This is the most important case in US logistics right now. At issue is a $100M verdict against Werner Enterprises where another vehicle in the opposite side of the highway lost control, crossed the median, & hit Werner.
How can any company anticipate another vehicle traveling
While I am enjoying
#FreightX
, I want to be clear: I do not like firms (or leaders) that use non-competes. I know you're out there, playing friendly with the rest of us. But you are not one of us. You are bad, and you should feel bad.
Would you believe this incredible woman and I have been married 15 years today?
4 kids, two dogs, and a world of change later, we’re still going strong!
When your son or daughter is presented with a non competition agreement, what do you do?
Schools will not teach them how to navigate those contracts. Most young people can’t find an attorney, let alone afford to pay for one.
This is why I am so passionate against these
Can’t wait for the lawsuit where a driver collides into the back of the trailer & claims the advertisement was distracting. Or an LED goes out & DOT writes it up.
This is a terrible idea.
Time to announce my partnership with
@datfreightteam
. I put in the work over the last couple years to offer insightful & occasionally entertaining content about the industry that I love.
What does this mean? It's means that any new DAT customer will receive 10% off the first 12
Life and death at Yellow.
At this very moment, Yellow's attorney is seeking a temporary restraining order to prevent Teamsters from striking as early as Monday for not meeting pension contributions.
I join
@TimothyDooner
over at
@FreightWaves
at 3:30 EST today to discuss.
Just to reiterate, the roads are safer than they have been in decades. It's the four wheelers that cause the vast majority of accidents, but insurance goes up all the same.
Former employees sue Fifth Wheel Freight over wage dispute. Once again we see freight brokerages misclassify non exempt employees as exempt to avoid overtime.
Get ready, after TQL last year, a waive of these suits are coming.
@Teamsters
want Senate investigation into Yellow’s bankruptcy.
At this point, who doesn’t want an investigation? $700 million in taxpayer dollars and nothing to show for it. Ridiculous.
Pay attention. Tomorrow the
@FTC
is anticipated to put out its final rule on a noncompete ban. The stage is set; the issues vetted. Tomorrow brings clarity.
There is so much I am thankful for.
A year ago today, I was in my living room with our week old newborn twins. About a week later my wife was rushed to the hospital for postpartum preeclampsia. Terrifying.
Today everyone is healthy. Everyone is happy. God is good. I hope you
I just talked to my dad about the Yellow news. He said, “If Yellow hadn’t bought Roadway, Roadway would still be making money.”
Spoken like a true ex-Roadway guy.
Just gave my dad the Yellow news. He’s an old school freight guy. We weren’t kidding on WTT earlier we were talking about the generations of family that worked for or worked with $yell during its 100 year run.
Sad end of an era
Took a minute, but it looks like I’m a top business development voice.
Best advice I can give: make more money than you spend. Unless you’re a software company. Then it’s the Wild West.
This is a warning to shippers of all sizes. Technology is not THE business. Any brokerage leverages technology, it’s how you deploy capital and the discipline of running the business day to day that truly matters.
My phone has been blowing up from other venture founders in recent hours. Most are sad about convoy, they had an enormous amount of respect for Dan.
Others are gleeful, our of jealousy. The irony is that some of these founders have similar businesses and when the leading brand
Yellow has repaid the $700 million loan from the US government, along with $151 million in interest, using funds from the nearly $1.9 billion that was raised during the December auction of 153 company terminals.