Reliance Partners’ Brian Runnels reacts to Central Freight’s closure and shares his thoughts on the drivers’ next steps on FreightWaves’ WHAT THE TRUCK?!?.
Reasons for Unemployment – Transportation & Warehousing industry
Service-based spending categories like airlines, lodging and restaurants all were positively impacted by the stimulus, but the top 5 biggest growth segments came in goods. With the roaring consumer economy, blossoming industrial recovery, white-hot housing market and historically depleted inventories, there’s very little outside of severe inflation that could derail this trucking market.
Gig workers are eligible for unemployment payments but verifying income levels can be difficult. The Workers Lab and Steady are teaming up to improve the process.
Anthony Smith and Zach Strickland break down what they think is most important during times of crisis.
According to the U.S. Bureau of Labor Statistics, employment in the transportation sector is back on the rise.
Whether you’re an employer looking to fill freight-related positions or a job-seeker, Freight.Careers.com is the go-to website.
Capacity is almost as tight as it was during the panic buying inspired March. Could it get tighter?
Anthony and Zach have special guests Former Flex CEO and current strategic adviser to Clear A.I. Mike McNamara and FreightWaves Chief Strategy Officer JT Engstrom on to discuss coronavirus’ impact on various pieces of global supply chains and give an update on how the economy and freight market are reacting domestically.
Anthony and Zach discuss the swelling unemployment numbers as well as the plummeting freight volumes and what the endgame might look like for the COVID-19 outbreak.
With unemployment levels skyrocketing and a stimulus package on the table, Anthony and Zach are joined by Andrew Cox as they debate how the U.S. should handle the COVID-19 outbreak as a country economically, as a business, and as an individual.
China opens its factories; 3.28 million U.S. workers apply for unemployment benefits; U.S. seeks to convince Saudi Arabia to end oil war.
With the passage of time and the context it brings, anyone can point to the moment before markets crashed over the last 100 years and say, “see, the signs were there, how did we not see it?”
Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.
Prologis is making further investments in the communities it has developed by launching an internship program for high schoolers from under-served areas to enter the logistics industry.
U.S. job openings rose in July to a new record, adding to signs of labor-market tightness that may push wages higher. Within the transportation and logistics sector, openings continue to outpace hiring as businesses are finding considerable difficulty trying to fill positions.
he pace of hiring improved slightly in April as the unemployment rate fell below 4% for the first time since the end of 2000. Trucking employment, however, saw no such gains as jobs in the industry declined for the first time in eight months.
Lost in the flurry of news yesterday from Walmart was a little nugget of information that will have profound impact on freight movements both within the Walmart supply chain and for carriers who transport goods to Walmart.
While platooning vehicles are close to real-world operation, the world itself may not be ready for them. According to a guide for legislators created by the Competitive Enterprise Institute, the varied nature of state laws may limited where platooning vehicles may operate.
