Tariff Turbulence and a Rail Megamerger: What Brokers Need to Know Heading Into Q4
Freight brokers face Q4 turbulence with tariffs, the end of de minimis, an 80% USPS traffic collapse, and a proposed $85B rail merger.
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
Supply chain professor Jason Miller analyzes June truckload data, suggesting the market won't meaningfully flip to carriers until Q2 2025 at the earliest.
Nearly 4 out of 10 freight brokers say they reject ten or more invoices per week due to incomplete or incorrect paperwork. With Epay Manager's NLP automation, you can win back your time and money.
Plus, a company raises $200M to put self-driving trucks on the road, Forward Air fires 150 employees, and this mega carrier CEO believes the freight market is normalizing.
Leathers highlighted that inventory levels have normalized, allowing retailers to enter a replenishment cycle not seen in years.
Freight carrier Forward Air cuts 150 employees across sales, tech and C-suite after debt-laden Omni Logistics acquisition.
Waabi pioneering generative AI for self-driving trucks, raises $200M to commercially launch fully driverless trucks on roads in 2025.
In an uncertain economy, transportation and logistics businesses reduce costs with Stealth Monitoring's live video monitoring, combining AI, machine learning, and human intelligence for proactive security solutions.
Plus, training software that helped scale Nolan Transportation Group raises $30 million; fees are increasing for brokers and carriers; and PepsiCo triples the size of its electric fleet.
From PepsiCo to Amazon, big businesses are rapidly electrifying delivery vehicles and private fleets to reduce emissions.
Trucking faces 25% UCR fee hikes in 2025 and rising phishing scams.
Learn to Win raises $30M to revamp enterprise training with AI-driven solutions, already impacting the U.S. Navy and top freight firms.
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