π£ Freight Fraud Isnβt Slowing Down
Today, we're breaking down Highway's latest Freight Fraud Index, revealing the state of freight fraud in Q1 2025.
Platform Science acquires Trimble's telematics business, promising more apps and better fleet tech, expected to be a historic freight tech deal.
Plus, a CSX train collides with a semi hauling a military tank in South Carolina, a truck driver is awarded $160M in a lawsuit over a defective truck, and Truckstop announces another round of layoffs.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
A train collided with an 18-wheeler carrying a military vehicle at a Goose Creek railroad crossing. No injuries reported.
Here are three tips for sourcing great quality carriers (without having to use a load board).
We are thrilled to announce that Truck Parking Club has reached 700 Property Member locations!
Plus, Aurora to launch 100 mile route, RXO completes $500M stock offering, freight tech company aifleet raises $16.6M, and more.
Aurora Innovation plans to offer autonomous trucking services on a 1000-mile route between Fort Worth and Phoenix, starting in 2025.
Tech-driven trucking startup aifleet secures $16.6M Series B, aiming to become largest US carrier with AI-powered optimization and industry-leading efficiency.
RXO's $500M stock offering powers its acquisition of Coyote Logistics, expected to close by September 20, 2024.
Landstar is one of the largest transportation companies in the U.S. and, from a broker's perspective, also one of the most criticized.
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