Freight brokers are getting squeezed by extended shipper payment terms. Here’s how the smartest teams are reducing DSO, improving cash flow, and surviving the float gap.
We sat down with TrueNorth’s CEO to talk about their AI load board. Plus, our featured carrier this week.
Plus: PTL truck struck by BNSF train, Carrier411 cuts ties in Mexico, license scheme bust in Florida, and more in today’s FreightCaviar newsletter.
"15 years ago, the Chicagoland trucker was looked at as like sketchyville, right? Sketchyville USA."
Plus, this former NFL MVP now owns a freight brokerage; RXO and C.H. Robinson have been hit with debt downgrades, and more.
Metallica's European tour features Iveco's renewable-energy trucks run on renewable natural gas and hydrogenated vegetable oil.
RXO joins C.H. Robinson and Forward Air as the latest to face debt downgrading.
Cam Newton's New Play: Freight Brokerage. The former MVP quarterback discusses his ventures in the trillion-dollar freight industry, calling it "recession-proof."
Over half of all respondents in a FreightCaviar poll said rising costs are putting the biggest pressure on freight broker margins. How can you relieve it?
Plus, spot rates are up, inbound volumes at the top 10 ports have risen for seven straight months, a freight broker meme, and more.
Forward Air faces major setbacks with a 91% stock decline and debt downgrades from Moody’s and Fitch. Leadership changes and financial woes compound the turmoil.
Spot rates up 11 cents since May start, driven by temporary factors like Blitz Week and Memorial Day. Long-term sustainability uncertain.
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
Join us this week as Alex Bates, a Canadian dispatcher in Serbia, shares his journey, insights on Europe's dispatching hotspot, and valuable team management tips.
1. "Amateurs talk strategy. Professionals talk logistics." - General Omar Bradley 2. “Products can be easily copied. But
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