A penny stock wiped $4.8B off C.H. Robinson's market cap yesterday. Plus: self-driving trucks are now running 1,000 miles nonstop, STG Logistics cleared a major bankruptcy hurdle, the FMCSA revoked nine ELDs, and more.
For a long time, secure parking lived in the “nice-to-have” bucket. That framing no longer works. In today’s environment, secure parking functions as a preventative security layer.
Here’s what’s trending across freight and logistics on X, LinkedIn, Reddit, and YouTube.
As border towns like Laredo and McAllen rise in prominence, the U.S. freight industry stands at a pivotal junction, with opportunities and challenges awaiting.
Border towns, often viewed as mere pass-through locales, have experienced a dynamic transformation, emerging as critical linchpins in the U.S. freight landscape. As demand patterns transform, significant changes are underway:
Demand Surge: Border towns of Laredo and McAllen in Texas have witnessed their truckload demand nearly double since 2018. Their location facilitates seamless cross-border trade, supporting sectors like automotive, electronics, and agriculture. Phoenix follows suit, emerging as a burgeoning warehousing hub.
Infrastructure Investments: With increased demand, there's been notable investment in infrastructure—new roads, expanded warehousing facilities, and advanced customs checkpoints—all designed to enhance throughput and efficiency.
Diversified Supply Chain: Post-pandemic and amidst global trade tensions, companies have been keen on diversifying their supply chains to mitigate risks.
Labor Market Dynamics: With the rise in activity, border towns have seen job growth, especially in logistics, warehousing, and transportation sectors. This growth might spur socio-economic development in these regions.
Plus: Mexico freight anchors 2026, C.H. Robinson's in-house AI tools, Overhaul's NC theft recovery
Plus: a $400K lobster shipment stolen en route to Costco, a $7M cocaine bust, California’s non-domiciled CDL crackdown's legal challenge, and more.
Lineage will acquire and build cold-storage facilities in partnership with Tyson Foods, investing nearly $1 billion to streamline Tyson’s supply chain and expand cold-storage capacity nationwide.
A report from Everstream.ai details how the 2024 US elections could sway the supply chain, affecting cross-border trade and commodity markets.
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