Newsletters
🎣 Final F3 Recap
FMCSA releases video for drivers to get back CDLs, Trump names commerce secretary, and more.
Latest news (Page 15)
3PL
Truckstop Outsources Customer Service to India, Philippines
The company aims to outsource broker-facing and internal support roles to offices in Asia while carrier-facing support is centralized in Texas.
Acquisitions
Aurora Secures $483M for Driverless Truck Expansion
Aurora raises $483M, extending runway to 2026. Plans driverless truck launch in Texas by year-end. Here's how they are tackling trucking industry challenges.
Freight Market
Top 10 Market Lanes: June 2024 Insights
We're breaking down the ten van, reefer, and flatbed lanes with the biggest year-over-year spot rate changes in June. Here's what you need to know.
Newsletters
🎣 What Is Going On?
Good morning. Today's main story focuses on the U.S. Bank Freight Payment Index for Q2 2024, which
Podcasts
The FreightCaviar Podcast: Behind the Scenes at CtrlChain HQ in Eindhoven, Netherlands
In this episode, Giovanni Gubbels, CEO & Founder of CtrlChain, and Gert-Jan de Goeij, Vice President Europe of CtrlChain, discuss minimizing industry waste, delivery delays, cargo theft, and future visions.
Earnings Reports
Schneider, TFI, ArcBest, Hub Group: Q2 2024 Earnings Reports
Major freight companies face revenue dips and profit plunges in Q2 2024. Schneider, TFI, ArcBest, and Hub Group report challenging market conditions.
Freight Market
Trucking Freight Cycle Hits Bottom, Signs of Improvement?
Analysts again suggest the trucking freight cycle has bottomed out. New business starts and authority gains point to potential market improvement.
Freight Market
US Economy on Edge: Recession Fears; Global Markets Dropping
Freight market shows signs of life, but broader economic concerns loom. Japan's stock crash sparks global market fears. Is it time to panic?
ArcBest Reports Earnings
ArcBest (ARCB) missed profit expectations in its second-quarter earnings report. This earnings report follows a trend of asset/asset-light logistics
Newsletters
🎣 C.H. Robinson's Big Q2 Win
Their stock jumped nearly 15% after the earnings report. Plus, there are 3,420 fewer brokerages compared to August 2023, Fastline Cargo has filed for Chapter 11 bankruptcy, and more.
Freight Brokerage
Assessment of Rising Freight Brokerage Closures: 11.5% Year-Over-Year Decline
Freight brokerages see dramatic decline: 11.5% fewer than last year. Kevin Hill offers insights on market shifts and possible reasons behind the steady closures.
Bankruptcies/Closures
NJ Trucking Firm Fastline Cargo Files Chapter 11
Fastline Cargo, cited for safety violations, files Chapter 11. Company seeks to reorganize, pay employees, and secure post-petition financing.