Plus: PTL truck struck by BNSF train, Carrier411 cuts ties in Mexico, license scheme bust in Florida, and more in today’s FreightCaviar newsletter.
Carrier411 ends access for a Mexican staffing partner amid LA protest. U.S.-Mexico freight trade decreased but remains strong.
Florida authorities arrest eight in a driver’s license scheme involving "illegal aliens." DMV employees issued licenses without proper testing.
Van rates rose notably during Thanksgiving, while reefer rates saw an early boost before falling.
Data from CarrierOK shows a steep net loss of carriers from 2022-23, a trend not seen in the past 25 years.
Josh Bouk from TriumphPay forecasts a later freight market rebound by December 2024.
Georgia's freight market share drops as imports revert to the West Coast.
2022 saw a record $25.6T in global imports, with the U.S. and China leading amidst market shifts and policy impacts.
According to FreightWaves' CEO, Craig Fuller, Freightos is burning about $6 million per quarter, higher than its revenue.
Exploring the shift in inventory-to-sales ratios and its impact on the logistics sector's future planning.
Top executives from Ryder, Schneider, and Werner share their views on the freight market's future.
Maersk slashes 10,000 jobs amidst a downturn in global trade and excess shipping capacity, marking a strategic reset for the industry.
C.H. Robinson's operating income is down 60%.
Despite a surge in U.S. spending, trucking firms face shutdowns. Can the industry recover from this paradox?
Chad Eichelberger gives an inside look at the freight industry's challenges and offers seasoned advice for stability.
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