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.
This insightful glimpse into the world of contract versus spot freight markets is contributed by Ruslan Shamanov, the Founder & CEO of Kavkaz Express, LLC.
With freight brokers playing a larger role, the typical freight cycle is undergoing some major changes.
Rising diesel prices increase trucking rates, masking effects on capacity and freight market trends.
Unpacking the UAW strike's implications for trucking and logistics.
Experts offer insights into the freight market's cyclical behavior and future direction using the DVSMCI indicator in a post-COVID landscape.
Winners: 1. Seattle, WA - San Francisco, CA: Clocking in an average of $1.34 per mile over the past
Winners: 1. Chicago, IL - Dallas, TX: Running at an average of $2.08 per mile over the past 30
TIA's Q2 2023 report shows modest shipment gains but declining revenues. Truckload sector shows resilience as TIA remains optimistic for future quarters.
Hurricane Idalia's arrival may shake up freight spot market as Florida braces for potential landfall.
As blanked sailings persist in Asia-Europe trade, U.S. importers absorb rising costs, with spot rates up 61% to $2,075 per container.
Werner Enterprises' CEO Derek Leathers believes the worst of the freight downcycle is over, despite ongoing challenges and volatile fuel costs.
Global freight forwarding market dips; headwinds from economic slump and evolving consumer trends.
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