🎣 DOT Drops the Hammer
Plus: Supreme Court tariff ruling is pending, private equity buys 90-year-old Dart, U.S. Bank, DAT launch rates report
China's Tech Leverage in the Global Supply Chain China has set export restrictions on two minerals, gallium and
Diesel prices see a significant decline due to weakening spot market differentials and reduced oil exports from Russia and Saudi Arabia. Amidst China's shrinking oil demand and economic challenges, the global oil market faces a period of uncertainty.
Yesterday, the Bloomberg Business account on Instagram reported that their study concluded, "more than one in four office workers
Truck prices have seen a significant drop recently, with three-year-old trucks losing an average of $10,000 in May alone.
FreightTech sector maintains investor interest as Cart.com, Nuvocargo, and Cargobot secure $102 million in collective funding for expansion and innovation.
Warehouse tech startup Dexory secures $19 million in Series A funding to expand its AI and autonomous robot-driven inventory management solution.
Traxion expands its US footprint with a $10 million acquisition of BBA Logistics, setting sights on more opportunities in the US market.
Digital freight platform Convoy reduces staff and witnesses co-founder Grant Goodale's resignation, as the company adjusts to industry shifts.
Less-than-truckload carrier, Yellow Corp., has filed a $137 million lawsuit against the Teamsters union amid a severe financial crisis.
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