The Daily Dash: State of the market; top challenge facing DOT’s next leader

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, earnings from lender BMO shed light on the state of the U.S. trucking market. Plus, Flock Freight lands $113.5 million in funding, and the next leader of the U.S. Department of Transportation could face turf wars among various agencies.

A healthy market rolls on

Canadian-based bank BMO reported its fourth-quarter earnings. With a heavy presence in transportation, the earnings offer a glimpse into the state of the market.

John Kingston looks at what the earnings are suggesting: Trucking industry lender’s quarterly data shows significant market improvement

Money flows to Flock Freight

F​lock Freight,​ a technology startup that offers a shared truckload shipping solution, has raised $113.5 million in a Series C, the latest of several noteworthy funding rounds completed by maturing digital freight companies.

Linda Baker details Flock Freight’s backers: Flock Freight completes $113.5M Series C

Picking DOT’s next leader

As President-elect Joe Biden names his list of agency heads, an expert weighs in on what the most important attributes are for the next U.S. Department of Transportation leader.

John Gallagher has the details: Former DOT chief to potential Biden picks: Beware of agency turf wars


MoLo Solutions is switching from its legacy transportation management system provider to Mastery Logistics Systems’ MasterMind product.

John Paul Hampstead explains why: MoLo Solutions takes Mastery’s TMS live

Stories we think you’ll like:

KLLM rolls out ‘one of the largest’ driver pay hikes in company history

On-demand warehousing startup raises $70M Series C

Waymo deepens investment in autonomous trucking

Navistar makes Intelligent Fleet Care standard for 5 years

Most unforgiving bridges for truckers in the US

OOIDA’s Spencer asks Biden for top post at FMCSA

Did you miss this?

Trucking fleets running older devices on 3G networks could soon start seeing a degradation of service as major telecom carriers mothball 3G towers.

Brian Straight explains how much time they have left: Fleets’ data service reliability may drop as telecoms transition away from 3G

Hammer down, everyone,

Brian Straight

Managing Editor

Click for more FreightWaves articles by Brian Straight.

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Brian Straight

Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler. You can reach him at