🚛 Freight Market Update

🎣 No Market Shift Yet

Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.

The GlobalTranz Mafia and Beyond with Charley Dehoney

In the latest episode of "The Freight Caviar Podcast", we sit down with Charley Dehoney, CEO & Co-Founder of Upwell. He discusses his early experiences at Worldwide Express and GlobalTranz, and why he believes industry consolidation is on the horizon.

🚛 Freight Market Update

January experienced a spike in spot demand due to winter storms, with spot load postings up nearly 50% from December, though still down 36.7% year-over-year. What did February bring? Scroll to our main story to find out.

Happy Friday. Time to review all the text messages you missed yesterday. We've got details on how much damage the AT&T outage caused for freight. Today's feature breaks down the Arrive Logistics February Market Update – January's optimism was just a fluke. But some good news: Convoy is back – well, Flexport has relaunched the tech platform, and Walmart eases up on shipping OTIF requirements.

Today at 8 AM CST, don't miss another exciting Freight Gong Friday. The co-founders of FreightCaviar will sit down with Reed Loustalot and special guest Bill Driegert from Flexport. Click here to tune in.

🤔 Fill in the Blank: ______ prices increased in early February, adding to the financial pressure on carriers. Scroll to our main story to find out.

Today's Newsletter is Brought To You By **Armstrong Transport Group**.

In today's email:

Three Freight Headlines: Network outage disrupts trucking, Flexport relaunches Convoy tech, and Walmart softens delivery standards.
Arrive Logistics: February 2024 Market Update
Around the Freight Web: Georgia hits a new export record, a major semi-truck drug bust on I-57, and China increasingly rerouting trade to the U.S. via Mexico.
Freight Meme of the Day