💵 Top 10 Highest-Paid CEOs in Freight Brokerage
Inside: FedEx's market triumph, the controversy at Yellow Corp, Waabi and Uber Freight's decade deal, and the hammer comes down on PPP loan-scamming trucker.
Written by Adriana Pulley
Check out our latest roundup of the top headlines from around the freight and logistics world. We gather news related to brokers, carriers, shippers, logistics startups, freight tech, and more.
Dancing Man: In what looks to be a social media stunt gone wrong, a man dies after slamming into an overpass while dancing atop a moving 18-wheeler on the highway.
Paper Due 11:59: A truck driver and his company are looking at 18 charges after the driver was caught completing last-minute paperwork while simultaneously driving a busted truck.
Better Bucks: A technology-driven logistics company focused on rapid parcel delivery, Better Trucks, secures funding of $15 million led by Lobby Capital.
Getting Greener: Dynamic pricing infrastructure secures a $5 million Series A investment from Tiger Global.
Against Goliath: Modest FL furniture importer OJ Commerce files a complaint against giants Maersk and Hamburg Süd alleging price gouging, collusion, and breach of contract.
Merry Maine: The state’s only seaport has seen busier waters with more ships from Iceland, and rail, warehousing, and infrastructure expansions on the horizon.
Gray Skies: Air cargo airline and logistics execs are clinging to a hope for better performance in 2023, following a 10.7% decrease in cargo demand in September that continues to lag.
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