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.
Nolan Transportation Group kicks off 2024 with 126 new sales reps, sparking mixed reactions in the professional freight community.
Uber Freight cuts 40-50 jobs for sustainable growth, affecting legacy Transplace employees.
CFO of C.H. Robinson, Mike Zechmeister, announces departure in 2024, with the company actively seeking a successor.
EO of Elite Transit fails to pay employees and carriers, leaving the company in turmoil. Ex-staff and carriers await overdue wages and payments.
After thriving for 26 years, SELSCS faced a challenging year with thefts, frauds, and capital issues. Dennis Martin, its CEO, finally decides to wind down.
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