🎣 8.4% Freight Drop, Rising Exits
Plus: Three USDOTs, one apartment draws scrutiny, cargo theft tops $6.6B, lumber and furniture tariffs bite, and more in today’s newsletter.
Their stock jumped nearly 15% after the earnings report. Plus, there are 3,420 fewer brokerages compared to August 2023, Fastline Cargo has filed for Chapter 11 bankruptcy, and more.
Good Morning & Happy Friday. Today we take a look at the year-over-year decline in operating freight brokerages and C.H. Robinson's surprising Q2 earnings.
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