Plus, Utah hands down an $81M nuclear verdict, hundreds of Mexican driver visas revoked at the border, Q1 earnings roundup, and more in today's newsletter.
Learn how freight brokers can source vetted carriers faster using real lane activity, invoice-backed rate intelligence, and proactive fraud monitoring through OTR Select
How Lloyd’s of London went from a dockside coffee shop to the backbone of global cargo insurance and why freight brokers still debate using it.
Signs point to the trucking industry nearing the end of the current freight recession, with trucking revenue still high despite reduced demand. A market turnaround, however, is yet to be seen.
Tiger Cool Express, an innovator in temperature-controlled domestic intermodal, has closed, impacting over 50 jobs. The closure follows declining demand for intermodal and low trucking rates.
The Teamsters union and Yellow Corp. are locked in a dispute over the "One Yellow" initiative. This plan, aimed at integrating Yellow's regional networks, faces resistance due to its potential impact on truck drivers' roles and job security.
Owing to battery supply chain issues, Tesla's CEO Elon Musk has announced that large-scale production of the company's electric Semi truck will be delayed until the end of 2024.
New FMCSA guidelines aim to clarify the roles and responsibilities of brokers, dispatchers, and agents in the trucking industry, helping to expose and curb illegal broker activities.
Schneider National aims to attract new drivers, utilizing in-game billboards in American Truck Simulator for recruitment.
Less-than-truckload carrier Yellow Corp. faces a financial crisis, potentially running out of cash by August. The Teamsters union, citing past mismanagement, refuses another bailout.
FTR forecasts a positive turn for dry van and reefer spot rates despite an industry-wide loss of capacity and concerns over economic inflation.
Chad Eichelberger, Reliance Partners President, discusses trucking industry trends, insurance, and the impact of technology.
Key Interstate 95 in Philadelphia collapses after tanker fire, causing major disruptions. Cleanup efforts and transportation alternatives are underway.
At the Calexico border crossing, U.S. Customs officials seize over 2,000 pounds of methamphetamine, worth around $4.3 million, concealed in a Brussels sprouts truck.
Landstar, the infamous company we freight brokers and dispatchers like to make fun of, is laughing right back at us.
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