In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
Good Monday morning. Today, we're looking into social media conversations on the operational costs of trucking and pulling in data from The American Trucking Research Institute to sort fact from fiction. We also spotlight Flexport's challenging layoffs, BGSA Supply Chain 2024's key highlights, and Marten Transport's financial downturn. Plus, check out the performance of the youngest forklift operator in Around the Freight Web.
🤔 Question of the Day: Can you guess the total marginal cost per mile for operating a semi-truck in 2022?Scroll to the main story to find out.
This Newsletter is Brought to You by Trucker Tools.
In today's email:
Three Freight Headlines: Flexport Layoffs, BGSA Conference Insights, and Marten's Financial Struggle
The True Cost of Trucking
Around the Freight Web: Toddler Transporter, Q4 GDP Growth, and Texas Trucking Firm's Bankruptcy.
Freight Meme of the Day
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Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
Plus, a trucking company owner and crew convicted in meth smuggling ring, Walmart and other retailers hold "productive" talks with President, what it means when consumers "buy now, pay later" on groceries, and more.
Plus: LAPD busts a $3.9M cargo theft ring, Nuvocargo and UPS expand in North America, U.S. moves to ease rules for self-driving trucks, Funny Freight Friday, and more.
The fentanyl pipeline is the dark mirror of global logistics: lean, fast, and deadly. And while freight fights inefficiency, the cartels are mastering scale.
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