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.
Over 3,200 venture-backed U.S. startups failed this year, raising questions about investment strategies and comparisons to past bubbles.
Data compiled by PitchBook for The New York Times reveals that approximately 3,200 private venture-backed U.S. companies have gone out of business this year, with a combined $27.2 billion in venture funding raised. PitchBook notes the data may not fully capture the extent of failures as it possibly undercounts the total and excludes high-profile public failures or acquisitions. Social media reactions range from disappointment to skepticism, with some users highlighting a lack of focus on cash flow and profitability among startups, and others comparing the current situation to the dot-com bust of the early 2000s, suggesting such a high number of failures is typical following an investment bubble.
Source: Craig Fuller
3200 venture-backed startups have gone out of business this year - NYTimes. pic.twitter.com/x3ABYWRKz2
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) December 7, 2023
Source: Craig Fuller
Logistics software provider Alvys raises $20.5 million in Series A funding, aims to expand LTL and cross-border offerings, and enhance AI-driven solutions.
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