In the latest episode of "The Freight Caviar Podcast", we sit down with Cameron Ramsdell, the CEO of Armstrong Transport Group. He discusses strategies for protecting your business against fraud and how he grew Armstrong by 60% in one year.
Plus: Trump eyes Panama Canal takeback, US imports surge 12.3% YoY, Hyzon plans liquidation, and more.
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
Plus: one of the funniest emails anyone has ever sent to us. Scroll to the bottom of the newsletter to see it.
There's plenty of news today for the freight industry. A couple of large trucking companies have filed for bankruptcy. Financial reports from RXO, Schneider, and CH Robinson highlight how publicly traded logistics firms are managing the downturn. Plus, we take a look at states renowned for their manufacturing prowess and data from the US Bank Freight Payment Index.
We hope you find today's newsletter informative. If you have any feedback, simply click reply to this email—we're eager to hear your thoughts. Thank you for reading, and have a wonderful Friday and weekend!
🤔 Question of the Day: Which U.S. state led in manufacturing as a percentage of its GDP in 2023, with 25% primarily from pharmaceuticals and chemicals? Scroll to the Around the Freight Web section to find out*.
Plus: Trump eyes Panama Canal takeback, US imports surge 12.3% YoY, Hyzon plans liquidation, and more.
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
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