News
Delivery robots vs. Hollywood; Yellow makes it official; and 3PLs get scrappy – WTT
On today’s episode of WHAT THE TRUCK?!? Dooner is talking about a delivery robot viral video straight out of Hollywood. We’ll take a look at what happened to Serve Robotics’ bots when they took to the streets of Los Angeles.…
Crossword Puzzle Solution for August 7, 2023
Here's the solution to the crossword puzzle found in the August 7, 2023 print edition.
Cargo operator Western Global Airlines files for bankruptcy protection
Western Global Airlines, which operates chartered cargo jets for the U.S. military and other customers, on Monday filed for Chapter 11 bankruptcy protection and announced it will restructure with the help of $77 million in…
Sorting out Yellow’s secured debt: Ratings agency doesn’t declare default yet
One aspect of the Yellow bankruptcy that looms in the background is that the LTL carrier has not defaulted on its senior secured debt and may not do so. Buried within a more than 300-page document that spells out the…
Next-gen routing solution promises to boost profitability, service levels
The current freight recession has forced companies across the logistics industry to focus their attention on cutting out waste and safeguarding profits. In order to reduce costs and improve service, organizations must be…
BNSF’s Q2 earnings slide 24% on lower freight volumes
BNSF’s net income for the second quarter of 2023 fell 24% year over year (y/y) from $1.66 billion to $1.26 billion. Parent company Berkshire Hathaway attributed the second-quarter earnings decline primarily to lower overall…
TFI acquires truck transport provider JHT
TFI International Inc. said Monday it has acquired JHT Holdings Inc., an asset-light North American transportation provider for Class 6-8 truck manufacturers. Terms of the transaction were not disclosed. The deal is expected…
A New Spirit Confronts the Consequences of Colonialism
Lille Allen https://punchdrink.com/articles/since-ogogoro-spirit-tunde-wey/
Cargo Airline Western Global Goes Bankrupt
Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.
Stonegate to offer farmers bird flu insurance in industry first
Farmers Weekly Egg producers supplying one of the UK’s biggest packers and whose operations are disrupted by avian influenza are to be covered by business interruption insurance for up to six months. Stonegate says it has…
