New intelligence platform gives freight brokers access to real capacity, real rates, and real-time market visibility through OTR’s continuously vetted carrier network.
What $200 oil means for freight. Plus: C.H. Robinson raised its rate forecast, states are writing their own CDL laws, a KitKat heist goes viral, and more.
March's freight market update. Plus: Elon's $25B chip factory in Texas, UNFI closing a Wisconsin DC, Chick-fil-A building its own supply chain, and more.
Valued at $8 billion in February 2022 (for comparison, CH Robinson's market cap was at $10 billion), they have been on the receiving end of both criticism and praise.
A truck driver involved in defrauding Roadrunner out of $112K receives house arrest and must pay restitution.
CEOs at Davos signal ongoing supply chain disruptions may persist, affecting global freight and consumer prices.
Sharp increase in freight rates early 2024 may signal an impending surge in goods inflation, according to data from Steno Research.
"Our number one challenge is fraud; fraud is rampant in trucking, it has ballooned to an $800 million problem. There's a surge of malicious actors engaging in illegal activity. Unfortunately, FMCSA is failing to enforce the law..." - Jeffrey Tucker
"Southern California ports are winning back U.S. containerized imports, benefiting from labor peace and canal disruptions.
Representing TIA, Freight brokerage CEO Jeffrey Tucker warns Congress about an $800M fraud problem in trucking, urging FMCSA enforcement.
ITS Logistics commits $30M to ContainerAI, aiming to optimize supply chain visibility and client service.
Caraway's VP of Operations advocates for broker partners who use technology to enhance efficiency, stressing the shift from traditional email-based methods to more technologically advanced, effective partnerships.
A mere 1.2% growth is expected this year, with a slight uptick to just over 2% in 2025.
Additionally, empty container exports plunged 41% year-over-year, while imports of empty containers rose 25% year-over-year.
With record-breaking cold and snow bringing danger to highways across the country, WeatherOptics identifies the top five worst lanes this week.
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