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.
In a stunning turnaround, Surge Transportation has risen from the ashes of bankruptcy. Here's their journey:
The Comeback Kid:
Filed for Chapter 11 on July 24, 2023
Successfully reorganized by July 24, 2024
First brokerage to achieve this feat
From Struggle to Success
At the time of its bankruptcy filing, Surge Transportation owed approximately $155,000 in wages to its 43 full-time and part-time employees, according to court records. At its peak, the freight brokerage employed over 100 individuals.
Court Approval The US Bankruptcy Court in Jacksonville confirmed Surge's plan, marking a historic moment in freight brokerage.
Omar Singh, President & Founder of Surge Transportation, expressed deep gratitude: “I want to express gratitude to the carriers, customers, employees, factors, friends, and strangers who stood by us.”
What about the Past?
At the time of their bankruptcy, some freight agents were still owed money. While it is not confirmed if all debts were paid off, one cannot simply forget about the past.
One of our Instagram followers messaged us, stating that they are owed $4,500 by Surge for two loads. (2023)
Not to mention, in an industry where time is money and money is time, will there be anyone willing to give Surge a second chance at life in this current freight market? Omar Singh is hoping so:
"Here's to new beginnings," Singh says, promising more insights in the coming weeks and months.
Surge's resurrection is a testament to the resilience of a freight brokerage company. Fighting and not wanting to give up despite going through a rough patch. With the right strategy and support, even the most challenging situations can be overcome. The industry will be watching closely to see how Surge capitalizes on its second chance. Hoping there will be some out there willing to give them that second chance.
Hello! I'm Jerome FreightCaviar! I’m into the politics of freight and the impact it will have worldwide. I'm always eager to learn more. Follow me on X @JeromeFreightC
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.
Freight AI pilots succeed. Production deployments often don't. Augment CEO Harish Abbott on the change management gap — and what ops leaders need to do before the tech even matters.
Keep up with the freight broker world in 5 minutes.
Join over 14K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).