

Governors from 16 states have sent a letter to President Joe Biden, asking him to rescind his electric vehicle mandates in favor of letting the market determine adoption.

01/27/2024

“With volumes stabilizing and capacity contracting, the for-hire Supply-Demand Balance has been signaling an impending increase in freight rates for a few months,” explained Tim Denoyer, ACT’s vice-president and senior analyst

The latest data reflects improving conditions for truckers, an uptick in for-hire truck tonnage to end the year, and a jump in spot market prices. Lower

01/26/2024

Projections predict that the cost of hydrogen fuel will continue to decline relative to diesel fuel as the adoption of this novel technology proliferates across diverse industries.

Trucking Business Reduction in Expenses for Maintenance - Through my years in the commercial transportation industry, I've observed firsthand

01/26/2024

The truckload giant posted a loss for the fourth quarter that was driven by its third-party insurance business

The truckload giant posted a loss for the fourth quarter that was driven by its third-party insurance business.

01/26/2024

Since the apprenticeship program’s launch in July 2022, however, only 112 motor carriers have even applied, according to data from the SDAP. Out of that, only 34 have been approved, with another 36 “pre-qualified,” meaning they could participate soon. So far, just 13 drivers have graduated. The program’s only supposed to last for three years.

Lawmakers want to roll back safety rules the trucking industry says hinder participation in an apprenticeship program.

01/25/2024

Designed to handle a wide variety of shipping needs, the property is equipped with 58 dock doors to provide full-service warehousing, including pick and pack services, short- and long-term storage, and multiple temperature-controlled areas for food logistics and life sciences commodities.

AIT Worldwide Logistics opened a new LEED-certified office and warehouse in Palatine, Illinois to serve as the company’s unified Chicago location.

01/25/2024

Bay & Bay Transportation Services will pay $230,000 to settle allegations that it failed to protect the personal information of 6,739 current and former employees that was exposed in a 2021 data breach, under a deal given final approval by a federal court.

01/24/2024

Cleveland -based KODIS Holdings, a collection of niche logistics companies, has completed the acquisition of Syracuse -based Empire Freight Logistics. This is KODIS' most recent acquisition since purchasing Tomball, Texas -based Standard Freight Logistics in July 2021

KODIS Acquires Empire Freight Logistics to Strengthen and Diversify Service Offering

01/24/2024

The closure will result in the layoffs of 85 company employees and 15 temporary workers, a Pitney Bowes spokesperson said Monday afternoon.

More than six months after announcing a partial closing and layoffs, a Greenwood shipping facility will completely shut down in March.

01/24/2024

Kodiak Robotics, a California-based autonomous trucking company, has launched its first infrastructure installment in Houston with an eye on moving to fully driverless trucks by the end of the year.

Autonomous trucks carrying freight in and out of Houston have a new home thanks to a California company's new facility.

01/23/2024

The plaintiffs claim that the defendants are trying to sell off TuSimple's its assets quickly, and delisted it from the Nasdaq stock exchange, in order to take the proceeds and more trade secrets to China so they can escape federal scrutiny and get out of reach of U.S. courts.

The case involves claims the company's founders shared trade secrets, including some with national security implications.

01/23/2024

I-80 is one of the longest interstates in America and one of the busiest since it goes coast to coast. That puts a lot of trucks on the route, loaded up with the meat, milk, produce and other foods we all need every day.

Truck drivers are the unsung heroes of our modern world, keeping us all well fed while we stay home, warm and happy, through the worst snowstorms. And the worst snowstorms usually happen on I-80.

01/23/2024

“Maybe someone had a conversation with him at some point, or there is a family member of a victim who thinks that Garry Artman was a perpetrator in whatever crime was committed,” Russo said. “Even if the information is old, it could be helpful.”

A man charged in connection with a Frederick County, Maryland, murder who recently died in prison may have been a serial killer, according to Maryland State Police.

01/22/2024

There are a lot of other companies that are starting to look at either buying Mexican companies or investing in leadership, and we think right now is the perfect time for Cargado,”

Matt Silver launches US-Mexico logistics startup Cargado with $3 million in pre-seed funding. Matt Silver launches US-Mexico logistics tech startup Cargado

01/22/2024

Unlike private cars that sit idle most of the time, those trucks may be in use most of the work day. That’s why increasing the number of electric trucks is so important to reducing transportation emissions in the US.

Electric trucks are taking on more short haul delivery and drayage tasks in the United States and drivers couldn't be happier.

01/22/2024

“While there are fewer carriers in the LTL universe and the top 25 handle over 90% of the market, the complexity of moving LTL freight means that digitization in this part of the logistics industry has been more challenging than truckload,” said Greg West, Vice President for LTL at C.H. Robinson.

First and farthest in driving adoption, 3PL C.H. Robinson has implemented NMFTA’s eBOL standards with 10 of the top carriers for the benefit of over 17,000 customers.

01/22/2024

More jobs in the apparel supply chain are being thinned out, with Fanatics and Locus Robotics both laying off staff.

The online sports apparel retailer will begin its 218 layoffs April 1 as it winds down operations at its Jacksonville fulfillment center.

01/22/2024

Experts say the industry was about 64,000 drivers short last year, and this year it’s expected to reach a record-high of more than 82,000.

01/21/2024

The Gamestop Fulfilment Center’s closure and layoffs are scheduled to take place between March 15, 2024, through to September 30, 2024.

YORK, Pa. (WHTM) — A local fulfillment center in York County recently announced that it will soon be closing. According to the Pennsylvania Department of Labor and Industry’s WARN notic…

01/20/2024

Logistics giant Flexport is raising $260 million from partner and e-commerce titan Shopify after burning through hundreds of millions of dollars last year, per a report in The Information.

Logistics giant Flexport is reportedly raising $260 million from partner and e-commerce titan Shopify after burning through hundreds of millions of dollars last year.

01/19/2024

A federal judge has sentenced a Las Vegas man to supervised release and six months of house arrest for his role in an embezzlement scheme to defraud the trucking company where he worked out of more than $112,000.

A Las Vegas man has been sentenced to supervised release and six months of house arrest for his role in a scheme to defraud the trucking company where he worked out of more than $112,000.

01/19/2024

In the entire argument over margins and rates and reporting, a conspicuous lack of trust between the NOOA-affiliated owner-ops and DAT made reconciling the two accounts of the market almost impossible.

DAT's Ken Adamo tried to show that brokers take, on average, margins less than 15%, yet many owner-operators aren't buying it.

01/19/2024

In their announcement of the deal, the Haslams said Pilot had more than 750 locations across 44 states and six Canadian provinces.

The Haslam family has exercised its option to have Berkshire Hathaway buy the final 20% of Pilot Travel Centers it did not already own.

01/18/2024

Panama Canal Administrator Ricaurte Vásquez now estimates that dipping water levels could cost them between $500 million and $700 million in 2024, compared to previous estimates of $200 million.

PANAMA CITY — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes.

01/18/2024

Clients and partners will benefit from watertight assurances around cargo quality, process efficiency, safety and security.

The supply chain is being tested - but in this age of geopolitical turbulence and trade uncertainty, quality data brings optimism and calm.

01/18/2024

“So even with lower freight volumes, many carriers that might have gone out of business are managing to hang on.”

Trucking’s lingering freight recession, combined with a steep decline in spot market rates for carriers over the last 18 months, is tightening capacity, according to FMCSA data and FTR Intel.

01/17/2024

“[Parking] is not something that gets fixed quickly and easily,” Oliver said. “I think the raised awareness will certainly contribute to it not getting worse, but I don't expect it to magically improve and become amazing this year.”

Experts weigh in on what 2024 may hold for truck parking after last year’s raised awareness.

01/17/2024

“So even with lower freight volumes, many carriers that might have gone out of business are managing to hang on.”

Trucking’s lingering freight recession, combined with a steep decline in spot market rates for carriers over the last 18 months, is tightening capacity, according to FMCSA data and FTR Intel.

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