Plus, cargo theft risks spikes ahead of Memorial Day, April sees drop in freight, a Wisconsin carrier and brokerage file for bankruptcy, and more.
ATA and ACT Research report declines in U.S. truck tonnage and trailer orders in April, as economic uncertainty and tariff pressures stall recovery across freight and equipment markets.
Trucking firm Elite Carriers and brokerage affiliate ECI Inc. have filed for Chapter 11 bankruptcy, joining three other entities owned by Kirk Ecklund in seeking protection.
Truckstop acquires FreightFriend, utilizing AI to enhance freight matching activities and empower brokers and carriers with streamlined operations.
Truckstop, an industry-leading freight marketplace, announced its acquisition of FreightFriend, a cloud-based capacity and freight management solution powered by artificial intelligence. This acquisition further strengthens Truckstop's leadership in matching high-quality freight with reliable carriers. The FreightFriend platform aids carriers and brokers in managing their business relationships, thereby reducing friction and improving freight-matching outcomes. This strategic partnership is expected to greatly improve customer experiences by enhancing the ease and efficiency of freight matching.
Source: PRNewswire
UPS explores humanoid robots with Figure AI while cutting 20K jobs and closing 73 sites in major network overhaul.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
Discover how Stevens Transport uses Bitfreighter’s API automation to dominate spot freight. More loads, less burnout, higher margins.
Freight brokers are over AI hype. Here's why they want ready-to-use tools (not overhauls) and how Epay Manager is quietly changing the game.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
