Shocking Louisville Freight Fraud Indictment Unveiled: 2 Residents Charged
The Louisville freight fraud indictment has charged two residents with wire fraud conspiracy, disaster fraud, and identity theft, exposing a complex scheme.
Tagged: FreightIndustry
Trucking Dominates Freight Market
Trucking dominates freight market in 28th edition of the Transportation Statistics Annual Report. Trucks transported 12 billion tons in 2019, or 67% of total domestic freight volume, about 10 times more than that of rail…
Freight Recession Nearing End
Freight recession nearing end, JB Hunt says expressing customer sentiment. Inventory correction at the heart of the current freight downturn. The leaders of J.B. Hunt Transportation said Jan. 18 they are hearing from customers that…
Cox Transportation Acquires Outwest
Cox Transportation Services has acquired Outwest Express, which provides truckload freight services across the Southwestern U.S., specializing in Mexican cross-border logistics. Established in 2010 by Michael Puzio and Zachary Chilson, Outwest operates a fleet of…
Fuel Costs Have Some Truckers Teetering
Record surging fuel costs have some truckers teetering, especially among small and independent operators. U.S. average for trucking’s main fuel rises another 11.5 cents to $5.339 per gallon—as a freight market authority with a…
Freight Shipments Climbing
Freight shipments climbing with a sequential uptick in trucking shipments during the 2Q. Freight payments data released in late July showed a sequential uptick in trucking shipments during the second quarter, reversing the declining trend…
‘Broker’ Definition Under Review
What, exactly, is a freight broker? Broker definition under review, FMCSA defines it as “a person or an entity that arranges for the transportation of property by a motor carrier for compensation. A broker does…
Truck Tonnage Index Increased in June
ATA Truck Tonnage Index Increased in June 2022. American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.7% in June after rising 0.3% in May. In June, the index equaled 120.1 (2015=100) versus 116.9 in May.
Fleets Refurbish Older Trailers
With the continuing supply chain snarl causing manufacturers to accept only limited orders for new trailers, fleets are cleaning up older parked equipment used for storage to meet their immediate needs. For six months…
XPO Increasing Capacity
XPO Logistics, a provider of freight transportation services, has opened two less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. In addition, the company increased production capacity at its trailer manufacturing…
