The biggest freight brokerage layoffs and bankruptcies in 2023
Freight brokerages typically can stay afloat during trucking recessions. But the ongoing, severe downturn has slammed third-party logistics companies.
Freight brokerages typically can stay afloat during trucking recessions. But the ongoing, severe downturn has slammed third-party logistics companies.
In this edition: Fraud takes no breaks for the holidays, it takes a lot of semi-trucks to move Thanksgiving, and lots of businesses can profit from the parcel rate wars.
In this edition: Cargo theft is on the rise; the Panama Canal is out, Suez is in; and Congress is a fan of the truck driver.
FreightWaves CEO Craig Fuller sees bad signs from banks — and trouble ahead for brokers — as he looks to the first quarter of next year.
In this edition: The rise of bankruptcy in brokerages, the first day of F3 and pilots find new homes.
In this edition: The numbers behind spooky season, the UAW comes out on top and XPO comes out on top.
In this edition: breaking down what the future for freight brokers looks like, which markets are claiming top spot and how LTL carriers performed.
Seattle-based digital freight broker Convoy on Wednesday canceled all shipments from its marketplace and company representatives promised more details of a business transition were forthcoming. By Thursday, company employees were told in a meeting that Convoy was “closing down its core business operations.”
In this edition: Laredo comes out on top; out of service is on the rise; and GRI season is here.
In this edition: The art of cold outreach; the ongoing autoworkers strike; and when will the next cyberattack come?
In this edition: It’s not your mama’s bid season this year; Shippers are on the hook for carbon emissions; and UPS tries to get customers back on their side.
In this edition: Shippers needs are not met by 3PLs, UAW strike expands, and subscription boxes take hold.
In this edition: The United Auto Workers has its strike moment; Mexico maintains its top spot; and the FreightTech 100 list is back.
In this edition: Celebrate National Truck Driver Appreciation Week; Minneapolis is taking a dive; and C.H. Robinson goes to the border.
In this edition: Cargo theft was on the rise over the holiday weekend; the Panama Canal wins a spot on bingo cards; and Coyote parts ways.
In this edition: The cost of a conversation, Florida prepares for a Hurricane and Mexico avoids a strike.
Inside this edition: being a better prospector, transportation costs at a minimum, and FedEx has new toys.
A FreightWaves survey of freight brokers found significant differences in entry-level base pay and commission rates by region.
Freight brokers connect cargo with its transportation — a career path with high pay and low education requirements.
A set of guidelines for the ethical freight broker.