🎣 FMCSA to Fight Fraud

Plus: The US Chamber of Commerce challenges the FTC ruling on banning non-competes, Covenant Logistics' profits plummet, and Tesla postpones Semi production until late 2025.

🎣 FMCSA to Fight Fraud

TGIF. Today we take a look at the FMCSA's announcement that they are forming a team to fight registration fraud. After years of hearing industry cries, they have decided to do something about it. We're all curious to see how this pans out.

🤔 Question of the Day: Covenant Logistics saw net profit plummet by __% due to low freight rates. Find the answer below.

Correction: Our April 19 newsletter inaccurately stated that Redwood Logistics' revenue dropped to $640 million, as reported by Transport Topics. The cited figures reflect brokerage revenue only, unlike the 2023 data which represented overall revenue.

Today's Newsletter is Brought To You By Armstrong Transport Group.

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