Plus, a trucking company owner and crew convicted in meth smuggling ring, Walmart and other retailers hold "productive" talks with President, what it means when consumers "buy now, pay later" on groceries, and more.
Plus: LAPD busts a $3.9M cargo theft ring, Nuvocargo and UPS expand in North America, U.S. moves to ease rules for self-driving trucks, Funny Freight Friday, and more.
Funny Freight Friday: Same thing.
Plus, a Texas-based trucking company abruptly shuts down, leaving 2000 jobless. The Southeast is heating up, and more.
Good Monday morning. Major M&A activity takes over headlines this morning: RXO to acquire Coyote Logistics from UPS in $1 billion deal. Meanwhile, an abrupt closure leaves around 2,000 logistics employees blindsided and jobless.
🤔 Question of the Day: With this $1.025 billion offer, UPS is taking an $___ million* loss on its Coyote Logistics investment. Find the answer in today's feature story.
Plus, a trucking company owner and crew convicted in meth smuggling ring, Walmart and other retailers hold "productive" talks with President, what it means when consumers "buy now, pay later" on groceries, and more.
Plus: LAPD busts a $3.9M cargo theft ring, Nuvocargo and UPS expand in North America, U.S. moves to ease rules for self-driving trucks, Funny Freight Friday, and more.
The fentanyl pipeline is the dark mirror of global logistics: lean, fast, and deadly. And while freight fights inefficiency, the cartels are mastering scale.
Plus, tariff deal with Mexico stalls, July's Blitz Week preparation, J.B. Hunt sees cautious shippers in bid talks, and more.
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