💸 $71 Million Operating Loss
Plus, a new scam is tricking brokers. Scammers are pretending to be both shippers and carriers.
Good Friday morning. Today's newsletter highlights our feature story on Q4 2023 logistics earnings reports, capturing the financial performances of key players across the industry. Also, catch insights on the new freight scam targeting brokers, Gord Magill's feature on Tucker Carlson's show, and the finalized Forward Air-Omni merger details.
🤔 Question of the Day: Both Delta Airlines and American Airlines Cargo divisions reported __% declines in year-over-year revenue for Q4 of 2023. Scroll to the main story to find out.
In today's email:
- Three Freight Headlines: Fake shippers scamming brokers, Gord Magill on Tucker Carlson, and the Forward Air-Omni merger finalization.
- Q4 2023 Logistics Earnings Reports
- Around the Freight Web: Kenco facility shutdown leads to layoffs, Kodiak and Ryder launch driverless trucks in Texas, and driver frustrations over smart truck tech addressed.
- Freight Meme of the Day