Cutting Costs to Survive: Strategies for Freight Brokers in 2024
Over half of all respondents in a FreightCaviar poll said rising costs are putting the biggest pressure on freight broker margins. How can you relieve it?
🎣 Freight Broker Starter Pack
Plus, spot rates are up, inbound volumes at the top 10 ports have risen for seven straight months, a freight broker meme, and more.
Forward Air Stock: Two Major Downgrades, Loss Above 90%
Forward Air faces major setbacks with a 91% stock decline and debt downgrades from Moody’s and Fitch. Leadership changes and financial woes compound the turmoil.
Spot Rates Up -- Will It Last?
Spot rates up 11 cents since May start, driven by temporary factors like Blitz Week and Memorial Day. Long-term sustainability uncertain.
Container Rates Triple as Global Trade Surges
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
🎣 The Top Five U.S. Cities for Freight Employment
Plus, a tornado destroys a truck stop in Texas, Tesla challenges the trucking industry, and Craig Fuller issues a warning about the upcoming hurricane season.
ACT Expo 2024: Tesla Challenges Trucking Industry & Other Highlights
ACT Expo 2024: Tesla, J.B. Hunt, and Kenworth Push the Future of Trucking
Tornado Devastates AP Travel Stop & Shell Station in Texas
A tornado hit Valley View, TX, devastating AP Travel Stop and highlighting severe weather as a major 2024 supply chain risk.
🎣 $10,000 Fine
TGIF. The FMCSA might pass a bill to fine shady actors $10,000. We dive deep into this in today&
FleetWorks.ai Showcases Automated Freight Negotiation Call
FleetWorks' AI negotiates freight rates in real-time. What's your reaction?
What Happened to Forward Air Stock?
Forward Air's stock tumbles after the Omni merger and CFO departure. Earnings miss and legal battles further impact investor confidence.
Range Energy Achieves 67% Fuel Efficiency Gains with New Electric Trailer
Range Energy unveils new electric trailer system with 67% fuel efficiency gains, marking a major milestone in heavy transport electrification.