🎣 10 Things to Look Out For If You're Looking to Change Brokerage Jobs
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.
Werner CEO Says Freight Market Is Nearing Normal
Leathers highlighted that inventory levels have normalized, allowing retailers to enter a replenishment cycle not seen in years.
Forward Air Cuts Reported 150 Jobs After Controversial Omni Merger
Freight carrier Forward Air cuts 150 employees across sales, tech and C-suite after debt-laden Omni Logistics acquisition.
Waabi Raises $200M to Launch Self-Driving Trucks by 2025
Waabi pioneering generative AI for self-driving trucks, raises $200M to commercially launch fully driverless trucks on roads in 2025.
The Future of Security: Will Technology Replace Guards?
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.
🎣 Nuclear Verdict Against Schneider
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.
Major Companies Accelerating Shift to Sustainable Trucking Fleets
From PepsiCo to Amazon, big businesses are rapidly electrifying delivery vehicles and private fleets to reduce emissions.
25% UCR Fee Increases for Carriers, Brokers
Trucking faces 25% UCR fee hikes in 2025 and rising phishing scams.
Learn to Win Secures $30M Series A Funding
Learn to Win raises $30M to revamp enterprise training with AI-driven solutions, already impacting the U.S. Navy and top freight firms.
🎣 Class Action Lawsuit
Also: does a decline in trucking employment suggest an economic recession?
Falling Trucking Employment Signalling Recession?
According to a chart from Game of Trades, trucking employment is declining sharply, a pattern that historically precedes recessions.
Port Strike Fears Intensify as Imports Dip, Freight Costs Soar
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.