FMCSA launched a new carrier registry three weeks ago to stop freight fraud — zero new carriers have been registered since. Plus: PepsiCo is running 41 driverless trucks, peak season and a shrinking driver pool, cameras know where your carriers have been, and more.
Freight AI pilots succeed. Production deployments often don't. Augment CEO Harish Abbott on the change management gap — and what ops leaders need to do before the tech even matters.
The freight boom arrived. For some carriers, it arrived too late. We explain why in today's feature. Plus: real gouda fellas, satisfactory doesn't mean safe, LTL is waking up, and more.
Waves of uncertainty have hit the logistics world, especially with Convoy's unexpected exit. Everyone knows someone affected. Reliance Partners' President, Chad Eichelberger, is right in the thick of it, sending out best wishes and sharing insights.
Quick Insights:
Current Challenges: Rising interest rates, fewer loads, shrinking margins.
Legal Woes: Increased cargo fraud and broker lawsuits.
Speaking Up: The industry needs a unified voice against shippers with harsh demands. It's crucial not to see these tough conditions as 'just how things are.'
Tips for Navigating:
Stay firm on contracts.
Vet carriers diligently.
Understand your insurance.
Engage actively with lenders.
Trends Seen At Reliance Partners:
Peak motor carrier cancellations in May with a gradual bounce-back.
Reported freight brokerage revenue dips by 20%.
Capacity stats indicate where the market is headed. "If the reduction continues, then the environment starts to look more encouraging." Source: Reliance Partners
I’m Adriana, a writer and editor at FreightCaviar. I’ve covered everything from freight tech to industry lawsuits and market shifts, helping scale us to almost 14K subscribers. My goal: to make logistics stories digestible, clear, and fun to read.
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