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Fastline Cargo, cited for safety violations, files Chapter 11. Company seeks to reorganize, pay employees, and secure post-petition financing.
FreightClaims.com streamlines your freight claims process, reducing stress and boosting efficiency. Learn about their user-friendly UI, powerful analytics, and cloud-based solution for hassle-free claims management.
Plus, DAT is moving from DAT Power to the criticized DAT One, Royal Bengal Logistics executives face charges in a $112 million Ponzi scheme, and Tesla's new Semi Factory plans are met with skepticism.
Two Royal Bengal Logistics executives are facing SEC charges for their role in a $112 million fraud targeting 1,500 investors.
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.
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