🎣 Port Strike Suspended
Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
"The majority of the reason for why some of these increases are happening is because of the rampant scamming that's happening in our industry."
We are back. Apologies to all of you who thought that we were indeed shutting down. It was just an April Fool's joke. In today's newsletter, we do a deep dive on the rising costs of surety bonds for freight brokerages and the impact it has caused in the market. Besides that, we have plenty of other interesting stories.
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🤔 Question of the Day: The world's oldest transportation company in operation and is currently expanding its market share in the United States is _______. Scroll to the Around the Freight Web section to find out.
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