🎣 This Ruling Could Break Brokerage
Plus, New York takes the CDL fight to federal court, a new wave of carrier and broker bankruptcies, cargo thieves are infiltrating vetted fleets from the inside — and more in today's newsletter.
Plus, Super Ego fires back at 60 Minutes, China tells Maersk and MSC to exit Panama ports, New York loses $73.5 million over non-domiciled CDLs — and more in today's newsletter.
Freight Technologies stock soars after announcing plans to buy Trump coin, critics aren't thrilled.
Forward Air bounces back 30% after tanking from its Omni merger mess. Investors are cautiously optimistic about the turnaround.
Aurora raises $483M, extending runway to 2026. Plans driverless truck launch in Texas by year-end. Here's how they are tackling trucking industry challenges.
UPS maintains ambitious 2026 targets, but investors remain skeptical as it misses its Q2 expectations, sending the stock tumbling 13%.
Lineage, the cold chain logistics leader, plans a massive $3.85 billion IPO, offering 47 million shares priced between $70 to $82 each.
This ranking of the best logistics stocks is based on hedge fund sentiment.
RXO shares jump on UPS Coyote acquisition. Analysts boost price targets, but concerns linger over leverage and integration challenges.
Forward Air faces major setbacks with a 91% stock decline and debt downgrades from Moody’s and Fitch. Leadership changes and financial woes compound the turmoil.
Forward Air's stock tumbles after the Omni merger and CFO departure. Earnings miss and legal battles further impact investor confidence.
Despite revenue declines, Universal Logistics outperforms in Q4. CEO sees potential uptick in H2 2024.
XPO stock has risen by 63% over the past six months, outperforming bitcoin's 52% increase.
Join over 14K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).