Plus, a CSX train collides with a semi hauling a military tank in South Carolina, a truck driver is awarded $160M in a lawsuit over a defective truck, and Truckstop announces another round of layoffs.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
Plus, electric trucks are costing more to operate than anticipated, Peloton claims Flexport cost them millions, and a truck driver passed out after police found cocaine in his cab.
Good Friday morning. If you thought your week was tough, spare a thought for the CEO of Forward Air, whose stock plummeted 23% following the release of its quarterly performance report this week. In today's main story, we analyze the winners & losers of the 2024 freight stock market.
🤔 Question of the Day: In the last 365 days, share prices of XPO have risen by ____%. Scroll to our main story to find out.
Plus, a CSX train collides with a semi hauling a military tank in South Carolina, a truck driver is awarded $160M in a lawsuit over a defective truck, and Truckstop announces another round of layoffs.
Here are three tips for sourcing great quality carriers (without having to use a load board).
Plus, Aurora to launch 100 mile route, RXO completes $500M stock offering, freight tech company aifleet raises $16.6M, and more.
Landstar is one of the largest transportation companies in the U.S. and, from a broker's perspective, also one of the most criticized.
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