Plus: updates on Trump’s trade policies, Panama Canal plans, energy initiatives, a major warehousing giant exceeds Q4 expectations, declining Asia-US shipping rates, and more.
"The container made shipping cheap, and by doing so changed the shape of the world economy." - Marc Levinson
In the latest episode of "The Freight Caviar Podcast", we sit down with Desmond Clark, President of Bear Down Logistics. He shares insights on maximizing productivity, and the importance of quality over quantity.
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.
The best-performing freight stock of 2024 might surprise you.
Plus, $10K in tuna cargo stolen, Forward Air's big leap in stock price, and more.
Plus, 300 stolen pallets were recovered in California, project44 takes MyCarrier to court, and more.
Good morning. Truckstop is moving customer service roles to India and the Philippines after North American layoffs. Aurora secured $483M
Good morning. Today's main story focuses on the U.S. Bank Freight Payment Index for Q2 2024, which
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.
Plus, Surge Transportation rebounds from bankruptcy, Saia's stock plummets nearly 20% following its earnings report, and more.
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Plus, a wild freight broker spying story, a Chicago-area trucking company filing for Chapter 7 bankruptcy, and more.
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