Top Stories
Air Cargo
DOT approves $1.9B Alaska Air, Hawaiian merger
Alaska Airlines will become a major cargo airline with the integration of Hawaiian Airlines’ freighter fleet that services Amazon.
Layoffs and Bankruptcies
Shuttered California trucking company files for bankruptcy liquidation
Truckload Freight
Freight spend, shipments soft again in August
FreightWaves Pricing Power Index
Hurricane Francine does nothing to help freight market
Port Labor Dispute
Editor's Picks
Air Cargo
Air Canada agrees to new contract with pilots, avoids strike
Air Canada and its pilots resolved their contract dispute at the last minute on Saturday, preventing a strike.
Chart of the Week
Intermodal gains share, but at what cost?
Less than Truckload (LTL)
Delaware bankruptcy court says Yellow owes pensions, stock drops 90%
Layoffs and Bankruptcies
Former employee sues Midwest Transport Inc. over mass layoff
Weather and Critical Events
Louisiana ports quickly restore normal operations after Hurricane Francine
American Shipper
American Shipper
Salvage begins on burning tanker attacked in Red Sea
Salvors began towing the Greek-flagged tanker Sounion, still burning from attacks by Houthi militia in late August. The vessel became a symbol of civilian shipping targets that have led container and other vessel operators to detour around the region.
Intermodal
Schenker buy makes DSV a forwarder colossus
Modern Shipper
Technology
Uber Freight announces new tech offerings, reaches $20B in managed freight
At Uber Freight’s Deliver conference, its founder and CEO announced same day and scheduled deliveries offerings, advanced tech features and said the company has reached $20 billion in freight under management.
Modern Shipper
A2Z rolls out delivery ‘drone-network-as-a-service’ offering
E-commerce & Fulfillment
Teamsters can protest at Amazon air hub, federal court says
Bankruptcies and Layoffs
Layoffs and Bankruptcies
Illinois trucking company with 480 drivers abruptly ceases operations
An Illinois-based trucking and logistics company that contracted with the U.S. Postal Service to haul mail and had more than 480 drivers ceased operations abruptly Thursday, according to sources familiar with the closure.
Layoffs and Bankruptcies
Nashville brokerage abruptly ceases operations, cuts 130 jobs
AskWaves
Maritime
How safe is Red Sea? Different shipping lines have different answers
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Chart of the Week
Chart of the Week
Lackluster Labor Day gives no lift to trucking market
The truckload market appears to be increasingly stable through a period when it normally isn’t. While the immediate future appears uneventful, the holiday shipping season is anything but certain.
Technology
Net-Zero Carbon
Fraud
North Carolina auto parts shop owner fined $10M for emissions defeat devices
Aaron Rudolf, who owns Rudy’s Performance Parts in Burlington, North Carolina, must pay $10 million in criminal and civil fines for an emissions defeat device scheme.
