Category: Uncategorized

Sam’s Club’s corporate supply chain team is merging into the supply chain team of its parent company, Walmart, according to a memo obtained by Business Insider. https://www.businessinsider.com/walmart-sams-club-corporate-supply-chain-teams-merge-memo-2024-9

A tractor-trailer carrying a windmill turbine is still stuck in a busy Syracuse intersection. The tractor-trailer is still partially blocking traffic at the intersection of East Brighton Avenue and East Seneca Turnpike. Traffic is reduced to one lane in both directions on Brighton Avenue, Syracuse police said Tuesday morning in an X post. https://www.syracuse.com/traffic/2024/09/traffic-alert-disabled-tractor-trailer-keeps-lane-closed-intersection-to-close-around-noon.html?outputType=amp

In the latest market close, Paccar (PCAR) reached $96.32, with a -1.7% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.29% for the day. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.31%. https://finance.yahoo.com/news/paccar-pcar-sees-more-significant-220022213.html

The North Carolina Department of Public Safety (NCDPS) has awarded a pair of contracts to bring new commercial vehicle enforcement technologies to weigh stations. https://cdllife.com/2024/north-carolina-to-spend-5-8-million-on-new-weigh-station-technology-including-weigh-in-motion-license-plate-readers/?amp

Bankrupt trucker Yellow Corp. and its hedge fund owners lost a key court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them, likely wiping out most recovery for shareholders. https://www.bloomberg.com/news/articles/2024-09-17/trucker-yellow-loses-ruling-over-6-5-billion-in-pension-debts?embedded-checkout=true

Operation DISS-rupt is a 48-hour enforcement effort that will take place along the I-81 corridor in Virginia, Tennessee, and West Virginia Sept. 19-20.  DISS-rupt stands for Distracted driving, Impaired driving, Speed compliance, and Seat belt safety. Law enforcement will be focusing on these types of infractions along the I-81 corridor. If you are traveling in these areas on the designated…

A construction company has been ordered to reinstate and compensate a truck driver who was fired after raising concerns about fatigued driving, according to federal authorities. https://cdllife.com/2024/truck-driver-fired-for-raising-concerns-about-fatigued-driving-to-be-reinstated-paid-184k-feds-say/?amp

We learned a lot about Tesla Semi thanks to a new presentation from the head of the electric truck program at Tesla, including the fact that Tesla ran one of the trucks 250,000 miles (400,000 km) already. https://electrek.co/2024/09/17/tesla-semi-traveled-miles-presentation-electric-truck/

The deal brings little customer overlap as RXO has traditionally served the retail and e-commerce, and industrial and manufacturing segments. Coyote has a relationship with only three of RXO’s top 25 customers. It mostly works with large carriers and private fleets, whereas the RXO network was built on small carriers. Once integrated, the RXO platform…

UPS sold Coyote Logistics, a freight brokerage firm founded in 2006, as part of the package delivery giant’s strategy to focus more on its core small-package delivery business. UPS purchased Coyote in 2015 for $1.8 billion, but with the sale, UPS appears to be refocusing on what CEO Carol Tomé described as “premium small-package” services. https://www.ttnews.com/articles/rxo-finalizes-coyote-deal