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 …
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.
FedEx builds capacity in Latin America with new flight routes
Nov 13, 2024 · FedEx Corp. is strengthening its air network in Latin America with two new flights linking markets in South and Central America with Miami, the company announced.In a news release, the company stated that the flights will increase capabilities and improve connectivity for customers across the region. “The launch of these new routes marks a significant milestone in the history and growth ...
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.
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.
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.
#1 Logistics, Freight and Transportation News - FreightWaves
3 days ago · In late 2024, retail giant Macy’s revealed a shocking accounting scandal involving its parcel delivery expenses. It said a single employee had managed to hide approximately $151 million in delivery costs over nearly three years, causing significant disruption to the company’s financial reporting and raising questions about its internal controls.
Nikola leader talks future of hydrogen-powered trucks in US
Nov 19, 2024 · This story has been updated to reflect clarifications on Ryan Clayton’s statements. Nikola Corp. (NASDAQ: NKLA) leader Ryan Clayton said the rising demand for hydrogen could require as many as 50 fueling stations in the next three years to meet the need. Speaking with FreightWaves CEO Craig Fuller at FreightWaves’ F3: Future of Freight Festival, Clayton discussed the future of hydrogen in ...
Boeing to sunset 767 freighter program, slow 777X rollout amid …
Oct 11, 2024 · Boeing said Friday afternoon it will stop production of the 767 freighter in 2027, sooner than expected, and won’t have the next-generation 777-8 freighter ready for commercial use until 2028, at least a year later than previously scheduled, as the company looks to stem financial losses amid a month-long machinists strike.
Leading Trucking News - Award Winning - FreightWaves
4 days ago · Import volumes that rose directly after the election showed that Donald Trump would regain the presidency were concentrated especially heavily in California, according to KCH Transportation Director of Pricing Henry Byers in a discussion at FreightWaves’ 2024 Domestic Supply Chain Summit.