Plus: A Google Cloud outage disrupts key freight platforms, a new Trevor Milton doc takes aim at the fraud narrative, GenLogs ranks the top carrier activity leaders, and more.
Trevor Milton’s documentary disputes his fraud conviction, presenting new evidence, industry critiques, and personal claims of injustice to reframe his fall from Nikola’s helm.
A June 12 cloud outage disrupted major logistics platforms including Truckstop and Project44 and others.
Logistics property rents rose by 6% globally in 2023, with a significant 19% increase in Mexico, driven by nearshoring and demand.
In 2023, the logistics property sector enjoyed a robust 6% growth in global rents. This uptick, reported by Prologis, indicates a strong sector despite a rough economic climate.
Here are some focal points:
Source: Logistics Management | Prologis
Lineage will acquire and build cold-storage facilities in partnership with Tyson Foods, investing nearly $1 billion to streamline Tyson’s supply chain and expand cold-storage capacity nationwide.
In the latest episode of "The FreightCaviar Podcast", we sit down with Roberto Icaza, Co-Founder, President & COO at Rapido Solutions Group. He talks about doing cross-border business in Mexico, and shares advice for young people looking to find their path in life.
Rapido's co-founders, Danny Frisco and Roberto Icaza, saw the potential of Mexico’s skilled workforce through their logistics experience with Coyote and BlueGrace. A chance lunch in Guadalajara sparked the idea to create a company bridging U.S. brokerages with top-tier logistics teams in Mexico.
A robust, proactive, and responsive security system is essential to reduce cargo theft risks effectively. Leading the charge in these solutions is remote live video monitoring. Learn more here.
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