UPS Freight

Getting paid and giving back — WHAT THE TRUCK?!?

Big transactions mean big money for some companies

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Headlines

TFI International has signed a deal to acquire UPS Freight for around $800 million, TFI’s largest...

https://www.freightwaves.com/news/getting-paid-and-giving-back-what-the-truck

FMCSA to expand under-21 program for ex-military drivers

The Federal Motor Carrier Safety Administration (FMCSA) is expanding its Under 21 Military Commercial Drivers License (CDL) Pilot Program in a change that it says will open the project to another 30,000 service members.

In a proposal scheduled to be published Friday, the agency is asking for public comment on the modification that will expand the Military Occupational Specialties (MOS) that under-21 drivers were engaged in during their military service to give more service members the...

https://www.freightwaves.com/news/fmcsa-to-expand-under-21-program-for-ex-military-drivers

Carriers may face penalties, shutdowns under Virginia COVID-19 regs

Virginia recently became the first state to impose enforceable COVID-19 safety requirements in the workplace — not just guidelines — which has the trucking industry scrambling to figure out how the new law will affect drivers and operations.

The final rule, made public July 17 by the Virginia Department of Labor and Industry (DOLI), applies to broad sections of private industry, including trucking.

All companies based in Virginia will be required to classify employees by risk level (very high,...

https://s29755.pcdn.co/news/carriers-may-face-penalties-shutdowns-under-virginia-covid-19-regs

Geofencing data: Less-than-truckload boost carries into June

Old Dominion and UPS Freight trucks at facility

Less-than-truckload (LTL) volumes continued to improve throughout May and into the first week of June, said Deutsche Bank (NYSE: DB) analyst Amit Mehrotra in a note to clients.

He reported that in the first week of June, LTL activity levels improved 7% versus the average levels seen in May and were up 8% compared to the last week of May. Mehrotra believes that Old Dominion Freight Line (NASDAQ: ODFL) and SAIA (NASDAQ: SAIA) outperformed the average increase and UPS (NYSE: UPS) and YRC Worldwide (

https://s29755.pcdn.co/news/geofencing-data-less-than-truckload-boost-carries-into-june

DOT doubles progress in human trafficking fight

The U.S. Department of Transportation (DOT) more than doubled a goal staked out earlier this year to get 100 pledges in 100 days to raise awareness of human trafficking in the transportation sector.

Over 200 companies and organizations answered the call for the effort that DOT Secretary Elaine Chao made in January. Those that have signed on to the effort “are joining the Department to ensure that America’s transportation systems are not hijacked to facilitate human trafficking,” said U.S....

https://www.freightwaves.com/news/dot-doubles-progress-in-human-trafficking-fight

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