π£ MoLo Co-Founder Invests in Shipper CRM
Will Jenkins is betting on Shipper CRM. Curious why he says itβs βa must-haveβ?
Plus: The US Chamber of Commerce challenges the FTC ruling on banning non-competes, Covenant Logistics' profits plummet, and Tesla postpones Semi production until late 2025.
TGIF. Today we take a look at the FMCSA's announcement that they are forming a team to fight registration fraud. After years of hearing industry cries, they have decided to do something about it. We're all curious to see how this pans out.
π€ Question of the Day: Covenant Logistics saw net profit plummet by __% due to low freight rates. Find the answer below.
Correction: Our April 19 newsletter inaccurately stated that Redwood Logistics' revenue dropped to $640 million, as reported by Transport Topics. The cited figures reflect brokerage revenue only, unlike the 2023 data which represented overall revenue.
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).