Happy 4th of July Week: Here's a round-up of the most engaging and talked-about freight content from around the web and from us.
Plus: Uber Freight’s $9M hit in Del Monte’s bankruptcy, ATRI says trucking costs are up (again), July 4 cargo theft risks spike, and more.
Fifteen stolen loads. Four fake carriers. One ring of trucks hiding in plain sight. GenLogs uncovers how zip-tied plates, swapped MCs, and a $200K solar panel swipe exposed a coast-to-coast cargo theft network brokers missed.
Digital freight platform Convoy reduces staff and witnesses co-founder Grant Goodale's resignation, as the company adjusts to industry shifts.
Less-than-truckload carrier, Yellow Corp., has filed a $137 million lawsuit against the Teamsters union amid a severe financial crisis.
Despite the deflationary inflection point in Q1 2023, Pickett Research forecasts a shift towards inflation in the TL rate cycle by Q4 2023.
Despite the rise in US manufacturing spending, the expected impact on trucking freight volumes may not be as significant due to industry specifics.
Major companies Apple, TSMC, and Mazda are diversifying their supply chains away from China due to geopolitical tensions and COVID-19 impacts.
U.S. retailers, including Walmart, Kroger, and Whole Foods, are being targeted with bomb threats demanding ransom in the form of Bitcoin or gift cards, causing widespread disruptions.
Just 12 days after a fiery gas tanker explosion caused the collapse of I-95 in Northeast Philadelphia, Governor Josh Shapiro
Sanjay Singh, owner of Royal Bengal Logistics, faces charges for running a $100 million Ponzi scheme. Singh allegedly deceived investors about the profitability of his company.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
