A UPS freighter aircraft destroyed buildings after slamming into an industrial area shortly after takeoff in Louisville, Kentucky, forcing the company to suspend shipping operations from its hub there ...
Emergency crews are responding to a UPS Airlines plane crash at the Louisville International Airport in Kentucky.
"Nuclear verdicts"—extremely large jury payouts often exceeding $100 million—are increasingly common in the trucking industry, driving up insurance costs and threatening fleet stability. Fleet leaders ...
U.S. trucking companies are illegally employing Mexican B-1 visa drivers for point-to-point deliveries within the U.S., undercutting rates and harming U.S. trucking businesses. This misuse of B-1 ...
Conflicting circuit court decisions regarding the Federal Aviation Administration Authorization Act's (F4A) safety exemption and its impact on broker liability in trucking accidents have created ...
Despite a headline figure of a 0.3% GDP contraction, positive underlying economic indicators like strong consumer spending (up 1.8%) and substantial business investment (up 21.9%) suggest the US ...
A Texas trucking company, which hauled sand, gravel and cement, along with its affiliated companies have shuttered operations and recently filed for bankruptcy liquidation, citing serious financial ...
VIB Trans, an Illinois-based trucking carrier, filed for Chapter 11 bankruptcy due to the "Great Freight Recession," marking the longest downturn in trucking history. This highlights a severe industry ...
The freight industry is currently experiencing a severe downturn characterized by weak volumes and financial challenges for carriers and brokers. A significant "capacity purge" is anticipated, ...
A 14-year-long legal battle regarding independent contractor status for truck drivers hauling bedding for Sleepy’s, a mattress retailer, concluded with a $4.5 million out-of-court settlement. The case ...
Autonomous driving software company Plus will go public via a merger with Churchill Capital Corp IX, creating PlusAI. Plus develops AI-based software (SuperDrive) for autonomous trucks, already ...
8VC launched Fund VI, raising $998 million to invest in supply chain and logistics technologies, capitalizing on a surge in deal activity in the sector. The firm's strategy focuses on transformative ...