🎣 Port Strike Suspended
Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
Echo's CEO offers an optimistic outlook on the freight market recovery, a Virginia freight company files for bankruptcy, and why 2024 may be the year of drone delivery.
Happy National Napping Day, but we've got a few stories you shouldn't be sleeping on. We're featuring an update on the issues plaguing the Suez and Panama Canals, the main arteries of global trade. Plus, Echo's CEO offers an optimistic outlook on the freight market recovery, a Virginia freight company is on the outs, and why 2024 may be the year of drone delivery.
🤔 Question of the Day: The Panama Canal drought caused a massive spike in toll costs, with some operators paying up to _____ times more than usual, reaching around $500,000 for a single crossing. Read our main story to find out.
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