Happy 4th of July Week: Here's a round-up of the most engaging and talked-about freight content from around the web and from us.
Plus: Uber Freight’s $9M hit in Del Monte’s bankruptcy, ATRI says trucking costs are up (again), July 4 cargo theft risks spike, and more.
Fifteen stolen loads. Four fake carriers. One ring of trucks hiding in plain sight. GenLogs uncovers how zip-tied plates, swapped MCs, and a $200K solar panel swipe exposed a coast-to-coast cargo theft network brokers missed.
Chicago-based Coyote Logistics, a UPS subsidiary, cuts jobs in sales and operations to align with business needs.
Coyote Logistics, a digital freight brokerage based in Chicago, has recently confirmed job cuts in its sales and operations divisions. The exact number of affected employees is undisclosed:
Anyone @CoyoteLogistics impacted by these layoffs, let me know - @BetterTrucks is hiring. Will match your existing comp structure. https://t.co/s4bKADhxrg
— Andy Whiting (@paducah) January 13, 2024
Employees received an email about the layoffs, signaling a challenging start to the year:
This development comes amidst similar actions in the industry:
Source: FreightWaves
Fifteen stolen loads. Four fake carriers. One ring of trucks hiding in plain sight. GenLogs uncovers how zip-tied plates, swapped MCs, and a $200K solar panel swipe exposed a coast-to-coast cargo theft network brokers missed.
Logistics companies using outsourced talent for billing, compliance, and dispatch are scaling smarter, without bloated overhead or hiring delays.
Freight brokers are getting squeezed by extended shipper payment terms. Here’s how the smartest teams are reducing DSO, improving cash flow, and surviving the float gap.
Ryan Daube, founder of AFN Logistics and respected industry leader, has died at 47 following a battle with cancer.
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