Elevate your freight day and don't truck it up!

Latest

Freight Brokerage Espionage

In recent months, the freight industry has been rocked by a wave of unprecedented scams. Just last week, we discussed a freight ransom ring in Illinois. Now, we have another alarming story to share: corporate espionage.
Read more.

Trucking Company Secretly Moving Meth Hidden Within Shipments of Vegetables, Unsealed Indictment Shows

A recently unsealed indictment has revealed allegations that a trucking company was secretly operating a statewide network, leading to the seizure of nearly 13,000 pounds of methamphetamine and dozens of guns. Federal prosecutors described the organization as “sophisticated” and operational “for well over a year,” giving “the appearance of being a legitimate transportation business.”
Read more.

CFPB Looking Into Predatory Lease-Purchase Agreements

The Consumer Financial Protection Bureau (CFPB) presented findings on predatory lease-purchase agreements in the trucking industry to the Truck Leasing Task Force on July 18th. The presentation highlighted concerning practices that benefit carriers over drivers.
Read more.

Triumph Financial: Average Factored Invoices Fall Again In Q2

A weak freight market led to disappointing earnings for Triumph Financial, a trucking-focused bank, but CEO Aaron Graft emphasized long-term strategy over short-term performance in his quarterly letter to shareholders.
Read more.

How Owner-Ops Feel About Broker Transparency

Broker transparency and the enforcement of 49 CFR 371.3, which covers broker record-keeping and carriers' right to review these records, are hotly debated in the trucking industry.
Read more.

Port of L.A. Container Volumes Up 14%

U.S. West Coast ports are ending the first half of the year with strong trade volumes, driven by an early peak season, solid consumer spending, and threats of a labor strike at East and Gulf Coast ports.
Read more.

Another Victory for TQL and 3PLs in Broker Liability Case

July 17, 2024
Another brokerage company has successfully defended itself in court, with a recent ruling holding that a 3PL (third-party logistics provider) is not liable for an accident involving a carrier it hired.
Read more.

Trump's VP Pick Supports Trucking Priorities

July 17, 2024
Former President Donald Trump has chosen Ohio Republican Senator J.D. Vance as his running mate. Vance supports key legislative priorities for truck drivers, co-sponsoring the Truck Parking Improvement Act, which allocates $755 million for truck parking, and the DRIVE Act, which opposes mandatory speed-limiting devices on trucks.
Read more.

Deadly Derecho Slams Midwest On Monday

July 17, 2024
A powerful derecho that swept through the Midwest caused significant damage in the Chicago area. Hurricane-force winds toppled power lines, overturned semi-trucks, and damaged property. Interstate 55 remains closed in some areas due to the extensive damage.
Read more.

Cass Shows Decline In June Freight Data

July 17, 2024
Freight volumes and expenditures continued to decline in June, according to data from Cass Information Systems. The Cass Freight Index showed a 6% year-over-year decrease in shipments, marking the largest decline in five months.
Read more.

Carrier Review: Lubana Trucking 🏆

July 17, 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: Lubana Trucking.
Read more.

June-July USDA Produce Trends

July 15, 2024
Taking a fresh look at USDA data, we're identifying the top 10 commodities in June through July traveling by reefers across the US. We crunched the numbers (volume in millions of pounds) and revealing where these in-demand produce items originate.
Read more.

Windrose Trucks Coming to US in 2025

July 15, 2024
A new electric Class 8 truck from Chinese manufacturer Windrose was unveiled at the ACT Expo in May 2024. The truck has a range of up to 415 miles (670 km) and is designed for long-haul trucking.
Read more.

Texas Truck Driver Sentenced For Cocaine Conspiracy

July 15, 2024
A Texas truck driver, Javier Robledo Perez (39), was sentenced in a Massachusetts federal court on July 8th. The charges stemmed from his involvement in a multi-state cocaine trafficking operation.
Read more.

Illinois Freight Ransom Ring

Nearly two dozen freight brokers claim that Agility Express Inc., an Illinois trucking company, and its network of affiliated carriers targeted their businesses just before the Fourth of July holiday, holding 36 confirmed loads hostage for ransom.
Read more.

United States Billion Dollar Weather Events

The frequency of billion-dollar weather events in the United States appears to be increasing. By early June 2024, the U.S. has faced 15 separate billion-dollar weather and climate disasters, including thirteen severe storm events and two winter storms, with costs exceeding $37.9 billion.
Read more.

Cargo Theft Numbers Finally... Drop in Q2?

Cargo theft continues to rise, with Verisk’s CargoNet recording 771 incidents in Q2 this year. This marks a 33% increase compared to the same period last year, though it's a 10% decrease from the record highs in Q1.
Read more.

Semi Truck That Bypassed Scales Was 103,000 Pounds Overweight

Connecticut State Police (CSP) conducted a traffic stop on a commercial vehicle on July 10th in Danbury after troopers observed it bypassing a weigh station and traveling on secondary roads.
Read more.

The Bachelorette's Freight Star: Meet Devin Strader 🌹

Freight is going mainstream on the Bachelorette with contestant Devin Strader. Devin appears to be the definition of a freight entrepreneur.
Read more.

Transportation A Top 10 Target of Cyberattackers

A data breach study by SOAX using data from the Identity Theft Resource Center found a concerning rise in data breaches across US industries in 2023. The total number of breaches reached 3,205, a 78% increase from 2022.
Read more.

CHP Recovers $50,000 In Goods From Cargo Theft

The California Highway Patrol (CHP) announced the recovery of stolen goods valued at over $46,000.
Read more.

Broker Transparency Maintains October Target Date

A proposal aimed at improving broker transparency is expected to be released this fall. According to the U.S. Department of Transportation’s Spring 2024 Unified Regulatory Agenda, the Federal Motor Carrier Safety Administration (FMCSA) is targeting October to unveil its notice of proposed rulemaking regarding transparency.
Read more.

U.S Container Volumes Continue To Rise

U.S. container imports maintained their upward trend in June 2024, with a 10.4% increase in volume compared to June 2023. Imports from China continued their strong performance, growing 13.8% year-over-year but remaining flat compared to May 2024.
Read more.

2024 Top US Manufacturing Hubs

The Business Facilities 20th Annual Rankings Report identifies leading locations for industries, focusing on factors crucial for business relocation and expansion. The July/August 2024 issue highlights the top hubs in manufacturing and logistics.
Read more.

Japan’s Proposed Conveyor-Belt Freight Highway

The Japanese government is planning to connect major cities with automated zero-emissions logistics links to efficiently move millions of tons of cargo while reducing road traffic.
Read more.

FMCSA's Confusing Excuse For Not Enforcing Own Rules

July 05, 2024
As freight fraud reaches epidemic levels, resulting in significant financial losses and stolen cargo, the Federal Motor Carrier Safety Administration (FMCSA) has yet to communicate clearly on its enforcement duties. The agency's statements regarding its ability to assess civil penalties for "commercial" violations have caused confusion among carriers, brokers, and other freight market participants.
Read more.

Largest US Ports Report Volume Declines For May

July 05, 2024
U.S. ports had mixed results in May. The Port of Los Angeles saw a 3% decrease in TEUs, while the Port of Long Beach experienced an 8.2% drop. Conversely, the Port of Oakland, Northwest Seaport Alliance, Port Houston, and Georgia Ports Authority reported significant growth in container volumes.
Read more.

CBP Officers Seize $5.1 Million In Meth At Pharr Bridge

July 05, 2024
U.S. Customs and Border Protection (CBP) officers at Pharr International Bridge seized over $5.1 million worth of methamphetamine on June 30th.
Read more.

Florida Logistics Company Awarded $2.3 Billion Freight Contract

Jacksonville-based logistics firm Crowley has been awarded a $2.3 billion contract by the U.S. Transportation Command (USTRANSCOM) for Defense Freight Transportation Services (DFTS II).
Read more.

Carrier Review of the Week: GFS Group LLC 🏆

Carrier Review of the week, presented by CarrierSource. GFS Group LLC 🏆 for July 3, 2024
Read more.

June LMI Shows Scattered Results

The Logistics Managers’ Index (LMI) logged a 55.3 reading for June, indicating slight sequential decline but remaining in expansion territory for the seventh consecutive month and for 10 of the past 11 months.
Read more.

FMCSA Active Freight Brokerages In July 2024

The number of active freight brokerages in the United States has continued to declined in 2024.
Read more.

C.H Robinson Slashes US Sales Team

Truck brokerage C.H. Robinson reduced its U.S. sales team by approximately 80 employees on Thursday. This information comes from anonymous sources familiar with the company's actions.
Read more.

Who Does The ATA Really Represent?

In May, the American Trucking Associations’ board of directors unanimously voted to extend the contract of current ATA President and CEO Chris Spear through 2029. The ATA cited Spear’s effectiveness in advancing the legislative agenda of its membership as the reason behind his tenure extension.
Read more.

Stealing $9.5 Million Worth of Freight Shipments

A Chicago man is facing multiple federal charges related to the theft of $9.5 million worth of items, including liquor and commercial-grade copper, from interstate shipments.
Read more.

Truck Transportation Jobs Down In May

Truck transportation jobs saw a significant decline in May, as reported by the Bureau of Labor Statistics (BLS), returning to the levels observed in November. Seasonally adjusted jobs decreased by 5,400 from April, bringing the total to 1,550,100, the same as in November.
Read more.

How Satisfied Are Your Shippers? 3PL Study Reveals

The latest 3PL study from NTT Data, Penn State, and Penske, titled "The Power of Partnerships: Exploring Collaboration Through Data and Innovation," dives into the role of partnerships within the shipper and 3PL industry.
Read more.

GreenPower Launches Electric Reefer Box Truck

GreenPower announced the launch of their new electric refrigerated delivery truck, the EV Star REEFERX.
Read more.

U.S. Container Imports Continue To Gain Momentum

May 2024 saw significant growth in U.S. container imports, with a 6.2% increase from April and an 11.9% rise year-on-year, according to Descartes Systems Group’s June Global Shipping Report.
Read more.

May Logistics Manager's Index Showing Strong Indicators

The Logistics Manager’s Index (LMI) read 55.6 in May 2024, up 2.7 points from April's 52.9. This marks expansion in 9 of the last 10 months, including the last six consecutively
Read more.

The Truck Parking Debate: Paid vs Free

Discussions on FreightX, formerly known as Twitter, have highlighted the critical issue of truck parking, particularly the debate between paid versus free parking.
Read more.

ATRI Releases New Research Priorities for 2024

June 03, 2024
The American Transportation Research Institute (ATRI) is tackling critical issues facing the trucking industry with its newly announced research priorities for 2024.
Read more.

NY Trucking Group Sues To Stop Congestion Fee

June 03, 2024
The Trucking Association of New York (TANY) is taking legal action against the Metropolitan Transportation Authority (MTA) in an attempt to stop a new congestion fee for vehicles entering Manhattan below 60th Street.
Read more.

Canada Opens Trade Office In Phoenix

June 03, 2024
The Canadian government has opened a trade office in Phoenix to boost trade and foreign direct investment (FDI) between Arizona and Canada, according to a news release.
Read more.

Freight Brokerages Continue Negative Growth In 2024

June 03, 2024
The freight brokerage industry is experiencing a significant slowdown in 2024.
Read more.

Einride Orders 150 Peterbilt Electric Semis

June 03, 2024
American truck manufacturer Peterbilt has announced its largest electric semi-truck sale to date, with Swedish transport company Einride AB ordering 150 of its 579EV BEV trucks.
Read more.

The $10,000 Shipping Container Looms

Companies transporting goods from Asia could face costs of up to $10,000 for an urgent full-size shipping container over the next month, which is about double the current spot rates, according to prices circulating among carriers and importers.
Read more.

Insurance Fraud Charge For Lying Where Trucks Were Garaged

A New Jersey man faces charges of insurance fraud for allegedly providing false information about the location where his trucks were stored to secure a lower premium.
Read more.

Trucks Hauled Majority of $1.57 Trillion In Trade Across Borders In 2023

The Bureau of Transportation Statistics (BTS) released data on May 21st revealing that the movement of goods across the borders of the United States, Canada, and Mexico reached a value of $1.57 trillion in 2023.
Read more.

CBP Officers Intercept $18 Million Worth Of Meth Stashed In Squash Shipment

On May 20th, U.S. Customs and Border Protection (CBP) officers at the Otay Mesa Commercial Facility near San Diego, California, seized a significant amount of methamphetamine during an inspection of a commercial shipment.
Read more.

Port of Eagle Fastest-Growing Border Crossing In The U.S

The Port of Eagle Pass, Texas, is surging as the nation's fastest-growing trade hub in 2024. Analysis of Census Bureau data by WorldCity reveals Eagle Pass' trade outpacing all other US airports, seaports, and border crossings.
Read more.

Carrier Review: Amos Transportation 🏆

Carrier Review of the week, presented by CarrierSource. Amos Transportation 🏆 for May 29, 2024.
Read more.

Widening Technology Gap A Threat To US-Mexico Trade

The recent surge in U.S.-Mexico trade, fueled by nearshoring, presents a potential hurdle: a widening technology gap between carriers and logistics providers on either side of the border.
Read more.

Five Charged In Multi-State Fuel Pump Skimmer And Diesel Theft Conspiracy

Five individuals were charged this week by federal authorities in connection with an alleged multi-state conspiracy involving fuel pump skimmers and diesel theft.
Read more.

CBP Officers Seize Cocaine Concealed In Fuel Tanks

U.S. Customs and Border Protection (CBP) officers at the Otay Mesa Commercial Facility near San Diego, California, seized a significant amount of cocaine during a secondary inspection on May 20th.
Read more.

FMCSA Cracks Down On Fraudulent Brokers

The Federal Motor Carrier Safety Administration (FMCSA) announced a nationwide enforcement initiative called "Operation Protect Your Move" on May 20, 2024.
Read more.

Port of Los Angeles Reports Another Busy Month for Cargo Volumes

In April 2024, the Port of Los Angeles announced its ninth consecutive month of year-on-year growth, handling a total of 770,337 container units. This represents a noteworthy 12% increase compared to the figures from the previous year.
Read more.

Tesla Plans To Ramp Up Tesla Semi Deliveries To PepsiCo

Tesla is gearing up to increase deliveries of its Tesla Semi trucks to PepsiCo, its primary customer, in anticipation of ramping up volume production of the electric semi-truck.
Read more.