The ups and downs of logistics in 2023
While bankruptcies and layoffs have abounded in the logistics industry in 2023, there has been much more to the year than meets the eye.
While bankruptcies and layoffs have abounded in the logistics industry in 2023, there has been much more to the year than meets the eye.
Meadow Lark Agency and its affiliate, Meadow Lark Transport, filed for bankruptcy liquidation Monday, owing around 120 former employees almost $800,000 and nearly 1,300 trucking companies about $2.7 million.
In this edition: The rise of bankruptcy in brokerages, the first day of F3 and pilots find new homes.
Shippers have rebounded in Q4 2023 to once again be the most positive segment. Carriers and brokers have lost some of the steam that led to relative optimism in Q3.
In this edition: The numbers behind spooky season, the UAW comes out on top and XPO comes out on top.
After 12 years at the helm of the freight brokerages he founded and bootstrapped in 2011 — SEL Supply Chain Solutions (SELSCS) of Fort Worth, Texas — CEO Dennis Martin says he is winding down operations.
In this edition: breaking down what the future for freight brokers looks like, which markets are claiming top spot and how LTL carriers performed.
While logistics visibility platform provider Slync had hoped that new management and a $24 million cash infusion in February would be enough to save the FreightTech company after its former CEO was indicted on fraud charges, the company is proceeding with an alternative option to a traditional bankruptcy and plans to wind down operations and sell off its technology.
With over two decades of experience in logistics, Regan Daniels’ evolution is a story of adaptability and a pursuit of efficiency.
Owner-operators say Titan Transportation Services Inc., doing business as Sunset Logistics, still hasn’t refunded their $1,000 in escrow or maintenance account funds that were withheld from their paychecks after the Grand Rapids, Michigan-based company abruptly ceased operations on Sept. 29.
“AI-powered insights help customers take informed action, like seeking alternative suppliers, tracing their raw materials, identifying potential geographic concentrations and targeting risky supplier networks,” says Altana Technologies’ Amy Morgan.
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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.
Your latest info on all things cold chain
FreightWaves and Bestpass recently surveyed carriers about their outlooks for the year ahead, including their concerns and views of which way demand will shift.
Shippers get clearer, Philadelphia airport gets more space, and Cup Noodles gets in the Oktoberfest spirit.
In this edition: The United Auto Workers has its strike moment; Mexico maintains its top spot; and the FreightTech 100 list is back.
Your latest info on all things cold chain
With this rise of AI, we take a look at how it can be used by the logistics industry.
Project44’s Jett McCandless comments on the state of technology as the company completes a round of layoffs on Thursday.