In the latest episode of "The Freight Caviar Podcast", we sit down with Cameron Ramsdell, the CEO of Armstrong Transport Group. He discusses strategies for protecting your business against fraud and how he grew Armstrong by 60% in one year.
Plus: Trump eyes Panama Canal takeback, US imports surge 12.3% YoY, Hyzon plans liquidation, and more.
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
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.
Plus: FTC busts a multimillion-dollar trucking scam, Tesla revs up electric semi production, numbers on FMCSA carrier data breach, and more.
FTC and Florida halt "trucking automation" company RivX over alleged $75,000+ investment scam. Court orders operations ceased, assets frozen.
Tesla ramps up electric semi-truck production with 26 new units spotted. New dedicated facility under construction, set to open in 2025.
As US companies shift from China to Mexico, a surge in cargo hijackings threatens to derail the nearshoring bonanza.
Plus, the latest on Atlantic hurricane forecasts, Portex's $6.5M raise, and a looming US port strike.
AccuWeather reduces 2024 Atlantic hurricane projections after unusual August. Fewer storms expected, but season's already seen major impacts.
Freight management platform Portex secures $6.25M in seed funding to transform logistics for small and midsize shippers with AI-powered, user-friendly platform.
ILA union threatens Oct 1 strike, risking 43% of U.S. imports. Businesses worry as billions in daily trade hang in the balance.
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