Chattanooga, TN

Columbus, OH

The North American operations of Volvo Group booked 9,756 truck orders in the second quarter and delivered more than 16,200 Mack and Volvo trucks to customers. The latter number pushed the Swedish company’s combined market share for its two brands to 17.6%, a full percentage point higher than a year ago.

Volvo orders, deliveries rebound in Q2, but CEO says ‘we need to be cautious’

United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations. It also cut its 2024 revenue guidance to approximately $93 billion, revised from a previous forecast for as much as $94.5 billion. Weak freight demand and soft pricing in the shipping sector...

UPS shares fall 12%, post worst day on record after earnings miss and guidance cut

Markets Insider

"We still see S&P 500 EPS reaching $400 by the end of the decade," Ed Yardeni of Yardeni Research said in a Monday note.

The stock market is approaching 2 catalysts that will spark the next leg of the bull run, market vet says

On Episode 738 of WHAT THE TRUCK?!?, Dooner is talking about President Joe Biden’s sudden withdrawal from the race. Supply chains are on the line this election season as both former President Donald Trump and Vice President Kamala Harris have much different plans for tariffs, electrification and more. It’s...

Pain and gain in the freight market; Biden drops out; generative AI RFPs | WHAT THE TRUCK?!?

Sourcing Journal


				













	It’s starting to look like the wild, wild west for retailers where uncertainty reigns and anything’s possible in the back half of 2024. Black Friday In July Expected To See Surge in Sales




	Lean inventories suggest positive restocking demand for shippers, but slowing consumer spending and fears over incremental tariff increases after the U.S. presidential election could end up hurting retailers’ bottom lines. 



	
		Shipping	




	A report from TD Cowen’s thematic research team on the consumer and the supply chain notes that ocean freight rates have risen due to advanced shipments caused by uncertainty over the U.S. presidential election and potential tariff increases,...

Second-Half Issues: Freight Congestion, Retail Inventories & Consumers

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Miami, FL

Two Miami-based trucking companies have filed for Chapter 11 bankruptcy protection. A1 Transport Network and AB Brothers USA both filed petitions Saturday in the U.S. Bankruptcy Court for the Southern District of Florida. According to the trucking companies’ petitions, Ivan Antigua Escobar is listed as president of A1 Transport Network...

2 Miami trucking companies file for bankruptcy protection

UPS customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy. CFO Brian Dykes said on a conference call that UPS "saw customers shift from air to ground and from ground to SurePost." A range of companies have highlighted...

UPS Customers Are Trading Down

Pigeon Forge, TN

While Dollywood regains momentum following its sudden closure earlier this week, new information has surfaced regarding gross illegal activity related to the popular theme park. Dollywood’s Troubled Week. Just an hour after welcoming guests on July 17, Dollywood had to temporarily shut down due to a water main break....

Dollywood Jeopardy: Dolly Parton Cuts Ties With Company After Gross Illegal Activity Uncovered

[Stay on top of transportation news: Get TTNews in your inbox.]. UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge. Shares dropped more than 7% before...

UPS Boosts Volume in US for First Time Since 2022

Broward County, FL

Margate, FL

Edmond Thorne

MARGATE, FL. - A sophisticated lottery scam targeting vulnerable seniors across the United States has been uncovered, with a Margate man at its center. The elaborate scheme defrauded victims of approximately $9.5 million, leaving a trail of financial and emotional devastation in its wake.

Broward Man Arrested by Feds in $9.5 Million Lottery Scam: Targets Seniors Nationwide.

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Homebuyers shouldn’t expect market conditions to improve too much in the second half of 2024, with mortgage rates likely to remain elevated and supplies tight. Economists expect home prices will rise by about 4%, and mortgage rates to remain at about 6.5%, in the second half. Despite strong demand...

What to Expect in the Housing Market in the Second Half of the Year

New Jersey State

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Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

Shenandoah, PA

The Shenandoah (PA) Sentinel

NORTHERN SCHUYLKILL – The following is a collection of police incidents reported by local law enforcement...
The post Police Log, 7/10/2024 first appeared on The Shenandoah Sentinel.

Police Log, 7/10/2024

Shares of United Parcel Service (UPS) declined sharply on Tuesday after the shipping giant reported second-quarter earnings that were below analysts’ expectations. In the afternoon, UPS stock dropped over 13% to $125, marking its worst day on record. Suggested Reading. Trump will speak at the Bitcoin conference tomorrow. Here’s...

UPS stock is having its worst day ever after profits plummeted 30%

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Newark, NJ

NEWARK, N.J. – An Essex County man has been charged with numerous offenses related to narcotics distribution and firearms trafficking. Kyrell Domnie, 39, of Irvington, known by the alias "Fly Ky," was charged by complaint and appeared before U.S. Magistrate Judge Cathy L. Waldor in Newark federal court on July 17, 2024. He remains detained following the hearing.

Convicted Felon Faces Multiple Narcotics and Firearms Charges

Coral Gables, FL

Tragic End for South Florida Hispanic Building Tycoon Sergio Pino. Fort Lauderdale, FL - In a shocking turn of events, prominent South Florida homebuilder Sergio Pino was found dead in his Coral Gables home on Tuesday morning. The Miami-Dade County Medical Examiner's Office confirmed that Pino died from an apparent suicide.

South Florida Tycoon Dead After FBI Raids on Homes and Office

Lookout Mountain, TN

Lupton City, TN

Rossville, GA

Signal Mountain, TN

Fort Oglethorpe, GA

Wildwood, GA

Lookout Mountain, GA

Flintstone, GA

Hixson, TN

Graysville, GA

Whiteside, TN

Ringgold, GA

Chickamauga, GA

Ooltewah, TN

Collegedale, TN

Whitwell, TN

Harrison, TN

Trenton, GA

Jasper, TN

NewsBreak

Check Call: Freight market shows promise of strong finish to 2024

The Future of Freight Festival in Chattanooga, Tennessee, is the event of the fall. Subscribers to Check Call have a special discount code for F3 registration....

Check Call: Freight market shows promise of strong finish to 2024

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