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7 Trucking companies file bankruptcy on the same day as hundreds of truck drivers lose their pensions, 401k's, and life savings
Image Credit: Quickway Carriers ...
The global air freight and logistics market is tied to global gross domestic product (GDP) and is expected to grow at a 6.6% compound annual growth rate (CAGR) between 2024 and 2032, particularly due ...
A new tool from AI company Algorhythm Holdings has made trucking companies the latest victim of the market's AI jitters.
[Stay on top of transportation news: Get TTNews in your inbox.] A downturn in international trade combined with geopolitical conflicts and economic uncertainty created a challenging business ...
[Stay on top of transportation news: Get TTNews in your inbox.] The world’s largest transportation and logistics providers have been operating in a highly volatile business environment this year as ...
The Great Freight Recession, which began in 2022 and continues into 2026, has impacted trucking and logistics companies with reduced shipping demand, lower freight rates, and rising costs of labor, ...
The trucking industry is an invaluable component of everyday life in America, and one that keeps the nation moving forward. From the food that fuels us to the clothes we wear, the medicine we take, ...
Prepared by SJ Consulting Group, Inc. “We focus on our people, listen to our customers and, we do what we say we’re going to do,” says Geoff Muessig, Pitt Ohio’s executive vice president and chief ...
The global shipping industry has been stuck in a so-called freight recession as companies worked through bloated inventories. However, many have now begun to replenish those supplies. Juliana ...
Cross border freight specialist Hector Adrian Esquivel Rodriguez, known to Overdrive readers from past coverage of the gray market for MC numbers as well as one hilarious run-in with an annoying ...
AI has become the new Grim Reaper for stock market sectors. Over the last several weeks, it’s been knocking on the doors of ...
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