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Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.
At the Calexico border crossing, U.S. Customs officials seize over 2,000 pounds of methamphetamine, worth around $4.3 million, concealed in a Brussels sprouts truck.
Landstar, the infamous company we freight brokers and dispatchers like to make fun of, is laughing right back at us.
Semi-truck sales are growing, but it's not because business is booming. It's a make-up for time
The 'Ndrangheta mafia's control over Gioia Tauro Port has made it the heart of Europe's cocaine trade.
Two former MH Group employees face charges over a $1.4 million wire fraud scheme. The pair manipulated their positions within the company to misdirect funds into their personal accounts.
Today, FedEx serves 220 countries, employs over 530,000 people, moves 15 million packages daily, and operates a fleet of 700 airplanes.
China's exports have taken a surprising downward turn, falling 7.5% in May year-on-year, much steeper than the
In response to the nearshoring trend among US companies, Fibra Prologis is set to invest $700M in Mexico's industrial parks and warehouses.
Over the past three years, the trucking industry has lost more than 100,000 drivers due to positive marijuana tests,
Sequoia-backed Next Trucking is up for sale amidst a trucking slowdown. With revenues and EBITDA below expectations, it may face a steep discount from its last $500M valuation.
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