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.
Join us as Kevin Nolan, Founder & CEO of Nolan Transportation Group (NTG), discusses his journey in the logistics industry, from entry-level to opening his own MC, and AI's future impact.
Nearly 4 out of 10 freight brokers say they reject ten or more invoices per week due to incomplete or incorrect paperwork. With Epay Manager's NLP automation, you can win back your time and money.
Plus, a company raises $200M to put self-driving trucks on the road, Forward Air fires 150 employees, and this mega carrier CEO believes the freight market is normalizing.
"I worked at two of the larger, more reputable brokerages and left them for smaller shops. I learned that the grass isn't always greener..."
Leathers highlighted that inventory levels have normalized, allowing retailers to enter a replenishment cycle not seen in years.
Freight carrier Forward Air cuts 150 employees across sales, tech and C-suite after debt-laden Omni Logistics acquisition.
Waabi pioneering generative AI for self-driving trucks, raises $200M to commercially launch fully driverless trucks on roads in 2025.
In an uncertain economy, transportation and logistics businesses reduce costs with Stealth Monitoring's live video monitoring, combining AI, machine learning, and human intelligence for proactive security solutions.
Join us as Andy Tomka, Vice President of Product at MVMNT, discusses how his journey in freight, inspired by his Iowa roots, led him to Echo Logistics. Discover his insights on technology, AI, and industry disruption.
Plus, training software that helped scale Nolan Transportation Group raises $30 million; fees are increasing for brokers and carriers; and PepsiCo triples the size of its electric fleet.
From PepsiCo to Amazon, big businesses are rapidly electrifying delivery vehicles and private fleets to reduce emissions.
Trucking faces 25% UCR fee hikes in 2025 and rising phishing scams.
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