Plus, a tornado devastated a FedEx facility in Michigan, Costco received Tesla Semis, and US-Mexico trade reached $200 billion in Q1.
Integration of #1-rated owner-operator load board and #1-rated TMS software expands services for brokers and carriers.
Tornadoes have swept through states like Michigan, damaging facilities like a FedEx depot in Portage. Plus, a major storm continues to unleash rain, snow, and wind across Montana.
Coyote Logistics introduces "voluntary separation" program for high-level employees, marking its fourth staff reduction in 2023.
Coyote Logistics targets senior managers and directors in its latest effort to trim its workforce during the freight market downturn.
Key Points:
This initiative is part of Coyote's broader optimization strategy, with affected employees getting the chance to accept voluntary separation packages. While it’s a fully voluntary program, there's a hint that those who opt not to leave might face eventual layoffs.
Source: FreightWaves
Levity helps fast-moving 3PLs and freight brokers to do more with less by automating the most time-consuming and repetitive email tasks.
Shipwell's sale of its brokerage arm to CloudTrucks allows the company to refocus on the core of its SaaS platform.
Sheer Logistics acquires CargoBarn to enhance 4PL services and expand its freight brokerage offerings.
Brokerage fraud has made the landscape of our industry unrecognizable, and unfortunately, its impact continues to grow and expand daily. As logistics industry lifers, we recognized the pressing need to devise methods for safeguarding our operations and valued partnerships.
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