Florida trucking company owner convicted in $112M Ponzi scheme
The owner of a Florida trucking and logistics company has been convicted for his role in a three-year truck investment Ponzi scheme that bilked investors out of $112 million.
The owner of a Florida trucking and logistics company has been convicted for his role in a three-year truck investment Ponzi scheme that bilked investors out of $112 million.
Josh Allen, chief commercial officer at ITS Logistics, spoke Thursday about investments the logistics industry should make in 2025 to develop their companies and workforce.
Adam McElhinney, the CEO of Uptake Technologies, spoke about what opportunities the logistics community has to utilize AI.
After a pullback in lending from private equity- and VC-backed firms investing in supply chain tech after the COVID pandemic, Benjamin Gordon, founder and managing partner of Cambridge Capital, says there’s been a resurgence in strategic M&A.
Frank Kenney of Cleo gives insight into the undeniable market trend toward more data visibility and transparency as a selling point for any clients in the freight industry. Every company has unique needs and models, and those needs are best served by being as open as possible.
Ryan Joyce, a former CIA operations officer, drew on his experience tracking terrorist networks to execute the company strategy to fight freight fraud.
Nikola Corp. leader Ryan Clayton said the rising demand for hydrogen could require as many as 50 fueling stations in the next three years to meet the need.
Smitha Raphael, chief product and delivery officer at SnapFulfil, highlights why flexibility and seamless integrations in warehouse management tech are now top priorities for 3PLs and B2C companies.
Freight Masters Inc. owner Herman Shaw was sentenced to 30 months in prison for his role in a scheme to defraud the Paycheck Protection Program.
A California logistics company has filed for bankruptcy protection, citing the loss of its largest “anchor” customers as one of the main reasons it is seeking to reorganize.
In this edition: A new ultra-low-temperature freezer drops, Maersk makes a big refrigerant swap, and Uncrustables set quite the future.
Samsara Inc. filed a new lawsuit accusing rival Motive Technologies CEO Shoaib Makani and its executives of engaging in a “multi-year campaign to procure Samsara Trade Secrets” to compete with Samsara in the fleet management market.
After Uber recently announced bookings growth, the company has launched a broker offering that could help support future shipment growth and brokerage penetration.
In this edition: The end of the freight recession has come, and the U.S./Mexico border gets busier.
Uber Freight’s payout to Greenbriar signifies a shift, highlighting both Uber Freight’s evolving valuation and the foresight of Greenbriar’s strategic financial protections.
It could be the end of the freight recession. What does that mean for 2025?
With the next Trump administration expected to drive regulatory changes, experts anticipate a surge in M&A activity across retail, e-commerce and FreightTech, as companies like Amazon and DoorDash look to expand in a pro-business environment.
In this edition: A new solution to supply chain waste in pharma, Lineage’s first earnings post-IPO and the NFL’s favorite treat.
A family-owned cross-border trucking company — McKevitt Trucking, headquartered in Thunder Bay, Ontario – has ceased operations after more than three-quarters of a century.
Bipartisan bills including the Safeguarding Our Supply Chains Act and the Combating Organized Retail Crime Act of 2023 propose significant federal support to address the increase in freight fraud and organized retail crime.