FreightWaves

06/26/2025

Saia has obtained court approval to acquire three terminals being sold out of the bankruptcy of Yellow Corp.

In a court filing with the Delaware Bankruptcy Court last week, the court approved the sale to Saia (NASDAQ: SAIA) of former Yellow terminals in Deer Park, New York, on Long Island; Calexico, California, which sits on the Mexican border in southern California; and Orlando.

The price paid for the three assets is $8.5 million. The deal has not closed, with the actual closing still dependent on various requirements being met.

A federal bankruptcy court has approved the sale of additional Saia terminals.

06/26/2025

Join us for FreightWaves’ Enterprise Fleet Summit on July 23rd (free online event). We're bringing together top minds to discuss the most pressing issues facing enterprise fleets today.

Dive deep into strategies for navigating business cycles, capacity, driver availability, and asset prices. Plus, one lucky attendee wins a Blackstone Griddle!

https://live.freightwaves.com/enterprise-fleet-summit-2025

https://www.youtube.com/watch?v=lbrNSK2kOfE

Join FreightWaves at the International Spy Museum in Washington DC for a one-day event focused on the intersection of AI and global supply chains. We plan to...

06/26/2025

Container flows in May increased in Houston, while movements of crude oil declined at the Port of Corpus Christi, Texas.

Ports in both Houston and Corpus Christi, Texas, recorded mixed results in May, with increases in container shipping, but a decline in crude oil exports.

06/26/2025

Maersk, the world’s second-largest container carrier, said it is again accepting imports at Israel’s Port of Haifa days after suspending service when the city came under missile attack from Iran.

Maersk said it has re-opened services to Haifa port days after Iranian missile barrages hit the Israeli city.

06/26/2025

Shipping giant Maersk has rolled out Maersk Trade & Tariff Studio, a digital solution designed to empower global cargo owners and bring clarity to complex customs processes.

Maersk has rolled out an AI-powered program aimed at streamlining complex customs processes.

06/26/2025

Presented By Truckstop

06/26/2025

The Teamsters union on Wednesday called out UPS for not living up to the terms of their 2023 labor agreement, alleging the employer is dragging its feet on purchasing air conditioned package cars and moving part-time workers to full-time status. It also accused UPS of violating rules on overtime work.

The powerful Teamsters union is accusing UPS of failing to fully honor terms of its 2023 contract related to air conditioned vehicles, hiring full-time workers and forced overtime.

06/26/2025

Container flows in May increased in Houston, while movements of crude oil declined at the Port of Corpus Christi, Texas.

Ports in both Houston and Corpus Christi, Texas, recorded mixed results in May, with increases in container shipping, but a decline in crude oil exports.

06/26/2025

The Teamsters union on Wednesday called out UPS for not living up to the terms of their 2023 labor agreement, alleging the employer is dragging its feet on purchasing air conditioned package cars and moving part-time workers to full-time status. It also accused UPS of violating rules on overtime work.

The powerful Teamsters union is accusing UPS of failing to fully honor terms of its 2023 contract related to air conditioned vehicles, hiring full-time workers and forced overtime.

06/26/2025

Charging infrastructure for electric fleets is a HUGE challenge! 🤯 From lengthy permits to power access, bringing depots online is tough. But what if there was a mobile solution, a "juice" generator that comes to you?

Discovers how innovative battery units are solving the "chicken or the egg" problem of EV adoption for trucks and more. Tune in for the full episode!



Full Episode: https://youtu.be/iFOpVuwL8_c

06/26/2025

Shipping giant Maersk has rolled out Maersk Trade & Tariff Studio, a digital solution designed to empower global cargo owners and bring clarity to complex customs processes.

The platform, backed by artificial intelligence, arrives as businesses grapple with rising tariffs, heightened regulatory scrutiny, and frequent disruptions to customs procedures.

Maersk has rolled out an AI-powered program aimed at streamlining complex customs processes.

06/26/2025

DHL Express Canada and striking workers have reached a tentative agreement on a new contract, according to the Unifor union, raising stakeholder hopes the national courier will soon be able to resume operations.

Unifor, which represents more than 2,100 DHL Express truck and van drivers, warehouse pickers and clerical workers in Canada, said details of the deal will not be disclosed until it is finalized. A ratification meeting for members will take place in the next few days, it said.

DHL Express Canada could resume operations within days if union workers ratify a preliminary contract negotiated by Unifor.