Third party logistics

Career Tracks: Yang Ming names new CEO

The board of Yang Ming Marine Transport Corp. has elected Cheng Cheng-Mount as chairman and chief executive officer.

Effective Thursday, Cheng succeeded Hsieh Chih-Chien as leader of the Taiwanese container carrier. Cheng was appointed by the National Development Fund, Yang Ming’s second-largest shareholder, to the company’s board of directors in 2018. 

Cheng, who earned a master’s degree in economics from the University of Wisconsin-Madison, began his career as an assistant research fellow at...

https://s29755.pcdn.co/news/career-tracks-yang-ming-names-new-ceo

Radiant Logistics sees record F4Q results, delays filing and earnings call

Unidentified trucks on highway

In an abbreviated fiscal fourth-quarter update, third-party logistics and multimodal transportation provider Radiant Logistics Inc. (NYSE: RLGT) said it expects to report record adjusted net income of $8.9 million, 18 cents per share, for the period that ended June 30.

The Bellevue, Washington-based company said it filed for a 15-day extension for filing its annual form 10-k with the U.S. Securities and Exchange Commission. The press release stated that the company “was unable to timely finalize...

https://www.freightwaves.com/news/radiant-logistics-sees-record-f4q-results-delays-filing-and-earnings-call

Managing through COVID-19: How Echo Global is staying busy, giving back

Trucks passing om the highway

Many companies have faced unusual circumstances because of the COVID-19 pandemic. In the trucking and logistics space, though, the challenges have been unique. Considered essential, trucks loaded with goods have still moved, albeit at a slower pace, and employees have still had to get those trucks loaded and dispatched.

That meant a shift in the way the industry worked. Work from home met life on the road. For Echo Global Logistics (NASDAQ: ECHO), that process has proved easier than it has for...

https://s29755.pcdn.co/news/managing-through-covid-19-how-echo-global-is-staying-busy-giving-back

Brokers push back against Trump’s price-gouging claims

Representatives of the truck brokerage industry swiftly refuted President Donald Trump’s allegations of price gouging against small-business truck drivers after the President took sides with the drivers on the issue.

Trump, who tweeted his support for the drivers during last week’s “May Day” demonstration rally held by truckers near the White House, maintained that they are being “price gouged” when asked today (May 8) about the allegations – and what he plans to do about it – by a co-host of...

https://s29755.pcdn.co/news/brokers-push-back-against-trumps-price-gouging-claims

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