Plus, FedEx and UPS harness AI in logistics, South America's trade scene challenges Panama Canal's constraints, and Estes navigates a disruptive cyberattack.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
Statewide Haulers LLC accused of vehicle theft during transport. Victims are seeking ways to track stolen cars.
Statewide Haulers LLC has been accused of vehicle theft by at least three individuals. After picking up the cars for transport, the carrier allegedly vanished, leading to police reports in Illinois and California and the FBI being involved. The company has been unable to provide driver licenses or truck plate numbers. One victim's 2019 Acura NSX was stolen, with the tracking system disconnected within two hours of pick-up. Despite the filing of police reports, insurance claims, and notifying border control, the whereabouts of the vehicles remain unknown. It is suspected that the cars may be moved to Mexico or sold for parts.
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Impostors target GLT Logistics and Maybach, using fake credentials to double broker loads. Companies clarify genuine communication channels.
Fraudulent load postings on DAT under TForce LSM, LLC; official communications use 'tiwwi.com' domain.
U.S. retailers, including Walmart, Kroger, and Whole Foods, are being targeted with bomb threats demanding ransom in the form of Bitcoin or gift cards, causing widespread disruptions.
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