Plus: Chattanooga floods close I-24 and stall freight, LA port hits its highest monthly volume in 117 years, July sees another spike in trucking bankruptcies, and more.
Funny Freight Friday: You heard him- sing!
Bankruptcy filings and closures are mounting in trucking as tight lending and “zombie carriers” keep rates low, delaying the market correction and prolonging a multi-year freight recession.
The ambition for the next 20 years in freight brokerage is to transition from being great to becoming amazing, a feat few have achieved. The journey towards this goal demands solving complex supply chain problems for shippers.
This blog post was contributed by Andy Tomka, the Vice President of Product at MVMNT.
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