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.
The market’s brutal, sure, but for freight agents with the right tools, it’s prime hunting season. Here’s how they’re making it work.
Traxion expands its US footprint with a $10 million acquisition of BBA Logistics, setting sights on more opportunities in the US market.
Less-than-truckload carrier, Yellow Corp., has filed a $137 million lawsuit against the Teamsters union amid a severe financial crisis.
Despite the deflationary inflection point in Q1 2023, Pickett Research forecasts a shift towards inflation in the TL rate cycle by Q4 2023.
Despite the rise in US manufacturing spending, the expected impact on trucking freight volumes may not be as significant due to industry specifics.
Just 12 days after a fiery gas tanker explosion caused the collapse of I-95 in Northeast Philadelphia, Governor Josh Shapiro
Nikola Corp is investigating a fire that affected its battery electric trucks at its Phoenix headquarters. The incident follows major layoffs and strategic shifts.
The body of Christopher Scott, the driver whose truck went over the side of the Chesapeake Bay Bridge-Tunnel, was successfully recovered on Friday.
Sanjay Singh, owner of Royal Bengal Logistics, faces charges for running a $100 million Ponzi scheme. Singh allegedly deceived investors about the profitability of his company.
Kodiak Robotics and Loadsmith are partnering to deploy 800 self-driving trucks, creating an autonomous freight network with delivery set for late 2025.
Drivingforce, born out of Y Combinator, came out of Stealth mode this week. It addresses unique industry challenges for trucking
Alvys, a cloud-based TMS, has secured $6.3M in a seed round led by Bonfire Ventures and featuring participation from
The cost of operating a truck soared by 21.3% in 2022, reaching a record $2.251 per mile, largely driven by increasing fuel prices and driver wages, says ATRI report.
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