Trucking companies are under close scrutiny, as the transportation sector contributes heavily to CO2 emissions, with trucks accounting for much of the growth in emissions from heavy-duty vehicles over recent decades.
Plus: Top 8 turkey producing states, cartel's trucking drug network uncovered, Macy's exposes $154M delivery expense fraud, and more.
Epay Managerās F3 2024 rapid-fire demo showcased seamless TMS integration, AI-powered invoicing, and dispute resolution, helping freight brokers streamline workflows, save time, and improve cash flow. Watch the full demo now!
CargoNet: 2023 witnesses a 57% surge in cargo theft incidents. Innovative tech emerges as a key defense.
Brokerage fraud has made the landscape of our industry unrecognizable, and unfortunately, its impact continues to grow and expand daily. As logistics industry lifers, we recognized the pressing need to devise methods for safeguarding our operations and valued partnerships.
Valued at $8 billion in February 2022 (for comparison, CH Robinson's market cap was at $10 billion), they have been on the receiving end of both criticism and praise.
A truck driver involved in defrauding Roadrunner out of $112K receives house arrest and must pay restitution.
CEOs at Davos signal ongoing supply chain disruptions may persist, affecting global freight and consumer prices.
Sharp increase in freight rates early 2024 may signal an impending surge in goods inflation, according to data from Steno Research.
"Our number one challenge is fraud; fraud is rampant in trucking, it has ballooned to an $800 million problem. There's a surge of malicious actors engaging in illegal activity. Unfortunately, FMCSA is failing to enforce the law..." - Jeffrey Tucker
The ambition for the next 20 years in freight brokerage is to transition from being great to becoming amazing, a feat few have achieved. The journey towards this goal demands solving complex supply chain problems for shippers.
"Southern California ports are winning back U.S. containerized imports, benefiting from labor peace and canal disruptions.
Representing TIA, Freight brokerage CEO Jeffrey Tucker warns Congress about an $800M fraud problem in trucking, urging FMCSA enforcement.
ITS Logistics commits $30M to ContainerAI, aiming to optimize supply chain visibility and client service.
Caraway's VP of Operations advocates for broker partners who use technology to enhance efficiency, stressing the shift from traditional email-based methods to more technologically advanced, effective partnerships.
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