Plus: Chattanooga floods close I-24 and stall freight, LA port hits its highest monthly volume in 117 years, July sees another spike in trucking bankruptcies, and more.
Funny Freight Friday: You heard him- sing!
Bankruptcy filings and closures are mounting in trucking as tight lending and “zombie carriers” keep rates low, delaying the market correction and prolonging a multi-year freight recession.
Global shipping markets face a late-summer mix of tight space, tariff uncertainty, and inland transport pressures.
Israeli ship in Indian Ocean targeted by suspected Iranian drone amid regional tensions and ongoing conflict with Hamas.
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