Federal authorities are still skeptical that UPS (NYSE: UPS) can maintain safety standards if it is exempted from some aspects of new driver-training rules. According to a judgment to be released Tuesday, the Federal Motor Carrier Safety Administration has denied UPS's request to waive a requirement that training instructors for...
Five Vital Reasons to Work with a Freight Broker.
"Should I utilize a freight broker?" is a frequently asked question among shippers. Before we get into the five main reasons why you should utilize a freight broker, let's first define what a freight broker is. A freight broker facilitates freight shipping between a carrier and a shipper. In exchange...
Cathay Pacific forecasts a poor cargo peak as China’s output falls.
Cathay Pacific has completely revamped its freighter schedule in preparation for peak shipping season, but executives indicated Thursday that demand will be lower this year due to inflation and continued supply chain issues. The forecast came as a record-breaking hot wave and another round of COVID lockdowns in a major...