Why Are Ocean Freight Rates Spiking Again?
Ocean freight rates are rising due to supply constraints, route changes, and peak season prep. Hereβs whatβs driving the increases and what to expect next.
Plus, this Chicago-based trucking company is accused of manipulating log books, which caused a fatal accident.
Plus, Revoy's trailer add-on boosts semi-trucks from burning 6 mpg to 120 mpg, 205 MCs exited the market last week, and HappyRobot AI launches to automate tracking calls.
Plus, Flock Freight trims down operations, former trucking CEO gets a $5.5M goodbye, and Alaskan truckers are cashing in.
Plus, layoffs at MoLo & Parade, an Illinois trucking company with 183 trucks files for bankruptcy, and Zynning goes mainstream.
Today, we're examining last month's steep decline in rates. Plus, Uber Freight's ambitious expansion in Europe, the performance of U.S. imports in February, and the implications of the MOVE Act on truck weight limits.
Echo's CEO offers an optimistic outlook on the freight market recovery, a Virginia freight company files for bankruptcy, and why 2024 may be the year of drone delivery.
We're giving you a look at spot market changes over the last year. Plus: Why Target stock hit a 52-week high, IKEA's legal battle with Convoy, and a celebration of women in freight.
Plus, active freight brokerages continue to decline, Las Vegas & Central Florida are warehouse hotspots, and DAT Load Board Postings Dip.
California authorities closed a 100-mile stretch of I-80, linking Reno and Sacramento, due to "spin-outs, high winds, and low visibility." The closure, from the California-Nevada border west of Reno to near Emigrant Gap, California, lacks an estimated reopening time.
TGIF. That's all. π€ Poll Results: Last week, we asked if you were working in the office, remotely, hybrid,
For freight brokers, these rankings are key. Knowing the top performers in specific regions, mileage bands, and direct retailer deliveries leads to smarter carrier selection.
Mykola Datkun, a 33-year-old trucking company owner from Port Barrington, Illinois, is at the center of a cheating operation aimed at getting around the CDL testing process.
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