Loaded and Rolling: Holiday trucking closures, firings and driver hirings

Central Freight Lines shuts down, U.S. Xpress fires truckload exec and ACT releases driver hiring data

Central Freight Lines to shut down after 96 years
(Photo: Jim Allen/FreightWaves)

Central Freight Lines to shut down after 96 years

Central Freight Lines is shutting down after 96 years in operation. The LTL carrier based in Waco, Texas, has over 2,100 employees including 1,325 drivers, 1,600 power units and approximately 820 office staff at the Waco company headquarters. This announcement makes...

https://www.freightwaves.com/news/loaded-and-rolling-holiday-trucking-closures-firings-and-driver-hirings

Check Call: Teenagers scare the living heck outta me

Group of people huddled around desks

Hot Take

Image: Jim Allen/FreightWaves

Every year there are over 400,000 truck drivers who enter the market, with a 90% turnover rate. It’s no secret that driver retention has always been a struggle in the industry. Between the often poor work-life balance and new regulations popping up, it’s hard to keep people who aren’t in love with the business around very long.

The average age of all truck drivers on the road is about 48 years young. The age that federal retirement benefits start to kick in...

https://www.freightwaves.com/news/check-call-teenagers-scare-the-living-heck-outta-me

The White House’s sprint to fix port problems — Navigate B2B

Navigate B2B 11/20

The Biden administration’s encouragement for the ports of LA and Long Beach to hit 24/7 operating hours is front-page news, and so is the industry’s reaction to it. On this episode of Navigate B2B, Steve Ferreira shares his thoughts on the viability of this solution.

Ferreira looks at whether President Biden is asking for too much from the industry or if this step is not enough to unsnarl the port mess. Could this solution fall perfectly in the middle? Find out on this show. 

You can find more Nav...

https://www.freightwaves.com/news/the-white-houses-sprint-to-fix-port-problems-navigate-b2b

Ports of Los Angeles and Copenhagen Malmö sign five-year deal

The Ports of Los Angeles and Copenhagen Malmö Port AB (CMP) have entered into a five-year Memorandum of Understanding (MOU) to collaborate on sustainability and environmental issues. Officials from both ports signed the MOU at a ceremony held at the Port of Los Angeles on Nov. 15.

The MOU between the two ports focuses on facilitating dialogue, information exchange and sharing of best practices. Key areas of cooperation identified under the agreement include energy use and alternative energy...

https://container-news.com/ports-los-angeles-copenhagen-malmo-deal/

FMC approves PierPass 2.0

The Federal Maritime Commission has voted to take no action regarding the West Coast MTO Agreement amendment authorizing PierPass to launch its revised OffPeak program of extended gate hours at the Ports of Los Angeles and Long Beach beginning Monday, Nov. 19.

The revised OffPeak program, informally called PierPass 2.0, replaces the original OffPeak congestion pricing model with a system using appointments to mitigate traffic. It uses a reduced Traffic Mitigation Fee (TMF) across all hours of...

http://container-news.com/fmc-approves-pierpass-2-0/