Investing in veterans to fulfill the much-needed job duties of commercial technicians has been a concentrated goal for some fleets.
October 6, 2023Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Nearshoring Boom Faces Growing Pains
The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.
September 13, 2023FAA Clears UPS Drones for Longer Flights
Two more companies including UPS have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery.
September 6, 2023Used Truck Market Can Likely Handle Yellow Liquidation
Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.
August 31, 2023Flatbed and Cargo Safety Depends on Securement
Making sure flatbed cargo is secured for transit goes beyond meeting applicable regulations, which cannot cover every contingency, experts contend.
August 28, 2023Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
August 17, 2023Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
August 16, 2023Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
August 11, 2023Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023Yellow Files for Chapter 11 Bankruptcy
Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.
August 7, 2023