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.
Yellow Corp. shuts down after years of financial struggles. This move could lead to higher rates and benefits for rival carriers.
After years of financial troubles, Yellow Corp., laden with a $730 million government loan, has finally ceased operations. Here are some critical figures surrounding its closure:
Its exit is predicted to increase rates for former Yellow Corp. clients but benefit rival large LTL carriers.
Simultaneously, the Yellow Corp.'s bankruptcy highlights the risks associated with high-cost labor and Teamsters battles, suggesting that the alternative might lie in technology-driven solutions. Many logistics companies are turning to automation and process optimization to reduce labor dependency and improve margins.
Source: Logistics Management
If the Yellow bankruptcy highlights the risks of high-cost labor and Teamsters battles, what is the alternative?
— Benjamin Gordon 🇺🇦🚚✈️ (@benjaminhgordon) July 31, 2023
Increasingly, we are seeing smart logistics companies deploying technology to automate processes, reduce labor dependency, and create higher-margin supply chain…
C.H. Robinson and Uber Freight are expanding cross-border LTL services as U.S.–Mexico trade surges.
FedEx Freight is delaying enforcement of new density-based LTL classification rules until Dec. 1. Shippers must still prepare for stricter data requirements.
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
The European unit could potentially fetch around $2 billion, based on industry estimates.
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