Plus, two trucking firms close, harassment claims at TIA conference, a 19.5% week-over-week drop in spot loads, and more.
Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
From West Coast wins to Gulf Coast fog delays, the country’s top gateways are telling very different stories.
Southeastern carriers are rejecting loads at the highest rate since July 2022, breaking a two-year trend of low volatility and loose capacity.
Texas-based U.S. Logistics Solutions, owned by Ten Oaks Group, abruptly ceased operations, leaving employees jobless and freight abandoned across the country.
Plus: why you shouldn't expect a summer heatwave in truckload rates, more info on APL Cargo's bankruptcy, and the latest DAT hack.
Indiana trucking company APL Cargo pursues post-bankruptcy financing deal with factoring company WEX Bank, while battling multiple lawsuits and owing $2.3M in secured debt.
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
Supply chain professor Jason Miller analyzes June truckload data, suggesting the market won't meaningfully flip to carriers until Q2 2025 at the earliest.
Nearly 4 out of 10 freight brokers say they reject ten or more invoices per week due to incomplete or incorrect paperwork. With Epay Manager's NLP automation, you can win back your time and money.
Plus, a company raises $200M to put self-driving trucks on the road, Forward Air fires 150 employees, and this mega carrier CEO believes the freight market is normalizing.
Leathers highlighted that inventory levels have normalized, allowing retailers to enter a replenishment cycle not seen in years.
Freight carrier Forward Air cuts 150 employees across sales, tech and C-suite after debt-laden Omni Logistics acquisition.
Waabi pioneering generative AI for self-driving trucks, raises $200M to commercially launch fully driverless trucks on roads in 2025.
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