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A federal appeals court has reinstated Yellow Corp.'s $137 million lawsuit against the International Brotherhood of Teamsters, overturning a previous dismissal by a lower court. The former LTL carrier can now amend its complaint against the union, which it claims deliberately blocked the "Yellow One" restructuring plan necessary for the company’s survival.
The latest U.S. Bank Freight Payment Index shows a strong reversal in the freight market, with national shipment volumes falling 2.9% while shipper spending paradoxically increased 2% in the third quarter. This ongoing divergence, where shippers are paying more for moving less, suggests that carriers are continuing to exit the market, contributing to capacity constraints.
Additionally, new bipartisan legislation introduced in the Senate aims to broaden human trafficking bans as they apply to truck drivers and extend permanent restrictions to workers in the rail, maritime, and air sectors. This proposed bill, the TRAFFIC Act, would broaden the scope of disqualification by removing the requirement that the felony was committed using a commercial vehicle.
Learn more about your ad choices. Visit megaphone.fm/adchoices
By FreightWaves5
11 ratings
A federal appeals court has reinstated Yellow Corp.'s $137 million lawsuit against the International Brotherhood of Teamsters, overturning a previous dismissal by a lower court. The former LTL carrier can now amend its complaint against the union, which it claims deliberately blocked the "Yellow One" restructuring plan necessary for the company’s survival.
The latest U.S. Bank Freight Payment Index shows a strong reversal in the freight market, with national shipment volumes falling 2.9% while shipper spending paradoxically increased 2% in the third quarter. This ongoing divergence, where shippers are paying more for moving less, suggests that carriers are continuing to exit the market, contributing to capacity constraints.
Additionally, new bipartisan legislation introduced in the Senate aims to broaden human trafficking bans as they apply to truck drivers and extend permanent restrictions to workers in the rail, maritime, and air sectors. This proposed bill, the TRAFFIC Act, would broaden the scope of disqualification by removing the requirement that the felony was committed using a commercial vehicle.
Learn more about your ad choices. Visit megaphone.fm/adchoices

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