Plus: The US Chamber of Commerce challenges the FTC ruling on banning non-competes, Covenant Logistics' profits plummet, and Tesla postpones Semi production until late 2025.
Here's a glimpse at the latest Q1 results for major carriers, with key financial details and insights from company leaders.
Here's an update on the latest challenges and advancements shaping the green trucking industry, from layoffs to new charging sites.
Amazon leads the 2024 Top 100 Logistics Companies with $140 billion in revenue. Industry sees major shifts with mergers, acquisitions, and closures.
Sheer Logistics acquires CargoBarn to enhance 4PL services and expand its freight brokerage offerings.
Unpaid bills can stem from a variety of scenarios: scams involving fraudulent loads, instances of double-brokering and more. Each scenario presents its own set of challenges, requiring brokers to adapt and employ different strategies for resolution.
Early this year, Becker faced a ransomware attack that crippled their operations, prompting a major rebuild.
Trust issues? In freight, they’re a big deal. Heavy skepticism surrounds brokers and digital marketplaces. This lack of trust can slow things down and make every transaction a bit more tense. The solution? Unparalleled customer service.
Insiders and LinkedIn trails reveal apparent layoffs at MoLo and Parade. Official announcements have not been made.
Andrew Silver and Matt Vogrich join Mastery Logistics Systems, founded by Jeff Silver, as EVPs.
Levity helps fast-moving 3PLs and freight brokers to do more with less by automating the most time-consuming and repetitive email tasks.
Shipwell's sale of its brokerage arm to CloudTrucks allows the company to refocus on the core of its SaaS platform.
CEO Ryan Petersen has emphasized the necessity of these tough decisions to guide Flexport back to a profitable state.
Brokerage fraud has made the landscape of our industry unrecognizable, and unfortunately, its impact continues to grow and expand daily. As logistics industry lifers, we recognized the pressing need to devise methods for safeguarding our operations and valued partnerships.
Coyote Logistics introduces "voluntary separation" program for high-level employees, marking its fourth staff reduction in 2023.
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