Freight Friday! 👋 We’re starting the day with an interesting update from CargoNet’s Q1 2025 cargo theft report. While overall theft incidents have decreased by 7% year-over-year, the types of goods being targeted are shifting. More on the changing landscape of cargo theft ahead 👇 💬 More in Freight: ⚫️ UNFI Hit
Freight Day! 👋 We’re starting the week with a shift in U.S. container imports. In May 2025, imports dropped sharply by 9.7% from April and 7.2% year-over-year, hitting the lowest monthly total since March 2024. More ahead 👇 💬 More in Freight: ⚫️ Two Carriers File For Chapter 11 BK
Freight Day! 👋 Today, we're talking about a major sentencing in the logistics world. Sanjay Singh, founder of Royal Bengal Logistics in South Florida, has been sentenced to 23 years in prison for running a Ponzi scheme that defrauded investors of over $100 million. More ahead 👇 💬 More in Freight:
Freight Day! 👋 We’re starting the week with a shocking story out of Los Angeles. Executives at Sport LA Inc. are accused of smuggling billions of dollars in goods over the past decade, using bribes, shell companies, and cartel connections. The contraband included counterfeit batteries, medical devices, firearms, and drugs,
Freight Morning! 👋 We’re starting the day with a deep dive into granted vs. revoked freight brokerage authorities. Between January 2020 and December 2022, the FMCSA granted 25,286 new authorities, while revoking 15,419, resulting in a net gain of nearly 10,000 active brokerages. More ahead 👇 💬 More in
Freight Day! 👋 Today we're talking about an unconventional move in logistics. Houston-based Freight Technologies (Fr8Tech) is investing millions into Trump-themed meme coins to support its vision for stronger cross-border trade. More ahead. 👇 💬 More in Freight: ⚫️ Landstar Earnings After Fraud Delay ⚫️ U.S.-China Trade War Data ⚫️ Driver Causes
Freight Day! 👋 We’re starting the day with some rare good news on the tariff front. The U.S. and China have agreed to a 90-day pause in their escalating trade war, offering a brief sigh of relief for the freight industry. Tariffs on Chinese goods will drop from 145%
Freight Day! 👋 We’re starting the day with strong news for U.S. container imports. In April 2025, container volumes hit 2.4 million TEUs, marking a 1.2% increase from March and a 9.1% jump year-over-year, despite new tariff pressures. The growth follows the implementation of a 145%
Freight Day! 👋 The latest Logistics Managers' Index (LMI) shows growth continuing, but some early signs of softening are starting to emerge. While transportation capacity, utilization, and pricing all saw gains, a significant dip in utilization towards the end of the month signals potential challenges ahead. The LMI's
Freight Friday! 👋 We’re starting the day with a mixed outlook from the U.S. Bank Freight Payment Index from Q1 2025. While some regions saw improvements, the overall national picture was affected by severe winter weather, wildfires, and shifting trade dynamics. Freight volumes and spending declined compared to both
Freight Morning! 👋 We’re starting the day with exciting takeaways from Day 1 of the Broker Carrier Summit, where discussions set the stage for tackling some of the most pressing issues in freight. Key conversations focused on combating rising freight fraud and cargo theft, as well as practical strategies for
Freight Morning! 👋 Executives from Walmart, Target, and Home Depot recently met with President Trump to discuss tariffs, calling the conversation “constructive.” As retailers work through pre-tariff inventories, many are now viewing tariffs as an added “holiday tax,” especially with products on shelves for the upcoming back-to-school, Halloween, and Q4 holidays.
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Happy Freight Friday! 👋 The U.S.-China trade war is poised to significantly disrupt retail and trucking. Expect a slowdown in trucking activity by mid-May as dwindling imports from China lead to warehouse labor reductions. More details are coming. 👇 💬 More in Freight: ⚫️ Nuvocargo Acquires Merge Transportation ⚫️ Los Angeles Police Recover
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Freight Day! 👋 We’re starting the day with continued uncertainty in the freight market. While the U.S. has paused certain tariff increases until July 9, the broader landscape remains in flux as both shippers and carriers navigate shifting demand. More ahead 👇 💬 More In Freight: ⚫️ Tesla Electric Semi Mass Production
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Freight Morning! 👋 In 2024, U.S. containerized imports surged to 28.1 million TEUs, marking a 12.8% increase from 2023 and the second-highest import volume on record. However, the year also faced challenges, with supply chain disruptions and geopolitical factors shaping trade patterns. More ahead 👇 💬 More in Freight: ⚫️ Rising
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Freight Morning! 👋 We’re starting the day with an interesting update about freight AI from brokerage giant C.H. Robinson. The company’s proprietary generative AI agents have now successfully handled over 3 million shipping tasks, significantly boosting efficiency. Since rolling out its first AI agent in 2023, C.H.
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Another longtime name in refrigerated trucking is preparing to exit the road. Davis Express LLC, a Florida-based carrier founded in 1974, announced it will be closing its doors after 44 years in business.
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Kodiak Robotics has reached an agreement with Ares Acquisition Corp. II (AACT) to go public, valuing the company at $2.5 billion.
Review of The Week
This week, we spotlight ERL Intermodal Corporation, a trusted provider of intermodal drayage services headquartered in Utica, NY.
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FitzMark announced the acquisition of refrigerated brokerage High Point Logistics (HPL) and less-than-truckload broker Pentonix Freight on Monday.
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A New Jersey woman has confessed to stealing approximately $4 million from her employer, West End Express, a trucking company, to fund her gambling addiction.
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The Trump administration plans to withdraw from a trade agreement that allows Mexican tomatoes to enter the U.S. duty-free, imposing a 20.91% tariff starting July 14.
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Freight Day! 👋 We’re diving into the latest in freight brokerage M&A, as 2025 heats up with FitzMark acquiring refrigerated brokerage HPL and LTL broker Pentonix Freight. With nine acquisitions since 2006, FitzMark continues to expand its reach in refrigerated and LTL transportation. Additionally, the Trump administration is
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The NFL has partnered with a local trucking company to transport gear for the upcoming NFL Draft in Green Bay, Wisconsin.