Matt ColeMatt Cole is the Senior Editor for Overdrive and CCJ. Reach him at [email protected].BusinessMargins never realized, UPS turns LTL venture over to another keeperFor a little more than 15 years, UPS attempted to shoehorn a less-than-truckload segment into its parcel delivery monolith. Late last month, it announced it was exiting its UPS Freight business in favor of a new direction.February 4, 2021BusinessDrivers' top 2020 concern might not be what you thinkData from the WorkHound driver retention platform received from truckers in 2020 showed which issues drivers talked about the most. WorkHound CEO Max Farrell offers recommendations to carriers on how to solve some top issues to keep drivers around.January 25, 2021Previous PagePage 8 of 8Top StoriesFreight demandTruckload rates hold steady as holiday freight season tests limited capacityTruckload rates remain near historic highs and carriers retain strong negotiating leverage as rising peak-season freight volumes meet limited equipment capacity and elevated fuel costs.ComponentsHeavy-Duty parts inflation slows to .4% nationwide, masking steep regional swingsFreight demandProposed rail merger would slash 2.1 billion long-distance truck miles from the highway annually, report findsMergers & AcquisitionsPS Logistics expands flatbed footprint with Roane Transportation acquisitionIndustryDemocratic sweep of Congress sets up high-stakes battle over trucking regulations
