🎣 10 Quarters of Decline
Plus, tracking the ever-changing tariff announcements, Waabi teams up with Volvo, GenLogs secures big funding, and more.
ACT Research lowers 2025 truck forecasts as inventory hits record levels. FTR reports July Class 8 orders below expectations, signaling market shifts.
DEA seizes 2,380 lbs of meth in GA, their 3rd largest bust ever. Mexican Cartel hid them in celery shipment.
Plus, Pride Group shuts down under massive debt, while Mexico solidifies its position as the U.S.'s top trading partner, and a trucking owner pleads guilty in a fatal crash case.
Canadian trucking giant Pride Group's closure could affect freight rates and driver market: $637M in debt, rejected rescue plan, and potential industry impact.
GLS Group divests US freight divisions to DC Logistics, focusing on parcel services. Deal closes Sept. 1, 2024. DC aims for top 20 LTL carrier status.
Mexico outpaces China in US trade, hitting $415B in first half of 2024. Laredo, TX remains top gateway as nearshoring trends reshape global supply chains.
The best-performing freight stock of 2024 might surprise you.
Plus, $10K in tuna cargo stolen, Forward Air's big leap in stock price, and more.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
Canned tuna stolen from parked semi in South Philly. Part of ongoing cargo theft trend. Police warn truckers to stay alert and report suspicious activity.
Plus, 300 stolen pallets were recovered in California, project44 takes MyCarrier to court, and more.
Here are the U.S. jobs that had the highest union membership rates in 2023. Here's a look at where the differences lie in the transport and warehousing sector.
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