π£ Port Strike Suspended
Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
Plus: FTC busts a multimillion-dollar trucking scam, Tesla revs up electric semi production, numbers on FMCSA carrier data breach, and more.
Plus, the latest on Atlantic hurricane forecasts, Portex's $6.5M raise, and a looming US port strike.
Plus, FMCSA accounts getting hacked, manufacturing sector takes a hit in August, and more.
Plus, the Triton Logistics (Illinois) investigation concludes, a major freight forwarder updates on a ransomware attack, and U.S. ports set container volume records in July.
Their expanded HQ offers space for over 3,500 employees and features basketball and pickleball courts, a golf simulator, a 24/7 gym, a full-service cafeteria, 11 mothers' rooms, and more than 40 new meeting spaces. Plus, two acquisition rumors we heard this week.
Plus, Zyn is expanding with a $232 million production plan in Kentucky, NY-NJ ports hit record volume in July, and more.
Plus, an update on Canadian rail stoppage, key economic insights for the current trucking climate, and why country star Luke Bryan may be singing the blues.
Plus, we provide a clarification on Wednesday's story about the truck driver who killed five people while distracted by TikTok, report on Mexico-U.S. truck crossings reaching record numbers, and discuss a new law in Massachusetts that could drastically reduce truck registrations.
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.
This achievement is credited to their partnership with Happyrobot.ai, an AI dispatcher technology provider, and Transport Pro, a transportation management system (TMS).
Plus, a new Southeastern logistics company forms, XPO revives plans to sell European unit, and Transport Topics releases Top 100 Private Fleets of 2023.
The European unit could potentially fetch around $2 billion, based on industry estimates.
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