In the latest episode of "The Freight Caviar Podcast", we sit down with Cameron Ramsdell, the CEO of Armstrong Transport Group. He discusses strategies for protecting your business against fraud and how he grew Armstrong by 60% in one year.
Plus: Trump eyes Panama Canal takeback, US imports surge 12.3% YoY, Hyzon plans liquidation, and more.
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
Impostors target GLT Logistics and Maybach, using fake credentials to double broker loads. Companies clarify genuine communication channels.
Both GLT Logistics and Maybach have been targeted by malicious entities who fraudulently use their MC# to double broker loads. These impostors impersonate the companies, booking freight at low rates and then reselling at higher prices using the companies' credentials. They use deceptive email addresses and phone numbers, but once services are provided, they become unreachable. Both companies have clarified their official communication channels and urged vigilance in verifying sources before transactions.
damn Maybach got hit as well. what is going on...seems like every trucking & brokerage is getting their identity stolen pic.twitter.com/rc0yR3qaDe
— Man, I Love Freight 🚛 (@freightcaviar) August 17, 2023
Special damages, also known as consequential damages, are extra costs not automatically covered by the carrier. They arise from the consequences of damaged or delayed freight. Here's what brokers and shippers need to know.
Darren also revealed they’re developing a new platform designed exclusively for carriers.
In 2023, the top 10 brokerages earned $53.25 billion in gross revenue. In 2024, that figure dropped to $43.77 billion — an almost 18% decrease.
Revealed through a detailed look at data from ISO's network of brokers. Explore key insights from the ISO Service Index Benchmark Report.
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