🎣 $RXO Falls 23%
Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in today’s newsletter.
Lululemon excels in Q3, beating estimates; RH faces challenges but remains hopeful for 2024.
NYC authorities seized $1.03 billion in counterfeit luxury items.
NY may ban noncompetes, impacting all workers and industries like freight brokering.
Explore Greenscreens.ai Top Lane Data: AI-Predictive Spot Rates for Dec 6, 2023, based on 30-day trends in van transport lanes.
Trivia of the Day: What percentage of phishing attacks targeted the logistics/shipping industry in the 4th quarter of 2022?
Addressing the alarming trend of freight brokers declaring bankruptcy, leaving small motor carriers unpaid and vulnerable.
The auction, drawing interest from carriers and real estate investors alike, saw 130 of Yellow’s properties sold, with 46 owned and additional leased properties still on the market.
The Port of New York and New Jersey has seen a continuous drop in cargo volumes over the past year.
What are the leading reefer commodities for this winter produce season, and where are they coming from? Find out here.
"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."
Union Pacific hits a revenue high despite a dip in carloads.
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