The Caviar Desk

The Caviar Desk
61 articles
🎣 Another Round of Volatility

🎣 Another Round of Volatility

Plus, a carrier pleading guilty to mob money laundering while still FMCSA-active, Iran's first post-ceasefire attack and what it means for diesel surcharges, FedEx Freight's first earnings as a standalone company, and more in today's newsletter.

🎣 Size Matters

🎣 Size Matters

The brokers winning the most freight are making the least on it. Plus: diesel drops but the floor isn't set, Laredo loses another one, the liability ruling is a gift to the giants, and more.

🎣 New York Strip

🎣 New York Strip

A trade group is suing to strip California and New York of the power to issue commercial driver's licenses entirely. Plus: $3/mi is now breakeven, DOT wants to rate every carrier, routing guides are falling apart, and more.

🎣 Cautiously Optimistic

🎣 Cautiously Optimistic

S&P is cautiously optimistic about the freight recovery, but it still kept RXO's rating below investment grade. Plus: the Strait is set to reopen, Volvo pulls the safety driver, the U.S. goes after cheap trailers, and more.

🎣 The Freight Never Existed

🎣 The Freight Never Existed

A FreightCaviar follower spent weeks quick-paying carriers on a steel project before learning the shipper was fake, the carriers were in on it, and not a single load was ever real. Plus: Congress takes aim at chameleon carriers, diesel keeps falling, and more.

🎣 FMCSA's Fix Is Broken

🎣 FMCSA's Fix Is Broken

FMCSA launched a new carrier registry three weeks ago to stop freight fraud β€” zero new carriers have been registered since. Plus: PepsiCo is running 41 driverless trucks, peak season and a shrinking driver pool, cameras know where your carriers have been, and more.

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