"I'm more excited about the supply chain enabler side of it, that's actually building some of that tech to help brokers get more efficient, help shippers get more efficient, and help carriers get more efficient."
The transportation industry witnessed the quiet departure of Twin Express from Rogers, MN. While major fleet closures often dominate headlines, many companies like Twin Express go under the radar, leaving the community in suspense and stirring speculations on social media platforms. Our post on the FreightCaviar Instagram page was met with comments of surprise and disappointment from former partners.
Twin Express's closure is hinted by the disappearance of its online presence and, more explicitly, by Google’s "Permanently Closed" banner.
Twin Express - Over 150 tractors, now out of operation.
Online Indicators - The company's website is inaccessible, and Google lists them as "Permanently Closed."
We saw this as an ad on FreightWaves and realized that Twin Express, based out of Rogers, MN, has gone out of business. The ad mentions 150+ tractors. Although we often hear about large fleets closing in the news, many such fleets close without even making the headlines. pic.twitter.com/nqEmaDoEPs
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.