🎣 Freight Stocks Got Rocked
A penny stock wiped $4.8B off C.H. Robinson's market cap yesterday. Plus: self-driving trucks are now running 1,000 miles nonstop, STG Logistics cleared a major bankruptcy hurdle, the FMCSA revoked nine ELDs, and more.
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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