Plus: Feds probe fatal Florida crash tied to CDL failures, Trucking recession deeper than 2008 for some, Truckstop.com scoops up Denim for AI payments, and more.
FreightWaves contributor Adam Wingfield argues that trucking remains in a “Great Trucking Recession,” with suppressed rates, bankruptcies, and structural challenges hitting small carriers harder than 2008.
Truckstop.com acquired fintech firm Denim to expand AI-driven invoice automation and faster factoring options for carriers and brokers, aiming to improve cash flow and streamline back-office operations.
OTR Solutions resolves misunderstandings with Convoy and showcases its success rate, underscoring its authority in the industry.
Caminantes Trucking's devastating accident uncovers a web of uninsured trucks, delayed actions, and missed chances to avert tragedy.
In a softer freight year, TT100 carriers showcased resilience. Highlights include PepsiCo's growth, Amazon's rise, and notable newcomers and mergers.
Convoy Inc explores strategic decisions amid a challenging trucking market, as experts suggest potential mergers or sales.
Impostors target GLT Logistics and Maybach, using fake credentials to double broker loads. Companies clarify genuine communication channels.
Is Cramer's prediction a green light or a warning sign on the highway to investing?
Fraudulent load postings on DAT under TForce LSM, LLC; official communications use 'tiwwi.com' domain.
McLane's strict delivery rules draw criticism from truckers.
Scammers use LIV Enterprises' MC# for fake deals. Ensure emails are from @liventerprises.com & call 630-672-8545 for verification.
CBP officers seize $4.3M worth of meth hidden in vegetable shipment at Texas border; HSI initiates probe.
Yellow delays final paychecks to its laid-off employees by a day and has $92.9M in vacation pay up in the air after bankruptcy.
After UPS's union secured a $30 billion deal spread over five years, there was a surge in interest
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