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.
The trucking company confirmed the cargo was flammable and corrosive, but non-toxic. Still, locals are worried:
"I'm an asthmatic... I've been wheezy ever since. It was a heavy smell, an acrid smell that permeated the air," said Dr. Wayne Gangi.
Some chemicals spilled into storm drains
DEP says no air quality concerns
Nearby homes evacuated as precaution due to chemical fears
What's Next?
As the clean-up continues, Route 3 reopened Tuesday while the investigation into the crash is still ongoing. The crash highlights the dangers of transporting hazardous materials on busy highways. We at FreightCaviar are sending well wishes to all parties affected by this incident.
Hello! I'm Jerome FreightCaviar! I’m into the politics of freight and the impact it will have worldwide. I'm always eager to learn more. Follow me on X @JeromeFreightC
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
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