🎣 Freight’s Tariff Reality
Has your business already been impacted by President Trump's tariff actions or other executive orders? Here's what the community is saying.
MyCarrier and project44's court battle over contract terms intensifies, with both FreightTech companies defending their business models in a high-stakes legal dispute.
Good morning. Truckstop is moving customer service roles to India and the Philippines after North American layoffs. Aurora secured $483M
3PL providers face rising costs, tech investments, and shifting shipper priorities. Here are some key trends and insights from the 2024 Inbound Logistics report.
The company aims to outsource broker-facing and internal support roles to offices in Asia while carrier-facing support is centralized in Texas.
Aurora raises $483M, extending runway to 2026. Plans driverless truck launch in Texas by year-end. Here's how they are tackling trucking industry challenges.
Good morning. Today's main story focuses on the U.S. Bank Freight Payment Index for Q2 2024, which
Major freight companies face revenue dips and profit plunges in Q2 2024. Schneider, TFI, ArcBest, and Hub Group report challenging market conditions.
Analysts again suggest the trucking freight cycle has bottomed out. New business starts and authority gains point to potential market improvement.
Freight market shows signs of life, but broader economic concerns loom. Japan's stock crash sparks global market fears. Is it time to panic?
Their stock jumped nearly 15% after the earnings report. Plus, there are 3,420 fewer brokerages compared to August 2023, Fastline Cargo has filed for Chapter 11 bankruptcy, and more.
Freight brokerages see dramatic decline: 11.5% fewer than last year. Kevin Hill offers insights on market shifts and possible reasons behind the steady closures.
Fastline Cargo, cited for safety violations, files Chapter 11. Company seeks to reorganize, pay employees, and secure post-petition financing.
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