🎣 No Market Shift Yet
Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.
With FAA approvals, drone delivery is set for expansion in the U.S., promising a future of efficient, eco-friendly parcel distribution.
TBL Logistics, a family-run trucking firm, files for Chapter 7 bankruptcy.
Echo Global Logistics CEO Doug Waggoner shares an optimistic freight market outlook for 2024, pointing to key growth indicators and strategic expansions.
We're giving you a look at spot market changes over the last year. Plus: Why Target stock hit a 52-week high, IKEA's legal battle with Convoy, and a celebration of women in freight.
Celebrating women's strides in the freight industry, from pioneers like first trucking company owner Lillie Drennan to today's leaders.
Target's stock reaches a new high with impressive holiday quarter sales and a return to robust gross margins, signaling a strong consumer market.
IKEA requests legal direction for settling $500K owed to truckers after Convoy's bankruptcy. Funds held in court as payment decision is pending.
Plus, active freight brokerages continue to decline, Las Vegas & Central Florida are warehouse hotspots, and DAT Load Board Postings Dip.
At the end of February, the trucking spot market saw further decline, with load posts dropping to a new low since April 2020.
Logistics property rents rose by 6% globally in 2023, with a significant 19% increase in Mexico, driven by nearshoring and demand.
Freight brokerages decline 9.2% year-over-year in Feb 2024, still up 15% from pandemic peak.
California authorities closed a 100-mile stretch of I-80, linking Reno and Sacramento, due to "spin-outs, high winds, and low visibility." The closure, from the California-Nevada border west of Reno to near Emigrant Gap, California, lacks an estimated reopening time.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).