FreightWaves contributor Adam Wingfield argues that trucking remains in a “Great Trucking Recession,” with suppressed rates, bankruptcies, and structural challenges hitting small carriers harder than 2008.
Truckstop.com acquired fintech firm Denim to expand AI-driven invoice automation and faster factoring options for carriers and brokers, aiming to improve cash flow and streamline back-office operations.
The fatal Florida truck crash has triggered a federal probe into CDL licensing failures.
Plus: Tesla to build an electric semi-truck corridor, FMCSA approves TIA's petition for freight broker training, and Arrive Logistics releases a freight market update.
Happy Earth Day. We hope you're thinking green even though a bunch of trucking stocks are seeing red. Today's feature takes a look at cooling stock prices as Q1 earnings reports from major carriers have sparked concerns.
🤔 Question of the Day: Which of these four publicly traded mega carriers has had the worst-performing share price in the last 30 days? Scroll to our main story to find out.
A. ArcBest
B. Forward Air
C. Knight-Swift
D. J.B. Hunt
What really happened with Convoy? How did Silicon Valley get freight brokerage so wrong? We got the answers from the ultimate insider: Bill Driegert, Co-Founder of Uber Freight and now EVP of Convoy Platform at DAT Freight & Analytics.
Plus: A Florida trucker charged in a fatal illegal U-turn crash, C.H. Robinson earns back its S&P upgrade, truck OEMs ditch the clean truck pact, and more.
Plus: Chattanooga floods close I-24 and stall freight, LA port hits its highest monthly volume in 117 years, July sees another spike in trucking bankruptcies, and more.
Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
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