News
FMCSA advisory panel targets predatory leasing contracts
WASHINGTON — A new panel set up to advise federal regulators is looking into limiting — or eliminating — the ability of a trucking company to wield financial power over a driver through truck lease-purchasing agreements. The…
Freightos laying off 13% of employees as revenue weakens
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to stem mounting losses as revenues…
Kristen Kish Will Replace Padma Lakshmi as the Host of ‘Top Chef’
Kristen Kish is joining Tom Colicchio and Gail Simmons for Top Chef Season 21, set in Wisconsin. David Moir/Bravo via Getty Image It’s a full circle move for Kish, who won “Top Chef” Season 10 in 2013 When Padma Lakshmi…
UPS Schedules Later Release of Midyear Earnings
UPS Inc. investors will wait longer than usual to hear from CEO Carol Tomé this quarter as the company works to avoid a harmful worker strike.
Cargo Airline Association’s Alterman ends 40-year leadership run
The Cargo Airline Association, which represents ABX Air, Atlas Air, FedEx and UPS in the halls of government, has named Lauren Beyer, the vice president of security and facilitation at Airlines for America (A4A), to succeed…
Amazon Prime Day Invite-Only Deal Targets Buyer Frustration
Amazon.com Inc is alleviating some past Prime Day frustrations by dangling an “invite-only” promotion designed to give customers a better shot at snagging the bargains they want.
CARB Deal With OEMs to Benefit Trucking Companies Too
Carriers are set to see lower vehicle costs as a result of a July 6 emissions deal between the California Air Resources Board and truck and engine manufacturers, observers say.
In the First Trailer for ‘Wonka,’ Timothée Chalamet Makes Magical Chocolate
Timothée Chalamet asks us to “quiet up and listen down” in the first trailer for Wonka. Screenshot via trailer And takes on a notorious chocolate cartel After almost two years of sporadic peeks and too-little information,…
Less Than a Quarter of F&B Leaders Are Highly Knowledgeable About Smart Manufacturing: Rockwell Automation
Only 23% of food and beverage leaders said they’re extremely familiar with smart manufacturing, compared to 48% of CPG leaders in home and personal care who said the same, according to the eighth edition of Rockwell…
ZS Fund Unites Lily Transportation, Transervice
Private equity firm ZS Fund has acquired dedicated contract carriage company Lily Transportation Corp., the company announced July 11.
