Plus: Amazon tops Walmart, enters the LTL market, cargo thefts surged in 2024, Trump moves for USPS takeover, and more.
Plus, Standard Forwarding's big rebrand, J.B. Hunt focuses on intermodal mix amid muted market, DOT ends NY congestion tolls, and more.
Funny Freight Friday: Sometimes a meme is worth a thousand words.
Plus, a new scam is tricking brokers. Scammers are pretending to be both shippers and carriers.
Good Friday morning. Today's newsletter highlights our feature story on Q4 2023 logistics earnings reports, capturing the financial performances of key players across the industry. Also, catch insights on the new freight scam targeting brokers, Gord Magill's feature on Tucker Carlson's show, and the finalized Forward Air-Omni merger details.
🤔 Question of the Day: Both Delta Airlines and American Airlines Cargo divisions reported __% declines in year-over-year revenue for Q4 of 2023. Scroll to the main story to find out.
In today's email:
Plus: Amazon tops Walmart, enters the LTL market, cargo thefts surged in 2024, Trump moves for USPS takeover, and more.
Plus, Standard Forwarding's big rebrand, J.B. Hunt focuses on intermodal mix amid muted market, DOT ends NY congestion tolls, and more.
A major freight brokerage is making moves—employees at a recently acquired firm were allegedly given termination notices and new contracts with non-compete clauses.
Plus: Tenstreet acquires TextLocate, Trump plans to impose automotive tariffs starting April 2, and two logistics giants report mixed Q4 results.
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