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.

Trucking industry experts weighed in during a debate at FreightWaves’ F3: Future of Freight Festival on whether there is a driver shortage or a driver retention problem.

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.

Dan Lewis, co-founder and former CEO of Convoy Inc., discussed the rise and fall of the digital freight brokerage he helped create and the lessons he learned along the way on Tuesday at FreightWaves’ F3: Future of Freight Festival.

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.

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.

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.

A Miami trucking company and its five affiliates with more than 400 drivers recently filed for Chapter 11 bankruptcy protection.

A Virginia engineer was sentenced to seven years and six months in federal prison for his role in an investment fraud scheme that bilked investors out of over $15.6 million after purporting that he had lucrative engineering inspection contracts for federal and state government infrastructure projects.

A shuttered Illinois-based trucking company that once hauled general freight, liquids and gases, beverages and paper products recently filed for Chapter 7.

An Illinois trucking company recently notified most of its company drivers that it could “no longer support part of its fleet operations” and terminated their positions “due to current market conditions.”

A Texas trucking company and its affiliated companies have shuttered operations and recently filed for bankruptcy liquidation, citing serious financial conditions as the main reason.

Nonprofit groups loaded with crucial disaster-relief and medical supplies are at staging areas outside Tampa, Florida, after Hurricane Milton made landfall along Florida’s Gulf Coast Wednesday before leaving a trail of destruction across the state.

Digital freight broker Next Trucking and sister trucking company Next Freight Solutions may close after furloughing most of their remaining employees and drivers, according to sources familiar with the situation.

Robert Koelsch, co-founder and CEO of Advanced Energy Machines, talks about his company’s zero-emissions SolarTech transportation refrigeration units (TRUs).

A shuttered California-based trucking company that once pulled intermodal containers out of the Port of Oakland has filed for Chapter 7 bankruptcy liquidation.

A former employee of Midwest Transport Inc. has filed a WARN Act lawsuit, alleging the trucking company failed to give a 60-day notice of a planned shutdown before laying off 650 employees, including 480 truck drivers.

An Illinois-based trucking and logistics company that contracted with the U.S. Postal Service to haul mail and had more than 480 drivers ceased operations abruptly Thursday, according to sources familiar with the closure.

Atlanta-based JAS Worldwide, a global freight forwarder, confirmed Tuesday that it was targeted by a ransomware attack after experiencing technical disruptions, which affected its ability to operate and service its customers.

A former trucking company owner from Acworth, Georgia, reported to prison Thursday, a day after a federal judge denied a motion to postpone his surrender following his sentencing in a Paycheck Protection Program fraud scheme.

Nashville-based Universal Capacity Solutions ceased operations Tuesday, laying off around 130 freight brokers and office personnel after its parent company, publicly traded Universal Logistics Holdings, pulled the plug without warning.

About 30 regional drivers for Maryland-based Perdue Transportation Inc. were called in to a meeting Monday and told to clean out their trucks and hand in their fuel cards and badges.

A former co-owner of now-defunct Westfield Transport of West Springfield, Massachusetts, has pleaded guilty to falsifying driving logs in connection with a June 2019 collision involving one of the company’s trucks.

Refrigerated carrier A&A Express announced plans to lay off 111 employees, including 85 truck drivers, and wind down operations by Friday at its Brandon, South Dakota, facility.

New Jersey independent contractors who haul freight under STG Drayage’s operating authority will no longer be tendered loads in November unless the truckers get their own authority through the Federal Motor Carrier Safety Administration.

A New Jersey-based trucking company, cited numerous times for safety violations for both its drivers and equipment, recently filed for Chapter 11.

Blue Thunder Trucking of Broadview, Illinois, and its three affiliates filed for bankruptcy liquidation on July 19.

The U.S. Securities and Exchange Commission has charged two more Florida executives with participating in a truck investment venture that allegedly bilked investors out of $112 million.

Two Miami-based trucking companies, A1 Transport Network and AB Brothers USA, filed for Chapter 11 bankruptcy protection Saturday.

Marc El Khoury, co-founder and CEO of tech-driven trucking company aifleet, weighed in at FreightWaves’ Enterprise Fleet Summit on the debate over the so-called driver shortage and ways his company uses proprietary AI technology to increase driver utilization.

Nearly two dozen freight brokers say an Illinois trucking company and its “affiliated carriers” are holding 36 confirmed loads hostage until ransom demands are paid.

Ex-Slync CEO Chris Kirchner was sentenced to 20 years in federal prison Thursday in the U.S. District Court for the Northern District in Fort Worth, Texas.

Truck brokerage giant C.H. Robinson Worldwide laid off around 80 members of its remaining 150 sales representatives in the U.S. on Thursday, according to sources familiar with the cuts.

Less-than-truckload carrier Tony’s Express of Fontana, California, has filed for bankruptcy protection, nearly three months after it terminated 200 truck drivers, dock and warehouse workers, and office personnel via text message.

Texas-based U.S. Logistics Solutions has filed for Chapter 7, stating that its lender pulled the plug on its funding, forcing the company to shutter operations Thursday.

About 2,000 truck drivers, warehouse and dock workers, and office personnel of Humble, Texas-based U.S. Logistics Solutions say they were notified Thursday that the company was ceasing operations and they would not be paid Friday.

An Indiana trucking company that has filed for bankruptcy protection says a financing deal with a company providing the carrier factoring services is “critical” to continuing operations.

A Georgia jury recently awarded more than $47 million to the family of a 35-year-old owner-operator who was killed in a August 2017 crash involving a former company driver for Wisconsin-based Schneider National Carriers.

Attendees voted Tai Software and MyCarrier TMS as best-in-show winners out of 13 companies that showcased FreightTech innovations during rapid-fire demonstrations at FreightWaves’ Future of Supply Chain event.

A top executive at J.B. Hunt Transport said at FreightWaves’ Future of Supply Chain event that it’s important to zero in on customers’ changing needs to provide long-term value.

An Indiana trucking company with 122 drivers and 142 power units recently filed for Chapter 11 bankruptcy protection.

A California company, which once contracted with FedEx Ground to deliver packages before filing suit against the global delivery giant over alleged illegal business practices, has filed for bankruptcy liquidation.

Illinois-based Patriot Transport and sister company Expeditor Systems recently filed for Chapter 11 bankruptcy protection.

A CDL training school that had facilities in Washington and Oregon has ceased operations and filed for bankruptcy liquidation.

A federal grand jury has indicted an Ohio trucking company owner, alleging the former Department of Defense contractor failed to pay approximately $1.2 million in taxes in a yearslong scheme.

FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), is closing seven service centers in the U.S. as the division continues to make alignments to its freight network.

A 92-year-old trucking company, Arnold Transportation Services of Grand Prairie, Texas, ceased operations recently and filed for Chapter 7 bankruptcy liquidation.

Dave Schultz, who had been missing for more than five months, was found in a field near where his abandoned red- and white-striped Peterbilt was located in Sac County, Iowa.

Family-owned trucking company and brokerage California Intermodal Associates Inc. is ceasing operations after nearly 25 years and blames the state’s independent contractor law.

A 97-year-old dairy that offers home milk delivery in glass bottles and has scores of ice cream and dairy stores in Illinois and Missouri has filed for bankruptcy protection.

Former Tony’s Express employees and truck drivers say financial mismanagement by new owner John Ohle led to the trucking company’s collapse.

A California trucking company has shuttered operations after 19 years of hauling general freight throughout the state.

A California-based less-than-truckload carrier has ceased operations, leaving over 200 truck drivers, warehouse workers and office personnel without jobs or paychecks.

A jury found Jesus Puebla, 27, of Denver, guilty of five counts of vehicular homicide after the straight truck he was driving crashed into an SUV carrying a Wyoming family.

Deli meat producer Freirich Foods claims “temperature abuse” of tons of corned beef at a third-party cold storage facility is the reason it was forced to file for bankruptcy protection.

A California-based trucking company, which shuttered operations in November after its operating authority was involuntarily revoked, recently filed for bankruptcy liquidation.

DAT Freight & Analytics says “external forces” caused service disruptions over the past 10 days on the load board’s platform.

An Illinois trucking company with 183 trucks and 171 drivers recently filed for Chapter 11 bankruptcy protection.

Trucking, logistics and truck stop chains are collectively owed millions of dollars after a Virginia-based logistics firm recently shuttered operations and filed for bankruptcy liquidation.

Qued President Tom Curee discusses the company’s new software offering that streamlines and automates load appointment scheduling among shippers, 3PLs and carriers.

Truck driver Kelvin Garcia Liriano, 28, of New Rochelle, New York, was sentenced to six months in prison for stealing $33,000 load of Mike’s Hard Lemonade.

Trucking, logistics and factoring companies are collectively owed millions of dollars after a California-based freight forwarder filed for bankruptcy liquidation.

Federal prosecutors have charged the owner of an Illinois trucking company in an elaborate scheme to help applicants cheat on CDL exams by using hidden microphones and earpieces.

Texas-based factoring company Genesis Network Telecom filed for bankruptcy liquidation on Wednesday.

Fleet telematics provider Motive Technologies filed a lawsuit Thursday alleging Samsara Inc. copied and used its proprietary technology and patents.

Two owners of a Utah trucking group were recently convicted for their roles in a pay-to-play fraud scheme that siphoned more than $108 million from FedEx Ground.

The owner of an Ohio trucking company pleaded guilty to wire fraud, admitting his role in a scheme to overbill shippers and consolidate shipments headed for Amazon warehouses and Bath & Body Works stores.

A Georgia-based trucking company, Newsome Trucking, which has 60 drivers and 33 power units, recently filed for bankruptcy protection.

A major logistics company filed paperwork this week stating that it plans to cut more than 200 truck driver and warehouse jobs at its facilities in Washington and Oregon by March 31.

Federal investigators have charged two current and two former Massachusetts State Police (MSP) troopers, along with two others, alleging the six traded favors in exchange for giving passing scores to certain applicants in a fraudulent commercial driver’s license (CDL) scheme.

A Texas-based trucking company has filed for bankruptcy liquidation four days before a wrongful death civil trial filed by the family of one of its former drivers who drowned in 2016 was slated to start in El Paso County, Texas.

Ex-Slync CEO Christopher Kirchner was found guilty Thursday of four counts of wire fraud and seven counts of money laundering following a four-day jury trial in the U.S. District Court for the Northern District in Fort Worth, Texas.

Fleet telematics provider Samsara Inc. (NYSE: IOT) filed suit against rival Motive Technologies in federal court Wednesday, alleging Motive, formerly KeepTruckin, copied and used its proprietary technology and engaged in false and misleading advertising.

A Las Vegas man has been sentenced to supervised release and six months of house arrest for his role in a scheme to defraud the trucking company where he worked out of more than $112,000.

Freight brokerage Coyote Logistics has slashed an unspecified number of jobs in its sales and operations divisions.

TruBlu Logistics is divesting its private long-haul fleet and will transition cross-dock shuttle operations to another company, affecting over 600 trucking jobs.

Digital freight brokerage Uber Freight confirmed Tuesday it was forced to cut a number of jobs in order to align with its “continued commitment to drive sustainable growth.”

A California-based third-party logistics company, which had 34 power units and 33 drivers, filed for bankruptcy liquidation on Thursday.

The demise of Yellow Corp. dominated headlines after the carrier filed for bankruptcy protection in August. A lot of smaller carriers and brokerages also called it quits in 2023.

It’s been a month since Sarah Schultz last saw her truck driver husband, David. “Any scenario you could run through your head is probably a possibility,” the Sac County sheriff said.

Walter “Mitch” Mitchell, CEO of Tai Software, urges freight brokers to build their businesses in areas that benefit customers before deciding whether to buy or build a TMS platform.

Postal Service contractor Matheson Trucking and wholly owned subsidiaries Matheson Flight Extenders and Matheson Postal Services of Sacramento are winding down operations after six decades in business.

A federal judge has sentenced Amy Shepherd, 44, of Wichita, Kansas, to 18 months in prison for stealing nearly $113,000 from the trucking company where she worked for nearly three years.

CloudTrucks CEO Tobenna Arodiogbu has announced that his company is exiting the factoring business and will be transitioning its current customers to RTS Financial in the coming weeks to focus on its core business offerings, Virtual Carrier and Flex.

Franklin Ray was sentenced to 212 months in federal prison for his role in multiple fraud schemes, including bilking investors out of $40 million in a truck investment venture.

The U.S. Postal Service is seeking helpers to ensure needy children and families have gifts under the tree on Christmas morning through its Operation Santa program.

A Tennessee-based trucking and logistics company has agreed to pay $700,000 to settle allegations by the U.S. Department of Justice that it discriminated against noncitizen workers when checking their permission to work in the U.S.

Amid an ongoing financial dispute with the U.S. Postal Service, Matheson Flight Extenders plans to lay off more than 450 employees by Dec. 15 and close its mail sorting facilities in California.

Former Elite Transit Solutions employees say when they raised concerns to CEO Michael D. Johnson about carriers not being paid or suddenly being blocked from posting freight on one of the country’s largest load boards, he “always had an answer for everything.”

Leland Miller, CEO of China Beige Book, spoke with FreightWaves CEO Craig Fuller about ongoing supply chain issues, geopolitical tensions and financial risks in China at F3: Future of Freight Festival on Wednesday.

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.

An online auction is slated for Tuesday to sell the assets of Minnesota-based Twin Express Inc., which had more than 70 power units, after the trucking company defaulted on a $19 million loan.

Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of the “current economic situation,” according to sources familiar with the layoffs.

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.

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.

A third-generation family-owned trucking company and brokerage — Certified Freight Logistics, headquartered in Santa Maria, California — is ceasing operations on Saturday after 95 years, citing “falling freight rates and reduced volume.”

FreightTech company Flock Freight’s chief revenue officer has departed after eight months. The company also is cutting positions on its social and creative teams.

A 40-year-old Montana trucking company and freight brokerage has shuttered operations, leaving nearly 275 truck drivers and office personnel without jobs.

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.

About 90 truck drivers and office personnel who worked for Titan Transportation Services Inc., doing business as Sunset Logistics of Grand Rapids, Michigan, say they are owed their final paychecks and escrow after receiving a string of emails from company executives notifying them that the trucking company was closing its doors.