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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.
The number of operating freight brokerages has experienced its most significant decrease since a notable dip in 2014, with growth rates turning negative from July 2023. By October 2023, the count of active and authorized brokerages decreased by 5.6% compared to the same month in the previous year. This decline follows a period of rapid expansion during the pandemic.
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