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Keyword: trucking

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  • Di Leo: Yellow Freight and an Economy on the Margin

    08/01/2023 7:21:33 PM PDT · by jfd1776 · 10 replies
    American Thinker ^ | August 1, AD 2023 | John F. Di Leo
    Yellow Freight, a massive, almost century-old LTL carrier, has gone out of business, and the “spin” of the business world will likely rival the spin of the political world in covering this news. First, some background. LTL refers to “less than truckload freight,” so an LTL carrier is one that picks up relatively small loads, usually 1 to 5 pallets’ worth, and consolidates them at terminals with other such freight with similar destinations, in what is called a “cross-dock” operation. Through a network of base terminals across a metro area, a region, or even the entire country, the nation’s thousands...
  • 99-year-old trucking company Yellow shuts down, putting 30,000 out of work

    08/01/2023 5:22:11 AM PDT · by Red Badger · 62 replies
    CNN ^ | Updated 3:27 PM EDT, Mon July 31, 2023 | By Chris Isidore, CNN
    Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers. The unionized company has been in a battle with the Teamsters union, which represents about 22,000 drivers and dock workers at the company. Just a week ago the union canceled a threatened strike that had been prompted by the company failing to contribute to its pension and health insurance plans. The union granted the company an extra month to make the required payments. But by midweek last week, the company had stopped picking...
  • Another Bidenomics Casualty! Trucking Giant Yellow Ceases Operations (Unions + Diesel Fuel Costs = FAILURE)

    07/31/2023 6:10:21 AM PDT · by Kaiser8408a · 14 replies
    Confounded Interest ^ | 07/31/2023 | Anthony B. Sanders
    Biden: “Its my Presidency and I’ll lie if I want to.” As well as demolish the economy to serve his Progressive green energy agenda. One of the casualties? Yellow trucking. Carrier Yellow Corp. ceased all operations at 12 p.m. Sunday, according to a notice on the gates at its terminals. Its stock price is now sub $1. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when informing union employees not to show up for their shifts. The documents indicated the company plans to issue a public statement Monday updating “the...
  • Trucking giant Yellow shuts down: The 99-year-old company which has almost 30,000 staff and 12,000 big-rigs ceases operations immediately - despite $700M COVID bailout

    07/31/2023 1:25:24 AM PDT · by Libloather · 65 replies
    Daily Mail ^ | 7/30/23 | Harriet Alexander, Sophie Mann
    Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs. The closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to The Wall Street Journal - which first reported its shutdown. The company, which received $700 million in federal COVID relief funds in 2020, is preparing to file for bankruptcy and is in talks to sell off all or parts of the business. The nearly 100-year-old firm is known for its competitive pricing and has more than 12,000 trucks shipping freight across the US for brands including...
  • Yellow lays off huge swath of workers as embattled 99 year-old trucking firm teeters on brink of bankruptcy

    07/29/2023 10:28:05 AM PDT · by DFG · 66 replies
    UK Daily Mail ^ | 07/29/2023 | Keith Griffith
    US trucking firm Yellow has laid off a large number of workers as the company copes with a cash crunch, and is reportedly weighing options including an imminent bankruptcy filing. The trucking giant on Friday told employees that it is 'shutting down regular operations' and laying off non-union employees 'at all of its locations' according to a memo seen by DailyMail.com. The layoffs could immediately impact up to 8,000 members of the company's sales force, business operations and technology departments -- and if the company fails, another 22,000 unionized drivers and freight handlers could face unemployment. Yellow is saddled with...
  • Yellow exec tells sales staff company will file bankruptcy Monday

    07/26/2023 5:17:11 PM PDT · by george76 · 38 replies
    Freight Waves ^ | July 26, 2023 | Rachel Premack
    Yellow’s senior vice president of sales informed her staff on Wednesday that their last day would be Friday and the less-than-truckload carrier will file bankruptcy on Monday, according to three employees who attended the video call. Yellow (NASDAQ: YELL) is the third-largest LTL company and employs some 30,000 workers, including around 22,000 Teamsters members. The trucking company had an operating revenue of $5.245 billion in 2022. The sales employees were approved to tell customers of the bankruptcy plans and to take paid time off for the rest of the week. In a meeting later Wednesday, according to a video of...
  • Insane California green energy rules could wreck trucking industry

    07/07/2023 3:36:16 AM PDT · by Libloather · 26 replies
    Fox News ^ | 7/07/23 | Brenna Bird
    Without truckers, America would grind to a halt. There’s no doubt about it. Truckers work a demanding job delivering our food, clothes and other necessities. But rather than support our hard-working men and women behind the wheel, President Joe Biden continues to empty their wallets and force them to drive electric trucks for his radical climate-change agenda. Well, we are pushing back. The Biden administration’s Environmental Protection Agency (EPA) and California have no right or legal justification to force truckers to follow their radical climate-change policies. That’s why I, along with 18 other state attorneys general, are taking Biden to...
  • Could Industry and Political Pushback Kill the EPA’s Electric Truck Plans?

    05/31/2023 8:48:34 AM PDT · by SeekAndFind · 24 replies
    PJ Media ^ | 05/31/2023 | Chris Queen
    It’s a well-established fact that the Biden administration thinks that electric vehicles are the solution to everything. (Ring around the collar? Buy an EV. Troubles in the bedroom? Buy an EV. Thinning hair? You get the picture.) So it shouldn’t surprise any of us that the administration has decided that what the trucking industry needs most is a great big transition to electric trucks. Last month, we reported about how the Environmental Protection Agency (EPA) is looking to follow California’s lead in declaring war on diesel vehicles. At the time, many in the trucking industry expressed their dismay at the...
  • Is Biden targeting white republicans' small businesses the same way Stalin targeted the Kulaks during the holodomor? Biden is not only targeting small business truckers, he is also targeting family farms

    05/27/2023 8:26:35 PM PDT · by Ezequiel Doiny · 41 replies
    Conservative Papers ^ | 5/26/2023 | EZEQUIEL DOINY
    Is Biden targeting white republicans' small businesses the same way Stalin targeted the Kulaks during the holodomor? Biden is not only targeting small business truckers, he is also targeting family farms By Ezequiel Doiny On April 17, 2023 Madeline Coggins wrote in Fox Business "The trucking industry is sounding the alarm on consequential ripple effects of the Biden administration's latest move in the electric vehicle push. While critics have voiced concerns about the EPA's recent emissions regulations, the Owner-Operator Independent Drivers Association (OOIDA), a trade organization that represents small business truckers, warns the restrictions are dangerous and threaten small businesses...
  • Trucking industry faces showdown with Democrats over push to eliminate diesel rigs, go electric

    05/17/2023 7:26:34 AM PDT · by CFW · 30 replies
    Just the News ^ | 5/16/23 | Charlotte Hazard
    Powered by small business owners and union workers alike, the trucking industry is on a collision course with the Democrat Party over federal and local efforts to phase out diesel rigs and push the shipping industry to electric vehicles. The latest strike came a few weeks ago when the U.S. Environmental Protection Agency proposed new tailpipe emissions goals that could require up to two-thirds of new vehciles sold in the U.S. by 2032 to be battery-powered electric vehicles. A top executive of one of the country’s largest trucking companies declared Tuesday that EPA's proposed new regulations on carbon emission are...
  • Alaskan Trucking Fleets Promise $150K Driver Salaries Amid Drilling Boom

    05/06/2023 8:35:46 PM PDT · by SeekAndFind · 16 replies
    Freightwaves ^ | 05/06/2023 | Rachel Premack
    As more drilling and mining projects are approved in Alaska, local trucking fleets are planning to hire drivers around the United States to haul equipment, chemicals and other loads — particularly on its fearsome Dalton Highway, a remote, 414-mile road that connects Fairbanks to oil fields near the Arctic Ocean. The developments, particularly ConocoPhillips Alaska’s Willow project, have been controversial as they may mar some of Earth’s most remote land. However, for the residents of the United States’ third-least-populated state, the new investments could bring an economic boom that many locals say the state needs. The construction of the Trans-Alaska...
  • California bans the sale of new diesel trucks by 2036

    04/28/2023 3:34:01 PM PDT · by lowbridge · 50 replies
    CNBC ^ | April 28, 2023 | Emma Newburger
    California regulators on Friday voted to ban the sale of new diesel big rigs by 2036 and require all trucks to be zero-emissions by 2042, a decision that puts the state at the forefront of mitigating national tailpipe pollution. The California Air Resources Board unanimously approved the Advanced Clean Fleets rule, the state's second zero-emissions trucks rule and first in the world to require new commercial trucks, including garbage trucks, delivery trucks and other medium and heavy-duty vehicles, to be electric. Supporters of the rule say it will improve public health in marginalized communities that have endured polluted air while...
  • California Can’t Power the State but is Forging Ahead with Electric Truck Mandate

    04/05/2023 4:27:10 PM PDT · by artichokegrower · 26 replies
    California Globe ^ | April 5, 2023 | Katy Grimes
    California is rich in natural resources which once powered the state: natural gas deposits in the Monterey Shale formation; geothermal energy, abundant rivers and waterways such as the San Joaquin River Delta and hydroelectric dams; the Pacific coastline; 85 million acres of wildlands with 17 million of those used as commercial timberland; mines and mineral resources, vast farming and agricultural lands, and hunting and fishing. Despite this abundance, in June 2020 the California Air Resources Board (CARB) approved regulations to require automakers to sell more electric commercial trucks, with the ultimate goal of all new trucks sold in rather state...
  • Why Are Tesla Semi-Trucks Stranded by the Roadside?

    04/02/2023 7:37:56 PM PDT · by lowbridge · 27 replies
    motorbiscuit.com ^ | March 30, 2023 | Henry Cesari
    In December 2022, Tesla delivered its first semi-trucks to PepsiCo. Since then, keen-eyed Californians have noticed at least eight trucks seemingly nonoperational, either by the side of the road or being towed home. While Tesla has no media department, sources say the truck problem is as simple as the Semi’s infotainment screens going dead. If so, this would not be a first for Tesla. -snip So Pepsi bought the first round of $200,000 Tesla Semis to augment its truck fleet hauling products out of its Modesto, California plant. PepsiCo immediately put its new Tesla trucks to use, hauling both Frito-Lay...
  • EPA approves California rules phasing out diesel trucks

    04/01/2023 6:03:32 AM PDT · by artichokegrower · 86 replies
    KION ^ | March 31, 2022 | SOPHIE AUSTIN
    The Biden administration cleared the way Friday for California’s plan to phase out a wide range of diesel-powered trucks, part of the state’s efforts to drastically cut planet-warming emissions and improve air quality in heavy-traffic areas like ports along the coast.
  • EPA approves California rules phasing out diesel trucks

    03/31/2023 12:07:06 PM PDT · by Oldeconomybuyer · 62 replies
    The Associated Press ^ | March 31, 2023 | By SOPHIE AUSTIN
    SACRAMENTO, Calif. (AP) — The Biden administration cleared the way Friday for California’s plan to phase out a wide range of diesel-powered trucks, part of the state’s efforts to drastically cut planet-warming emissions and improve air quality in heavy-traffic areas like ports along the coast. The decision by the U.S. Environmental Protection Agency allows California — which has some of the nation’s worst air pollution — to require truck manufacturers to sell an increasing number of zero-emission trucks over the next couple of decades. The rule applies to a wide range of trucks including box trucks, semitrailers and even large...
  • Biden will let California lead on electric trucks, despite industry protest

    03/21/2023 7:35:48 AM PDT · by artichokegrower · 39 replies
    Washington Post ^ | March 21, 2023 | Anna Phillips
    The Biden administration will approve new California rules to cut tailpipe pollution and phase out sales of diesel-burning trucks, according to three people briefed on the plans, a move that could jump-start the nation’s transition to electric-powered trucks and help communities harmed by diesel pollution.
  • Trucking company warns new EPA standards will kill mom-and-pop businesses

    03/08/2023 3:26:51 PM PST · by george76 · 26 replies
    FOX Business ^ | March 7, 2023 | Madeline Coggins
    Smaller trucking businesses are feeling financial pressure after the Environmental Protection Agency (EPA) released new standards for semi-trucks to lower air pollution. Andrew John of the John N John Trucking Company warned that the costs associated with the new standards could kill many mom-and-pop trucking businesses. ... They go out of business, and we all know how important mall businesses are to the economy." For the first time in two decades, the EPA released new standards that are 80% stronger than current ones and require semi-trucks to cut harmful nitrogen oxide pollution. ... The EPA estimates the new requirements could...
  • My kid, making things move in America

    Truckers keep our economy functioning!
  • California bans 70,000 tractor-trailers amid supply chain crisis

    01/05/2023 7:57:38 PM PST · by SeekAndFind · 42 replies
    Hotair ^ | 01/05/2023 | Jazz Shaw
    Do you remember way back in November when we were teetering on the edge of running out of diesel fuel? Thankfully, reduced demand and some temporary increases from our remaining refineries pushed off that crisis for a while. But it was an important reminder that the nation’s supply chain still runs almost entirely on diesel and if we run out, no products will be moving anywhere for a while. Out in California this month they’re looking at a different but related crisis. Instead of a shortage of fuel, the state will be looking at a shortage of trucks. All tractor-trailers...