"I'm more excited about the supply chain enabler side of it, that's actually building some of that tech to help brokers get more efficient, help shippers get more efficient, and help carriers get more efficient."
U.S. manufacturing construction hits $206B, with electronics, particularly semiconductors, leading at $113B annually post-CHIPS Act.
TFI International acquires Dahlsten Truck Line, expanding its Midwest operations with a seasoned carrier's fleet and load capacity.
Lineage Logistics gears up for a major IPO, set to raise the bar in cold storage and logistics with a $30B+ valuation.
President Biden attributes strengthened supply chains and reduced backlogs to his economic plan. Yet, industry insiders counter that the alleviation of bottlenecks results from a dire freight recession, not policy success.
On the most recent FreightCaviar Podcast, we spoke with Will Jenkins, co-founder of MoLo Solutions and founder and CEO of Journey. He sheds light on building MoLo Solutions to $600M in revenue and navigating the company through its acquisition in 2021.
U.S. online sales hit a record $9.8 billion, up 7.5% from last year.
Florida comes in with the second-highest percent drop in broker permits.
These giants command extensive supply chains, wield significant purchasing power, and set trends that influence logistics.
Question of the Day: In 1981, right after the deregulation of the trucking industry, this individual started American Backhaulers, which was later bought by C.H. Robinson in 1999. Who is it? Scroll to the bottom of our newsletter to find out.
According to FreightWaves' CEO, Craig Fuller, Freightos is burning about $6 million per quarter, higher than its revenue.
Manuel Alfredo Revolorio and Alondra Ramirez Cuevas were arrested for holding $9.5 million worth of goods stolen from big-box retailers.
America will see around 50+ million turkeys sold over the Thanksgiving weekend, spending more than $1 billion.
Explore Greenscreens.ai Top Lane Data: AI-Predictive Spot Rates for Nov 22, 2023, based on 30-day trends in van transport lanes.
Subscribe to our free tri-weekly newsletter for the latest in freight news and entertainment.
