Why Walmart pays its truck drivers 6 figures - FreightWaves
Jan 23, 2024 · Last year, Walmart announced another key pivot. The company said in January 2023, building on a pilot it launched the year before, that it would allow Walmart associates living in participating locations to apply to a 12-week CDL program.For perhaps the first time, a Walmart company driver doesn’t need years of experience to get …
Preparing for phase 2 of the Drug & Alcohol ... - FreightWaves
Sep 25, 2024 · There are currently over 175,000 CDL/CPL drivers with “prohibited” statuses in the Federal Motor Carrier Safety Administration’s Drug & Alcohol Clearinghouse. This will be a bigger problem for these drivers and their employers in the coming months. The FMCSA initially slated the Drug & Alcohol Clearinghouse regulation for a two-phase rollout.
Tariffs and retail prices: What consumers need to know
Nov 9, 2024 · Tariffs on retail goods don’t usually directly control the final price that consumers pay. When products are brought into the U.S., the tariff is calculated based on the declared value of the goods at the point of import, not on the retail price at which they’re sold.
#1 Logistics, Freight and Transportation News - FreightWaves
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What is cargo insurance and why does it matter? - FreightWaves
Nov 6, 2024 · Former pricing analyst, supply chain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call. Which gives insights into the world around 3PLs and Freight brokers.
Container shipping outlook 2024: Rising risk of delays, disruptions
Dec 7, 2023 · It’s not just about the Panama Canal. With the Suez Canal, there have been attacks on ships in the Red Sea, and on top of that, we have the ILA contract expiring at the end of next September [The International Longshoremen’s Association contract for East and Gulf Coast dockworkers]. FREIGHTWAVES: The ILA has specifically warned that it will strike on Oct. 1, 2024, if its demands aren’t met.
FreightWaves announces 2025 FreightTech 100 companies
Sep 23, 2024 · Related: See previous winners Methodology. The FreightTech 100 list is produced by a panel of journalists, analysts and experts chosen by FreightWaves. The voting form included more than 250 companies with information condensed from nearly 900 nominations.
Supply Chain, Logistics, and Trucking News & Data - FreightWaves
FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy.
Saia’s $1B growth plan to test LTL’s tight capacity structure
Feb 2, 2024 · Less-than-truckload carrier Saia Inc. has big growth plans in 2024 after picking up 28 terminals from bankrupt Yellow Corp.’s estate. It outlined a $1 billion capital expenditures plan in its fourth-quarter report, which if executed would …
Forward Air retains investment bankers to sell company, sources say
Oct 17, 2024 · Investors were also concerned with a headline price tag of $3.2 billion, greater than Forward’s roughly $3 billion market cap at the time. The transaction also required Forward to assume Omni’s $1.4 billion in net debt and give its private equity backers – Ridgemont Equity Partners and EVE Partners – a 38% equity stake, which the …