Plus: Strait of Hormuz tensions, Senate pushes English tests for CDL drivers, Craig Fuller slams FourKites’ CEO, and more in today’s newsletter.
Craig Fuller clarifies that his comments on Project44’s Movement platform were misrepresented by FourKites CEO Matt Elenjickal
Tensions in the Strait of Hormuz rise after U.S. strikes on Iran, threatening oil flows, diesel prices, and global freight shipping
"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.
In today's email:
Plus: Strait of Hormuz tensions, Senate pushes English tests for CDL drivers, Craig Fuller slams FourKites’ CEO, and more in today’s newsletter.
Plus: An industry data sleuth challenges FMCSA, $1.4M in Nintendo consoles vanish, Trump targets more imports, and more.
Week of June 19: A round-up of the most engaging and talked-about freight content from around the web and from us.
Plus: LA port volumes tumble amid tariffs, huge OTR v. DAT update, three freight firms file Chapter 11, and more in today’s newsletter.
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