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Passive Income Trucking Scam Stopped By FTC

September 06, 2024

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. RivX is accused of defrauding customers with misleading promises of lucrative trucking industry investment opportunities.

BMO’s Q3 Numbers Shows More Trucking Credit Deterioration

August 28, 2024

A recent earnings report from BMO, a major lender in the trucking industry, revealed a significant decline in credit conditions during the third quarter. The bank's allowances for potential losses in its transportation group soared to a record high, indicating deteriorating credit quality among its borrowers.

Cooler Logistics | Broker Review

August 28, 2024

This week, we spotlight Cooler Logistics LLC, a specialized logistics provider headquartered in Chicago, IL. Founded on the belief that empowered employees deliver the best service, Cooler Logistics has assembled a team of freight professionals dedicated to helping partners navigate the ever-changing transportation landscape.

Canadian Panel Backs Government Order Resuming Freight Rail Operations

August 26, 2024

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).

North American Cargo Thefts Surge 49% In 2024

August 26, 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, theft incidents rose by 49% year-over-year, totaling 787 cases in the United States between January and June.

Charted: $5 Trillion in Global Commodity Exports by Sector

August 26, 2024

The global commodity trade is dominated by a few key sectors and commodities. Energy, particularly petroleum products, accounts for the largest share of exports, contributing to a total value of $2 trillion annually.

Teamsters Canada Issues 72-Hour Strike Notice Against CN

August 24, 2024

The Canadian railway sector is on high alert as more than 6,000 workers at Canadian National Railway (CN) could walk off the job starting at 10 a.m. ET on August 26. The Teamsters Canada Rail Conference (TCRC) issued a strike notice on August 23, raising fears of significant supply chain disruptions and economic fallout if the strike proceeds.

Record Mexico Truck Border Crossings

August 23, 2024

Record truck border crossings and surging ground import volumes solidify Mexico as the top U.S. importer, overtaking China’s declining share.

No CDL, Fake Registration and Insurance from Facebook Marketplace

August 23, 2024

A Montgomery County Constable's Office deputy recently conducted an inspection of a commercial vehicle and discovered multiple serious violations.

Nashville Brokerage Abruptly Ceases Operations

August 23, 2024

Universal Capacity Solutions (UCS), a Nashville-based freight brokerage, has ceased operations, resulting in the layoff of approximately 130 employees. The closure was announced by the company's parent company, Universal Logistics Holdings Inc. (ULH), without prior warning.

Canada Moves To End Rail Shutdown Quickly

August 23, 2024

Workers at Canadian National Railway are set to return to work today, according to the Teamsters union, following a government intervention to end an unprecedented rail stoppage. Meanwhile, the work stoppage at Canadian Pacific Kansas City will continue until the Canadian Industrial Relations Board (CIRB) issues an order.

BREAKING: CN, CPKC Lock Out Union Rail Employees

August 22, 2024

Canada’s two largest railroads, Canadian National (CN) and Canadian Pacific Kansas City (CPKC), have locked out more than 9,000 union employees, effectively shutting down nearly 80% of the country’s rail network. This unprecedented move, which began at 12:01 a.m. Eastern time on Thursday, has thrown a significant wrench into North American supply chains, halting approximately C$1 billion ($740 million) in daily trade.

2024 Top 100 Private Fleets

August 19, 2024

Walmart has surpassed PepsiCo to become the largest private motor carrier in North America. The retail giant's expansion of its in-house trucking operations, which now includes 12,663 power units, has propelled it to the top of the Transport Topics Top 100 Private Carriers list.

Illinois Court Decision Could Impact Trucking Companies Nationwide

August 19, 2024

A recent federal court decision in Illinois has trucking companies on edge, with legal experts warning of a potential flood of lawsuits. The case, involving IIK Transport and a group of its drivers, centered on whether these drivers were correctly classified as independent contractors.

CBP Finds Fentanyl in a Flatbed Trailer

August 19, 2024

U.S. Customs and Border Protection (CBP) officers intercepted a significant drug smuggling attempt at the Otay Mesa Commercial Facility on August 9th.

EXPOSED: Scammer Targeting Prospective Tesla Semi Buyers

August 19, 2024

A sophisticated scammer is preying on the growing interest in electric vehicles by attempting to sell fake Tesla Semi reservations to unsuspecting trucking companies.

Cass Data Showing Hope For 2025 Upswing

August 19, 2024

The latest monthly freight data from Cass Information Systems revealed a year-over-year decline in both shipments and expenditures, though the gaps have narrowed in July.

Inc 5000 Freight Edition 2024

August 14, 2024

Despite challenges in the logistics and freight sector, including sluggish demand and a shifting rate environment that squeezed margins, the 2024 Inc. 5000 list once again highlighted several 3PLs excelling in areas such as freight brokerage, forwarding, and managed transportation.

DEA’s 3rd Largest Meth Seizure Ever Found In Tractor Trailer

August 14, 2024

Authorities recently made a massive drug bust, seizing over 2,300 pounds of methamphetamine concealed within a tractor-trailer loaded with celery.

US-Mexico Trade Surpasses $415B Through First Half of 2024

August 14, 2024

From January through June, Mexico's trade with the United States reached a record $415.4 billion, the highest total ever recorded for this period, according to the latest data from the Census Bureau. During the same timeframe, Canada’s trade with the U.S. amounted to $382.6 billion, while U.S. trade with China totaled $269.2 billion.

Carrier Review: Super K Express 🏆

August 14, 2024

This week, we spotlight Super K Express, a Newnan, GA-based carrier with a strong focus on dry van and power only freight across the lower 48 states. Boasting a Kansas City, MO terminal, their team of industry veterans brings over 75 years of combined experience to the table. Super K Express specializes in transporting dry goods for clients in the aftermarket auto parts, food, and extrusion metal sectors.

This Company Wants To Put Shipping Containers Into Space

August 12, 2024

Outpost is aiming to revolutionize space logistics by putting shipping container-sized spacecraft into orbit, with a clear focus on solving a critical challenge: the efficient return of large volumes of cargo from space.

US Ports Brace for Record-Breaking Cargo

August 12, 2024

Monthly inbound cargo volumes at major U.S. container ports are expected to near record levels as retailers accelerate shipments in anticipation of a potential strike at East and Gulf Coast ports, the National Retail Federation (NRF) announced Thursday.

$200K In Stolen Electronics Recovered by CHP in Vallejo

August 12, 2024

The California Highway Patrol (CHP) Golden Gate Division recently announced the recovery of a stolen dry van trailer containing over $200,000 worth of LG electronics.

Yellow's Unsecured Creditors Growing Frustrated

August 12, 2024

Yellow Corporation's bankruptcy proceedings continue to progress slowly, according to creditors. Despite a third 90-day extension granted in June, the company's advisors have yet to outline a comprehensive plan for liquidating remaining assets.

US Container Imports Hit 26-Month High In July

August 09, 2024

U.S. container import volumes surged in July 2024, reaching a 26-month high of 2,556,180 TEUs. This represents an 11.2% increase from June and surpasses the previous peak set in May 2022.

July Logistics Manager’s Index Shows Consistent Growth

August 09, 2024

The Logistics Manager’s Index (LMI) for July 2024 registered at 56.5, indicating continued expansion for the eighth consecutive month. While this represents a significant improvement from the index's lowest point in July 2023, it remains below the historical average.

MyCarrier and project44 Are Fighting In Court

August 09, 2024

MyCarrier and project44, former partners in the freight technology industry, are now embroiled in a legal dispute centered around their 2023 service agreement.

JB Hunt, Kodiak Expands Weekly Deliveries Partnership

August 09, 2024

J.B. Hunt Transport Services, Kodiak Robotics, and Bridgestone Americas have expanded their collaborative efforts to include additional weekly deliveries on their South Carolina to Texas route.

Transport and Warehousing: The Unexpected Union Stronghold

August 08, 2024

In 1983, 20% of American adults were union members. By 2023, this number had dropped to a record low of 10%. Among private sector industries, transport and warehousing ranks second in union membership, following the top three government sectors.

Border Agents Snag Record Breaking $48M In Meth From Mexico

August 08, 2024

Officials recently seized a record quantity of methamphetamine from a produce shipment at a Texas border crossing. The drug seizure occurred on August 1 at the Pharr International Bridge cargo facility in Pharr, Texas.

Over 300 Pallets of Allegedly Stolen Goods Seized In Jurupa Valley

August 08, 2024

Sheriff’s deputies discovered over 300 pallets of stolen merchandise in a warehouse in Jurupa Valley after executing a search warrant.

Potential Coast-Wide Port Strike On The Brink

August 08, 2024

The International Longshoremen's Association (ILA) is preparing for potential strike action on October 1st if a new contract agreement with employers is not reached by the September 30th deadline.

Carrier Review: Lion Force Transport 🏆

August 08, 2024

Carrier Review of the week presented by CarrierSource! CarrierSource helps you find the best carriers to move your freight. Bringing trust to the logistics industry with authentic reviews alongside FMCSA safety, compliance, and insurance information. Carrier Review: Lion Force Transport.

What Shippers Look For In 3PL Partnerships

August 06, 2024

These insights are drawn from the 2024 Inbound Logistics 3PL Perspectives report. In our 19th annual report, we've gathered and analyzed data from both 3PLs and shippers to examine the current services offered by 3PLs, identify what shippers seek in their 3PL partners, and explore the common challenges they face.

Cargo Theft Sting Leads To 72 Stolen Vehicles Recovered

August 06, 2024

A large multi-agency investigation resulted in the recovery of dozens of stolen cars and numerous arrests in New Orleans, as reported by the Louisiana State Police.

Electric Truck Charging Roadway To Undergo Testing In Indiana

August 06, 2024

A roadway designed to charge electric semi-trucks as they drive is set to undergo testing in Indiana.

U.S Delays Tariff Hike On Chinese Imports

August 06, 2024

The U.S. Trade Representative (USTR) announced a two-week delay in the implementation of significant tariff increases on various Chinese imports, including a 25% duty hike on ship-to-shore cranes.