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ILA, USMX reach contract agreement on automation, avoiding port strike

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract which had been extended after a short strike in October 2024. 

The two groups issued a joint statement late Wednesday evening, saying “the two sides agreed to continue to operate under the current contract until the union can meet with its full Wage Scale Committee and schedule a...

https://www.freightwaves.com/news/ila-usmx-reach-agreement-avoiding-strike-at-us-ports

2025 FreightTech 25 sees a shakeup as new companies surge in the rankings

FreightWaves unveiled the winners of its 2025 FreightTech 25 awards on Thursday, the final day of the F3: Future of Freight Festival. This was the seventh year the FreightTech 25 list has been announced, and, true to form, it was full of surprises. 

The FreightTech 25 honors the most innovative companies in transportation and logistics over the past calendar year and is open to transportation providers as well as technology companies. 

Earlier this year, FreightWaves opened nominations for the...

https://www.freightwaves.com/news/2025-freighttech-25-sees-a-shakeup-as-new-companies-surge-in-the-rankings

Stonepeak to buy air cargo company ATSG for $3.1B

Private equity firm Stonepeak has agreed to buy Air Transport Services Group, a leading lessor of mid-size cargo jets that also provides flying and other services, for $3.1 billion and take the company private. 

The New York-based investment firm will pay $22.50 per share in cash for ATSG and its aviation subsidiaries, which represents a 29% premium above ATSG’s closing price on Friday and 45.5% more than its volume-weighted average price over the prior 90 trading days, ATSG (NASDAQ: ATSG)...

https://www.freightwaves.com/news/stonepeak-to-buy-air-cargo-company-atsg-for-3-1b

Boeing to sunset 767 freighter program, slow 777X rollout amid strike

Boeing said Friday afternoon it will stop production of the 767 freighter in 2027, sooner than expected, and won’t have the next-generation 777-8 freighter ready for commercial use until 2028, at least a year later than previously scheduled, as the company looks to stem financial losses amid a month-long machinists strike.

Management also announced it will take a $3 billion pre-tax charge on the 777X and 767 programs, lay off about 10% of its workforce and report a third-quarter loss of $9.97...

https://www.freightwaves.com/news/boeing-to-sunset-767-freighter-program-slow-777x-rollout-amid-strike

SONAR’s data is free during the hurricane disruptions

The immediate aftermath of a major hurricane event often creates chaos in the supply chain. Government agencies and retailers rush critical freight to staging areas near the disaster zone and significant amounts of trucking and trailer capacity can be absorbed and taken off the highway by relief efforts. Meanwhile, as shippers in the region come back online, they face an uncertain freight environment—carrier networks have been disrupted, trucks may not be dispatchable, and they may find...

https://www.freightwaves.com/news/sonar-data-is-free-during-the-hurricane-disruptions

Get supply chain intelligence platform SONAR free for 10 days

The immediate aftermath of a major hurricane event often creates chaos in the supply chain. Government agencies and retailers rush critical freight to staging areas near the disaster zone and significant amounts of trucking and trailer capacity can be absorbed and taken off the highway by relief efforts. Meanwhile, as shippers in the region come back online, they face an uncertain freight environment—carrier networks have been disrupted, trucks may not be dispatchable, and they may find...

https://www.freightwaves.com/news/10-days-of-sonar-free

DeSantis orders Florida National Guard, State Guard to intervene in port strike

Gov. Ron DeSantis said Thursday he will deploy the Florida National Guard and Florida State Guard to ports affected by the International Longshoremen’s Association (ILA) strike.

In an X/Twitter post, the governor stated that guard members will be deployed to ports affected by the strike “to maintain order and, where possible, resume operations at ports which are otherwise shut down.”

“Disrupting the distribution of food, equipment, and supplies as the Southeast U.S. recovers from Hurricane Helene...

https://www.freightwaves.com/news/desantis-orders-florida-national-guard-state-guard-to-intervene-in-port-strike

Dock workers commence strikes at ports across U.S. East, Gulf Coast

Union dock workers have officially begun their strike against employers at ports across the U.S. East and Gulf Coasts early Tuesday morning.

The strikes are expected to cost the U.S. $5 billion per day and stunt supply chains across the eastern seaboard. This is the first time since 1977 for a port strike of this magnitude to rock the country.

The International Longshoremen’s Association (ILA) is the union behind the strike against its U.S. Maritime Alliance (USMX) employers for a new master...

https://www.freightwaves.com/news/dock-workers-commence-strikes-at-ports-across-u-s-east-gulf-coast

In another first, Teamsters make no endorsement for president

For the first time in its history, the Teamsters union has announced it will make no endorsement for president this election year.

The decision comes after the union’s executive board reviewed several months of membership polling on which candidate to endorse. The results of this poll along with several others were published by the union on X.

From April 9 to July 3, nearly 300 Teamsters locals nationwide conducted first-of-their-kind presidential town halls to solicit endorsement preferences...

https://www.freightwaves.com/news/in-another-first-teamsters-make-no-endorsement-for-president

DOT approves $1.9B Alaska Air, Hawaiian merger

Alaska Airlines expects to finalize its $1.9 billion merger with Hawaiian Airlines on Wednesday after the Department of Transportation cleared the transaction, the company said in a regulatory filing Tuesday.

DOT approval was the remaining hurdle for the merger. The Department of Justice last month quietly approved the transaction.

The combination of Alaska Airlines (NYSE: ALK) and Hawaiian Airlines (NASDAQ: HA) is important from a freight perspective because Alaska will take over cargo...

https://www.freightwaves.com/news/dot-approves-1-9b-alaska-air-hawaiian-merger

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