News
19th Consecutive Month of Negative Growth In Freight Brokerages
Freight brokerages have experienced 19 consecutive months of negative net growth, with another 188 losing their authorities, continuing the decline for the 19th straight month.
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Greenlane's Flagship Electric Truck Charging Stop
Greenlane, a joint venture involving Daimler Truck North America, NextEra Energy, and BlackRock, has begun construction on its flagship electric truck charging stop in Colton, California.
Review of The Week
Melton Truck Lines: Carrier Review 🏆
This week, we spotlight Melton Truck Lines, a veteran in the flatbed trucking industry, has been a cornerstone of reliable transportation for over seven decades.
News
Daimler Hit with $160M Nuclear Verdict
A recent $160 million verdict against Daimler Truck North America (DTNA) underscores the growing financial repercussions for trucking companies and equipment manufacturers due to safety issues.
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Investors Rebel As TuSimple Pivots To Gaming, AI
TuSimple is now attempting to relocate its assets to China to support a new venture focused on AI-generated animation and video games.
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$102 Million Awarded For Semi-Charging Corridor
The federal Department of Transportation has awarded $102 million for the development of EV truck charging stations and hydrogen fueling sites along Interstate 5, spanning California, Oregon, and Washington.
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Wabash Faces $462 Million Verdict in Truck-Trailer Crash
Transportation equipment manufacturer Wabash National is facing a substantial $462 million jury verdict in a lawsuit brought by the families of two men who died when their car collided with the rear of a trailer produced by the company.
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Passive Income Trucking Scam Stopped By FTC
A Florida-based company known as RivX has been ordered to cease operations following a lawsuit filed by the Federal Trade Commission (FTC) and the state of Florida.
Review of The Week
Cooler Logistics: Broker Review🏆
This week, we spotlight Cooler Logistics LLC, a specialized logistics provider headquartered in Chicago, IL.
News
BMO’s Q3 Numbers Shows More Trucking Credit Deterioration
A recent earnings report from BMO, a major lender in the trucking industry, revealed a significant decline in credit conditions during the third quarter.
News
North American Cargo Thefts Surge 49% In 2024
Cargo theft continues to be a growing concern across North America, with a significant uptick in incidents reported during the first half of 2024. According to data from supply chain visibility firm Overhaul.
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Canadian Panel Backs Government Order Resuming Freight Rail Operations
The Canada Industrial Relations Board (CIRB) has upheld Labor Minister Steven MacKinnon's decision to end the work stoppages at Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC).