Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
We took the opportunity to ask our Instagram followers about their best days as freight brokers. Here are some of their responses...
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
UPS acquired Coyote Logistics in 2015 for $1.8 billion, marking it as the most expensive acquisition in UPS history at the time.
Good Monday morning. Today, we're covering UPS post-earnings report maneuvers: From 12K in job cuts to possibly selling its Coyote brokerage unit. Plus, explore truck volume trends, beefed-up cargo thefts in Philly, and the sustained strength of U.S. cross-border freight. The world's most famous double broker is also back.
🤔 Question of the Day: What is the best freight city in the US? Scroll to the main story in Around the Freight Web to cast your vote.
In today's email:
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Plus, a wild freight broker spying story, a Chicago-area trucking company filing for Chapter 7 bankruptcy, and more.
UPS maintains ambitious 2026 targets, but investors remain skeptical as it misses its Q2 expectations, sending the stock tumbling 13%.
Plus, Alvys TMS raises $20.5 million, cyberattacks in the transportation sector triple, and a major IT outage disrupts global supply chains.
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