In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
After a $355 million fraud ruling against former President Donald Trump, a group of truck drivers has called for a boycott against driving to New York City.
Happy Presidents Day. Coincidentally, today's main freight story highlights a former President of the United States and a hot topic on X (formerly known as Twitter). Truckers and others went to social media to protest after a NYC court ruled that former President Donald Trump must pay $355M. See what unfolded on social media this weekend by scrolling to our main story.
🤔 Question of the Day: Which US President signed the Motor Carrier Act of 1980, paving the way for trucking industry deregulation and freight brokerage growth? Scroll to the bottom of the newsletter for the answer.
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In today's email:
Three Freight Headlines: California ports back to hitting records, Universal Logistics beats expectations, and intricate drug-smuggling scheme busted.
Trucker NYC Boycott: Just a Fluke?
Around the Freight Web: Freight still finding the Bottom, 10-Year FedEx trucking fraud conviction, and alternative shipping at sea and in the air.
Freight Meme of the Day
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Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
Plus, a trucking company owner and crew convicted in meth smuggling ring, Walmart and other retailers hold "productive" talks with President, what it means when consumers "buy now, pay later" on groceries, and more.
Plus: LAPD busts a $3.9M cargo theft ring, Nuvocargo and UPS expand in North America, U.S. moves to ease rules for self-driving trucks, Funny Freight Friday, and more.
The fentanyl pipeline is the dark mirror of global logistics: lean, fast, and deadly. And while freight fights inefficiency, the cartels are mastering scale.
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