Plus: LA port volumes tumble amid tariffs, huge OTR v. DAT update, three freight firms file Chapter 11, and more in today’s newsletter.
Port of Los Angeles cargo volumes fell 5% in May due to rising tariffs.
Three freight companies filed for Chapter 11 bankruptcy this week, triggering millions in claims from creditors.
The New Premier Autonomy program offers carriers access to Aurora-equipped autonomous trucks through 2030, with Uber Freight providing a shipment network.
I had the privilege to see Metallica live in Helsinki, Finland, and play the song Battery. "Lashing out the
Join us as Billie Rodriguez, Director of Carrier Solutions, and George Schergen, VP of Client Services at Dynamic Logistix, discuss pricing, transparency, and building strong relationships with clients.
Plus, a Texas-based trucking company abruptly shuts down, leaving 2000 jobless. The Southeast is heating up, and more.
Rather than trying to play in all aspects of freight, including LTL, FTL, asset-based carriers, etc, Tomé wanted to focus on consolidating UPS to what they do best: Parcel Delivery.
Southeastern carriers are rejecting loads at the highest rate since July 2022, breaking a two-year trend of low volatility and loose capacity.
Texas-based U.S. Logistics Solutions, owned by Ten Oaks Group, abruptly ceased operations, leaving employees jobless and freight abandoned across the country.
Plus: why you shouldn't expect a summer heatwave in truckload rates, more info on APL Cargo's bankruptcy, and the latest DAT hack.
Indiana trucking company APL Cargo pursues post-bankruptcy financing deal with factoring company WEX Bank, while battling multiple lawsuits and owing $2.3M in secured debt.
"He gave me a sheet of all the companies that were under our umbrella, about ten in total, all with official US DOT numbers. Strange. Why not just work under one company?..."
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
Supply chain professor Jason Miller analyzes June truckload data, suggesting the market won't meaningfully flip to carriers until Q2 2025 at the earliest.
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