66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
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.
Freight brokers are measuring their inboxes wrong. Most inbound email is monitoring, not work. And the longtail categories that look like noise are costing real margin. Here's how to audit what's actually in your inbox, and why it matters in 2026's margin-first market.
Sanjay Singh, owner of Royal Bengal Logistics, faces charges for running a $100 million Ponzi scheme. Singh allegedly deceived investors about the profitability of his company.
Sanjay Singh, the owner of Royal Bengal Logistics, a trucking company based in Florida, is charged with running a $100 million Ponzi scheme. According to federal prosecutors, Singh misled investors about the financial health of his company, promising them high returns on their investments. In reality, his company was losing money. The funds collected from new investors were used to pay the earlier ones, the classic sign of a Ponzi scheme. Singh has been indicted and arrested, facing multiple charges such as conspiracy to commit wire fraud and engaging in transactions in unlawful proceeds. He could face up to 150 years in prison if convicted.
Source: Justice.gov & FreightWaves
Bad month for trucking companies named after big cats
— Dooner 🏴☠️ (@TimothyDooner) June 25, 2023
First Tiger Cool Express went under and now Royal Bengal Logistics got nailed in a Ponzi scheme https://t.co/mimoV9uvcX
Bad carriers are gaming the weigh station system. Plus, C.H. Robinson's own engineer goes scorched earth on Reddit, the Ghost Truck Act gets roasted, and more in today's newsletter.
Plus, STG's path out of bankruptcy, Wyoming's "Truck Around and Find Out" operation, what "phantom capacity" means for Mexico lanes, and more in today's newsletter.
Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
Plus, USPS gives non-domiciled CDL carriers an 11-day deadline, the spot-to-contract spread starts squeezing 3PLs, Knight-Swift trims its Q1 guide but stays bullish, and more.
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