Capacity is tightening, enforcement is rising, and old visibility models no longer suffice. Here’s how full-market truck intelligence changes how brokers and shippers understand real supply.
"Lots of other reasons to be bullish on the trucking industry in 2024: retail inventories have burned off, easing credit conditions, ..." - Craig Fuller, CEO & Founder of FreightWaves.
Good Wednesday morning. Today's feature breaks down the key data from Arrive's January 2024 Freight Market Update. We're also looking at another alarming spike in cargo theft, the ongoing contraction in the freight brokerage sector, and Triumph Financial's impressive earnings. Don't miss TruckStop's insights on fraud prevention and a final agreement on a pivotal merger.
🤔 Quiz of the Day: Instances of freight fraud have skyrocketed in 2023, up ___% from 2022 and a whopping ___% from 2021. Scroll to the Around the Freight Web image to find the answer.
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In today's email:
Three Freight Headlines: Cargo theft spikes in 2023, freight brokerage declines, and Triumph Financial's soaring net income.
Breakdown: Arrive's January 2024 Freight Market Update
Around the Freight Web: Fraud crackdowns, a pivotal merger settlement, and air freight's unexpected ascent.
Freight Meme of the Day
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Plus: states unite to curb trucking fraud, Transfix’s full shift to freight software, renewed questions over FMCSA’s chameleon carrier system, and more.
Plus: what FMCSA crash data actually says about non-domiciled CDL holders, border turmoil testing nearshoring, and Morgan Stanley’s call for a 2026 trucking rebound — all in today’s newsletter.
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