🎣 Carriers Are Done Being Nice
Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
“The first thing is to go ask if they have cross-border freight,” said Matt Silver, Co-Founder & CEO of Cargado. “You have to actually go ask for it.”
Plus: Trump’s truck tariffs shake global OEMs, insurance premiums keep climbing, cargo theft surges in Mexico, and more in today’s newsletter.
BSI Consulting reports cargo theft surging in Q3 2025, with Mexico accounting for 75% of North American cases. Hijackings dominate, while criminals deploy new tactics like GPS jammers and fake police checkpoints.
Nuclear verdicts and AI are reshaping trucking insurance. Despite Werner’s court win, premiums and retentions rise. Insurers are seeking certain demands.
Trump’s 25% heavy truck tariff lifts Ford shares but pressures Daimler, Traton, and U.S. fleets reliant on Mexico-built trucks.
Plus: regulators crack down on crooked brokers, Echo expands into Monterrey, CDL testing scam leads to more jail time, and more in today’s newsletter.
Two men sentenced in Massachusetts CDL scam as unqualified drivers obtained licenses with falsified tests. Ex-state trooper at center of scheme faces sentencing in October.
Echo Global opens a Monterrey office as U.S.-Mexico trade rises 21% in 2025. The move strengthens cross-border logistics amid booming nearshoring and record foreign investment in Mexico.
FMCSA upgrades its complaint database to include broker fraud for the first time. Regulators, truckers, and brokers agree modernization is overdue, but enforcement will determine its effectiveness.
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