🎣 The Double Brokering Capital
I’m sharing my experience from visiting Armenia in November 2021.
Plus, the average revenue per freight brokerage employee, a recent wave of seafood thefts in NJ & PA, and more.
New data reveals freight brokerages averaging $1,267,516 gross revenue per employee. Brush Pass Research offers detailed intel for prospecting.
Recent seafood thefts in New Jersey and Pennsylvania total over $350,000. The industry is on high alert as logistics crimes surge in 2024.
Platform Science acquires Trimble's telematics business, promising more apps and better fleet tech, expected to be a historic freight tech deal.
Plus, a CSX train collides with a semi hauling a military tank in South Carolina, a truck driver is awarded $160M in a lawsuit over a defective truck, and Truckstop announces another round of layoffs.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
A train collided with an 18-wheeler carrying a military vehicle at a Goose Creek railroad crossing. No injuries reported.
Plus, Aurora to launch 100 mile route, RXO completes $500M stock offering, freight tech company aifleet raises $16.6M, and more.
Aurora Innovation plans to offer autonomous trucking services on a 1000-mile route between Fort Worth and Phoenix, starting in 2025.
Tech-driven trucking startup aifleet secures $16.6M Series B, aiming to become largest US carrier with AI-powered optimization and industry-leading efficiency.
RXO's $500M stock offering powers its acquisition of Coyote Logistics, expected to close by September 20, 2024.
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