🎣 Freight's New Deals
If your freight company isn't doing these four things, you're falling behind in 2025.
Tesla unveils plans for a massive Semi factory, aiming to produce 50,000 electric trucks annually. But with only 140 built so far, can they catch up to diesel dominance?
Plus, Surge Transportation rebounds from bankruptcy, Saia's stock plummets nearly 20% following its earnings report, and more.
Surge Transportation emerges from bankruptcy with a successful reorganization, setting new industry precedents.
FreshX lands a $2.7M pre-seed to streamline cold-chain logistics, right on the tails of Lineage Logistics' huge $4.4 billion IPO.
Illinois trucking company Blue Thunder files for Chapter 7 bankruptcy, idling 75 drivers, and leaving up to 199 creditors in the lurch.
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Plus, a wild freight broker spying story, a Chicago-area trucking company filing for Chapter 7 bankruptcy, and more.
UPS maintains ambitious 2026 targets, but investors remain skeptical as it misses its Q2 expectations, sending the stock tumbling 13%.
New hire's suspicious behavior raises red flags at freight company. Industry veteran shares similar tale, highlighting ongoing corporate espionage concerns.
A truck carrying flammable chemicals crashed and exploded on Route 3 in Clifton, NJ, killing the driver and forcing evacuations.
Plus, Alvys TMS raises $20.5 million, cyberattacks in the transportation sector triple, and a major IT outage disrupts global supply chains.
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