π£ Final F3 Recap
FMCSA releases video for drivers to get back CDLs, Trump names commerce secretary, and more.
Plus: one of the funniest emails anyone has ever sent to us. Scroll to the bottom of the newsletter to see it.
Plus: CH Robinson has lost its moat, Werner believes the freight recession is ending despite a challenging Q1, and more.
Plus, Q1 insights from mega carriers, which lanes will heat up during the summer, and a freight meme of the day.
Plus: The US Chamber of Commerce challenges the FTC ruling on banning non-competes, Covenant Logistics' profits plummet, and Tesla postpones Semi production until late 2025.
βThe FTCβs final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business or bring a new idea to market.β
Plus: Tesla to build an electric semi-truck corridor, FMCSA approves TIA's petition for freight broker training, and Arrive Logistics releases a freight market update.
Despite earlier optimism of a Q1 recovery, new numbers from industry leaders and other key performance indicators have sparked a wave of hesitation.
"The industry is dominated by the largest freight brokerages. Our estimates show the largest 150 freight brokerages account for 70% of the industryβs gross revenues."
Main takeaways from the TIA Conference. Plus, TQL expands into Freight Alley, the impact of the Baltimore bridge collapse on OTR freight, and Transport Topics names the Top 100 largest logistics companies of 2024.
Here are the most exciting innovations in the freight industry that were presented on Media Day at TIA.
Good Wednesday morning. Part of the FreightCaviar team is on their way to the Transportation Intermediaries Association (TIA) Conference in
Plus, the most congested freight corridors in the US, manufacturing bounces back, and Baltimore cargo gets redirected.
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