3PL and Brokerage

As freight fraud, cargo theft and cyber-enabled crime continue to evolve, the National Motor Freight Traffic Association has launched a new Threat Report Portal designed to help transportation companies anonymously share incidents and identify emerging risks. NMFTA says the platform will provide a centralized location for reporting fraud, cyber threats and suspicious activity while helping the industry build a clearer picture of evolving criminal tactics.

Odyssey Logistics’ debt rating was cut by S&P with some grim forecasts for next year.

Open Road Ventures announced it has acquired intermodal freight broker Double-Stack Logistics.

Global Crossing Airlines filed a breach-of-contract suit against freight broker and investor Ascent Global Logistics, alleging the former partner harmed its cargo business by awarding charter flights to its competing in-house cargo airline.

WWEX and Auctane form ShipStation Global to give small and midsize shippers enterprise-grade technology and transportation services through a single platform.

From cartel-linked theft investigations to testimony before Congress, Lemm’s message was clear: cargo theft is no longer just a transportation problem.

Hub Group announced that its chief financial officer and chief operating officer have departed as it works to restate financial results following an accounting error.

Carriers, logistics providers and ports are investing millions into new freight infrastructure projects as they prepare for long-term supply chain growth.

Cargo theft and freight fraud are forcing brokerages to rethink how freight moves through trusted systems. As organized theft groups evolve, repeatable verification processes and operational discipline are becoming more important than speed alone.

Commercial auto has lost $4.9 billion in a single year. Fourteen consecutive years of underwriting losses. Crash rates are actually falling. So why is the industry bleeding? It stopped doing the one thing insurance was designed to do.

Echo Global will once again face a South Carolina court following a judge’s order tied to Montgomery.

Fallout from the Montgomery case was a subject in this month’s State of Freight webinar.

Industry participants say asset-based carriers are likely the winners following the Supreme Court’s landmark ruling on freight broker liability.

Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.

Banks learned years ago that fraud prevention requires more than instinct or technology alone. They built compliance roles, documented procedures, and repeatable verification processes designed to reduce risk and stand up in court. FreightWaves believes the transportation industry is now entering that same shift.

The Montgomery decision has brought a rapid spotlight on what brokers are going to pay for insurance.

A mix of trucking enforcement activity, insurance concerns and seasonal freight demand could keep pressure on freight capacity through 2026, EASE Logistics says.

Safe isn’t always exposure-free or risk-free. Compliant isn’t always safe. What “safety” means doesn’t matter. A carrier can be all three of those things on paper and still bury everyone who touched the load in exposure. This is a working primer on how risk professionals actually vet, qualify and screen a carrier.

Companies tied to transportation, warehousing, manufacturing and food logistics announced more than 5,000 layoffs stretching from California to Pennsylvania.

What will be considered a reasonable amount of diligence when onboarding carriers?