Morning Minute | Ancora’s Logistics Shakeups, Trucking Jobs Hit 4-Year Low, & US Import Slump

In this episode of the FreightWaves Morning Minute, we discuss how activist investor Ancora carves out a niche in the transportation sector by forcing shakeups at major companies like C.H. Robinson and CSX. Ancora director Conor Sweeney highlights the firm’s strategy to drive returns by replacing leadership and restructuring boards at underperforming logistics giants.

We also analyze recent trade statistics showing that while global demand grew, U.S. container traffic fell in November due to ongoing trade tensions. Import volumes in North America dropped nearly 4% for the eighth consecutive month, sharply contrasting with double-digit growth seen in regions like sub-Saharan Africa.

Additionally, the show covers the latest employment figures as truck transportation jobs remained flat in December, hitting their lowest point in four and a half years. This stagnation in the trucking sector is accompanied by a significant drop in warehouse jobs, which have plummeted by over 150,000 from their peak in 2022.

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