OTR Solutions, the leader in logistics-focused back-office technology and financial solutions, today announced the launch of Truly Instant Funding.
Plus: Automation scales from highways to rail, brokers face heat over illegal CDLs, ATA rethinks the “driver shortage,” and more in today’s newsletter.
We sat down with the founders of Vooma to talk about AI– and how their platform is helping brokers and carriers spend their time on more meaningful work.
Westfield Transport co-owner admits to falsifying logs, exceeding federal hours-of-service rules in case linked to 7 motorcyclist deaths.
ACT Research lowers 2025 truck forecasts as inventory hits record levels. FTR reports July Class 8 orders below expectations, signaling market shifts.
DEA seizes 2,380 lbs of meth in GA, their 3rd largest bust ever. Mexican Cartel hid them in celery shipment.
Plus, Pride Group shuts down under massive debt, while Mexico solidifies its position as the U.S.'s top trading partner, and a trucking owner pleads guilty in a fatal crash case.
Canadian trucking giant Pride Group's closure could affect freight rates and driver market: $637M in debt, rejected rescue plan, and potential industry impact.
GLS Group divests US freight divisions to DC Logistics, focusing on parcel services. Deal closes Sept. 1, 2024. DC aims for top 20 LTL carrier status.
Mexico outpaces China in US trade, hitting $415B in first half of 2024. Laredo, TX remains top gateway as nearshoring trends reshape global supply chains.
The best-performing freight stock of 2024 might surprise you.
Plus, $10K in tuna cargo stolen, Forward Air's big leap in stock price, and more.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
Canned tuna stolen from parked semi in South Philly. Part of ongoing cargo theft trend. Police warn truckers to stay alert and report suspicious activity.
Plus, 300 stolen pallets were recovered in California, project44 takes MyCarrier to court, and more.
Join over 14K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
