Brokers are battling organized fraud rings, spoofed MCs, and burner phone calls. Bad actors sound real, look real, and flood your phone lines with fake credentials, costing you time and money. Stop fraud before it starts with AI-powered call screening.
Luther Binford, a 91-year-old active truck driver for Mesilla Valley Transportation, is our latest FreightCaviar Podcast guest. Here's his story, lessons learned, and his best advice for others in the industry.
Plus, U.S. strikes Houthis in Yemen, US-Canada-Mexico trade up 8% in Jan., a Texas semi crash spurs litigation, and more.
Transport industry observes quiet exit of Twin Express, a closure that flies under the radar of major news outlets.
The transportation industry witnessed the quiet departure of Twin Express from Rogers, MN. While major fleet closures often dominate headlines, many companies like Twin Express go under the radar, leaving the community in suspense and stirring speculations on social media platforms. Our post on the FreightCaviar Instagram page was met with comments of surprise and disappointment from former partners.
Twin Express's closure is hinted by the disappearance of its online presence and, more explicitly, by Google’s "Permanently Closed" banner.
Twin Express - Over 150 tractors, now out of operation.
Online Indicators - The company's website is inaccessible, and Google lists them as "Permanently Closed."
We saw this as an ad on FreightWaves and realized that Twin Express, based out of Rogers, MN, has gone out of business. The ad mentions 150+ tractors. Although we often hear about large fleets closing in the news, many such fleets close without even making the headlines. pic.twitter.com/nqEmaDoEPs
— Man, I Love Freight 🚛 (@freightcaviar) October 17, 2023
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
CtrlChain carriers cut admin time by 95%, process paperwork 80% faster, and get paid 4x quicker. See what’s new in 2024—and what’s coming next in 2025!
Windrose Semi reveals striking similarities to Tesla's design. Here are the features, performance, and industry implications of their electric truck.
North Carolina upgrades weigh stations with $5.8M tech boost. New systems include weigh-in-motion and license plate readers for improved safety and efficiency.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
