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- WARN Act claims against Yellow likely to be reducedby Todd Maiden on December 20, 2024 at 10:02 pm
A Thursday opinion from a federal bankruptcy judge said Yellow didn’t provide proper notification ahead of layoffs but its actions were in good faith, meaning the claims may be reduced. The post WARN Act claims against Yellow likely to be reduced appeared first on FreightWaves.
- Reverse stock splits: Often a path to oblivionby Alan Adler on December 20, 2024 at 4:00 pm
Reverse stock splits offer an immediate - if artificial - benefit to companies struggling with low stock prices. But they rarely work out long term. The post Reverse stock splits: Often a path to oblivion appeared first on FreightWaves.
- A stand-alone FedEx Freight gives LTL investors another pure playby Todd Maiden on December 20, 2024 at 3:56 pm
A spinoff of FedEx Freight will give investors more options to play the less-than-truckload space. The post A stand-alone FedEx Freight gives LTL investors another pure play appeared first on FreightWaves.
- Globalized trade vs. US protectionism: Round 2by FreightWaves Staff on December 20, 2024 at 3:38 pm
Current forecasts indicate a significant escalation in tariff levels, potentially rising to an imposing 75% on Mexican goods by September 2026, aligning with a strategic pivot toward a protectionist trade policy. The post Globalized trade vs. US protectionism: Round 2 appeared first on FreightWaves.
- EPA OKs California’s tighter diesel NOx rule; can waiver survive under Trump?by John Kingston on December 20, 2024 at 3:01 pm
California has received a waiver that allows tighter rules on diesel emissions; will it have a short shelf life? The post EPA OKs California’s tighter diesel NOx rule; can waiver survive under Trump? appeared first on FreightWaves.
- FedEx’s divestiture of LTL business marks end of conglomerate eraby Craig Fuller, CEO at FreightWaves on December 20, 2024 at 2:52 pm
FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers sought to provide comprehensive transportation solutions for their customers. The post FedEx’s divestiture of LTL business marks end of conglomerate era appeared first on FreightWaves.
- The freight broker transparency fight four years in the makingby Thomas Wasson on December 20, 2024 at 1:00 pm
The freight broker transparency fight four years in the making is shining a light on tensions between brokers and carriers The post The freight broker transparency fight four years in the making appeared first on FreightWaves.
- Tariffs could reshape North American supply chains for autos, lumber, agrifoodsby Noi Mahoney on December 20, 2024 at 12:00 pm
Cross-border trade flows for industries such as autos, lumber and agrifoods could be affected by President-elect Donald Trump’s proposed tariffs, experts said. The post Tariffs could reshape North American supply chains for autos, lumber, agrifoods appeared first on FreightWaves.
- FedEx to spin off LTL unit; lowers full-year guidanceby Todd Maiden on December 19, 2024 at 10:18 pm
FedEx said Thursday it will move forward with the separation of its less-than-truckload and legacy package delivery businesses. The post FedEx to spin off LTL unit; lowers full-year guidance appeared first on FreightWaves.
- Strike against Amazon reveals complicated interrelationship among warring partiesby John Kingston on December 19, 2024 at 8:08 pm
Surveying the issues in the strike against Amazon by the Teamsters union and defining an “employee” can get tricky. The post Strike against Amazon reveals complicated interrelationship among warring parties appeared first on FreightWaves.
- Truck fuel economy improves, according to NACFE Fleet Fuel Studyby Thomas Wasson on December 19, 2024 at 7:00 pm
The North American Council for Freight Efficiency’s recent fleet fuel study highlighted truck fuel economy gains of 7.77 mpg compared to the national average of 6.9 mpg in 2023. The post Truck fuel economy improves, according to NACFE Fleet Fuel Study appeared first on FreightWaves.
- Tender rejections soar to 8.36%, highest level since June 2022by Craig Fuller, CEO at FreightWaves on December 19, 2024 at 5:42 pm
Tender rejection rates have surged to 8.36%, marking the highest point since June 2022 and a massive one-week surge of 190 basis points. This is the sharpest increase in a The post Tender rejections soar to 8.36%, highest level since June 2022 appeared first on FreightWaves.