Truck Parking Club hits major milestone with 1,000 property locations across 46 states, providing 24,000 parking spaces for truckers nationwide. CEO Evan Shelley shares the company's journey and ambitious plans for expansion.
A major Canadian rail strike could be on the horizon, which might push more freight to trucks and lead to higher spot rates. Meanwhile, Circle Logistics just hit a big milestone, making over 100,000 calls with the help of AI.
Plus, a new Southeastern logistics company forms, XPO revives plans to sell European unit, and Transport Topics releases Top 100 Private Fleets of 2023.
Plus, a looming port strike could disrupt major U.S. ports and affect trucking rates, ACT Research has revised its 2025 truck forecasts downward due to high inventory levels and slow orders, and more.
Plus, Pride Group shuts down under massive debt, while Mexico solidifies its position as the U.S.'s top trading partner, and a trucking owner pleads guilty in a fatal crash case.
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.
Plus, DAT is moving from DAT Power to the criticized DAT One, Royal Bengal Logistics executives face charges in a $112 million Ponzi scheme, and Tesla's new Semi Factory plans are met with skepticism.
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