Author Archives: Marie

TRIVE CAPITAL PARTNERS WITH RPM FREIGHT SYSTEMS

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TRIVE CAPITAL PARTNERS WITH RPM FREIGHT SYSTEMS
Trive Capital, the Dallas-based private equity firm, and Bluejay Capital Partners have just announced their recent investment in RPM Freight Systems, LLC,  a leading asset-light finished vehicle logistics (“FVL”) provider.  Founded in 2011, “RPM is a technology-driven, asset-light provider of transportation management solutions to new and used finished vehicle logistics and other specialized freight markets in North America and Europe. The Company is trusted by many of the largest auto OEMs and remarketers to transport vehicles and freight, safely and efficiently, from origin to destination.” Read more…

LOGISTIC CHAINS BRACE FOR US SUPPLY CHAINS STRESS

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Resilience of supply chains will be tested as US imports are on course for volumes at a height not seen over the past two years. Even without work stoppages and multitudinous disruptions, logistics providers are preparing themselves for the worst. According to the Global Port Tracker, published by the National Retail Federation and Hackett Associates, “box traffic pouring into US ports will climb to its highest level in two years in the coming weeks, and the authors predict a seven-month run of monthly import volumes north of 2m teu, fuelled by consumer spending and retailers stocking up.” Read more…

MANY TRUCK DRIVERS LOOKING FOR NEW OPPORTUNITIES

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A truck driver recruitment advertising agency, in a new survey, has found that 40% of trucker drivers are currently looking for new driving opportunities. In comparison, “that’s a nearly 7% increase compared to the previous fall survey conducted by Conversion Interactive Agency (CIA), in partnership with employee retention agency People. Data. Analytics (PDA).”  Read more…

AI ATTRACTING GEN Z TO CAREERS IN LOGISTICS

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While there are several factors working in recruiters’ favor to attract Gen Z into warehousing jobs, technology and AI seem to be one of the major driving forces. Many logistic companies in the space today “are fostering strong and supportive internal cultures, care deeply for their employees and have designed jobs with employee’s priorities in mind – from using safety technology to offering flexible shift scheduling and better pay.”  Read more…

RESURFACED BIDEN VIDEO TALKING ABOUT TRUCK DRIVERS GOES VIRAL

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Causing backlash from social media users, a video of President Joe Biden discussing trucking jobs in an interview with the Des Moines Registry from 2019 has resurfaced online. In the video, Biden is heard saying:  “Guess what? Every trucker out there with an eighth-grade education or high school education knows that they are likely not to have a job in the next three, four, five years.” Read more…

PGT TRUCKING HONORS SAFE TRUCK DRIVERS

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PGT Trucking Inc. recently recognized over 150 safe drivers during the company’s annual awards event, held at the Acrisure Stadium in Pittsburgh, Pennsylvania. PGT has hosted the ceremony for over twenty years to honor the company’s drivers, office staff and their guests. Included amongst the honorees were “46 Million-Mile Drivers, 104 Safe Drivers and 24 Premier Professionals.” Read more…

LOGISTICS GIANT IN ARIZONA TO LAY OFF MORE WORKERS

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Swiss logistics firm Kuehne + Nagel Inc. is planning to lay off 227 Valley workers “after one of its customers, Honeywell Aerospace Technologies, decided to insource roles at two Valley facilities.” Kuehne + Nagel informed the Arizona Department of Economic Development about the position separations in an April 22 Workforce Adjustment and Retraining Notification letter. The positions span a multitude of roles in contract logistics and the cutbacks are set to happen on July 31. Read more…

JLC SECOND CHANCE TRUCKING HELPING CONVICTED FELONS TO FIND JOBS

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While Jerry L Cox may be retiring from his truck driving days on the highway, he is still helping drive the formerly incarcerated to find positions in the industry. Jerry L Cox started the nonprofit JLC Second Chance Trucking in Siloam Springs, Arkansas, “to help provide opportunities for convicted felons as they re-enter society. He is partnering with multiple other organizations to provide licenses and eventually jobs in the trucking industry. “  Read more…

TRUCK DRIVERS ASKING IF IT’S EVEN WORTH IT ANYMORE

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A TikTok account run by the Truck Smarter app may help explain why so many truckers are leaving the industry. In the video that has already accrued over 4 million views and counting, an anonymous poster shows a trucking job offered on a booking app for what appears to be a handsome-paying gig for $3,2000, but the poster quickly tears down this opportunity by going into the operational costs that the gig would entail. Read more…

1300 LAYOFFS HIT LOGISTICS COMPANIES ACROSS THE COUNTRY

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Layoffs across the freight and logistics industry continue “with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks.” One example is that of Warren, Michigian-based Universal Logistics, which is permanently closing two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with the state. Read more…