Pilot Freight Services has formed a strategic partnership with American Linehaul Corp. to expand its middle-mile expedited less-than-truckload capabilities, the companies announced Aug. 19.
August 23, 2021Search
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Cowan Systems Implements Driver Incentive Program
Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.
August 23, 2021Private Fleets Face Stiff Competition From For-Hire Carriers in Battle for Drivers
Private fleets once had a clear advantage in the endless competition to hire trained truck drivers and provide them with the equipment needed to move America’s goods. But the disruptions caused by the COVID-19 pandemic have upended that advantage.
August 27, 2021Amazon Became Hedge Fund Favorite Just Before Shares Tumbled
Hedge funds piled into Amazon.com Inc. in the second quarter, putting themselves on the front line of losses as the stay-at-home trade began to unravel.
August 20, 2021The Search for Drivers and the Fight to Keep Them
Although career opportunities in trucking are abundant, the driver shortage has been a thorn in the industry’s side for years, and it has only become more severe as freight demand has surged amid the recovery from the COVID-19 pandemic.
August 20, 2021Supply Chain Challenges Likely to Remain Well Into 2022
As retailers ramp up inventory for a fast-approaching holiday shopping season, experts worry that an already overextended domestic supply chain will be further tested amid overseas ports’ struggles with the COVID-19 delta variant, rising shipping prices and trucking’s persistent and growing driver shortage.
August 19, 2021Just as Things Look Better for Retail, Amazon Rears Its Head
News of Amazon .com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector.
August 19, 2021Ports on Both Coasts Report Strong July Numbers
Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.
August 18, 2021China Port Congestion Worsens as Ningbo Shuts for a Week
The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert from Ningbo amid uncertainty over how long virus control measures in the city will last.
August 18, 2021WTO Says Record Global Trade in Goods Might Be Nearing a Peak
Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by regional imbalances and coronavirus outbreaks that slow economic activity, the World Trade Organization said.
August 18, 2021