๐ฃ $RXO Falls 23%
Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in todayโs newsletter.
Explore Greenscreens.ai Top Lane Data: AI-Predictive Spot Rates for Oct 16, 2023, based on 30-day trends in van transport lanes.
Also, we unpack the evolving freight broker landscape, carriers' economic anxieties, and the defense sector's manufacturing pivot amid rising global tensions.
As geopolitical tensions rise, the defense sector's production mirrors a world bracing for conflict. U.S. and Germany ramp up arms production.
ATRI highlights the trucking industry's critical concerns, with the U.S. economy leading the charge.
With freight brokers playing a larger role, the typical freight cycle is undergoing some major changes.
Explore Greenscreens.ai Top Lane Data: AI-Predictive Spot Rates for Oct 13, 2023, based on 30-day trends in van transport lanes.
Plus, Meadow Lark's surprising shutdown, U.S. container imports defy predictions, and Uber Freight announces tech-boosted proprietary tools.
Uber Freight's latest innovations include a revamped TMS, a game-changing procurement tool, and deep AI integration that's turning heads.
Despite earlier concerns, U.S. container imports are on the rise, surpassing pre-COVID figures.
The Transportation Intermediaries Association (TIA) unveils its latest Broker-Carrier model contract, addressing the logistics industry's evolving legal and insurance challenges.
Major asset-based 3PL firm Meadow Lark Companies shuts down after four decades.
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