Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in today’s newsletter.
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Learn why project44 is letting go of 116 team members and how they're adapting to shifting dynamics in the FreightTech industry
Unpacking the UAW strike's implications for trucking and logistics.
In a $160b freight brokerage industry, the cream truly rises to the top. While there are 30k active freight brokerages registered with the FMCSA, the top 3% commandingly generate 80% of the gross revenue, with the elite 20 representing a third of the entire market.
A vigilant trucker took down a booting scam leading to an arrest near Conley, GA.
Recent data from the Run for Less event reveals impressive performance by the Tesla Semi, with insights on range and capabilities. Tesla's electric truck appears to live up to the hype.
Hostess, famous for Twinkies, gets a sweet deal as J.M. Smucker acquires it for $5.6 billion.
Old Dominion Freight Line's August performance rebounded after Yellow Corp's shutdown, with revenue resilience and growth.
Argo AI's founders bounce back, teaming up with SoftBank to start Stack AV, a $1 billion autonomous trucking venture.
Dave Clark's departure from Flexport has ripple effects. Executives out and a company refocus.
Panama Canal faces climate-induced droughts, leading to ship congestion & high transit fees, impacting global trade ahead of the holiday season.
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