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.
Shipwell, a Transportation Management System (TMS) platform founded by Greg Price and Jason Traff in 2016, just announced the sale of its brokerage division to CloudTrucks.
Why this Matters
Shipwell has been juggling two major roles with its operation as a TMS and running a freight brokerage, which might sound like playing on two different teams in the same game – complicated, right? This sale means Shipwell can now go full throttle on enhancing its SaaS platform, focusing on innovation and tech advancements without the conflict of interest. It's a smart move, clearing the deck so they can zero in on what they do best.
Now, we have CloudTrucks coming in to grab the brokerage baton from Shipwell.
About CloudTrucks:
CloudTrucks CEO and Co-Founder, Tobenna Arodiogbu. Image Source: CloudTrucks
What: An owner-operator business management platform: Real-time load boards, instant payments, fleet load booking and management, streamlined workflows, and more. They also act as a virtual carrier service.
Funding: Founded in 2019, the company has raised over $100 million in investments ($20.5M Series A and $115M Series B) and was valued at $850 million in 2021.
Scale: The company has facilitated over $100 million in payments to U.S. truck drivers.
For CloudTrucks, this is an opportunity to beef up its brokerage arm, setting the stage for further growth and expansion.
I’m Adriana, a writer and editor at FreightCaviar. I’ve covered everything from freight tech to industry lawsuits and market shifts, helping scale us to almost 14K subscribers. My goal: to make logistics stories digestible, clear, and fun to read.
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.
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.
Freight fraud is a multi-billion-dollar problem, and the old verification model is broken. Here’s the new standard every broker needs to build toward in 2026.
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