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.
Hurricane Rafael is expected to take aim at the United States after making landfall in Cuba, but the storm’s possible intensity and damage to the U.S. coast remain unclear.
A Miami trucking company and its five affiliates with more than 400 drivers recently filed for Chapter 11 bankruptcy protection.
In this edition: Breaking down the biggest day every four years, and another strike has it feeling like Groundhog Day.
The Environmental Protection Agency has awarded nearly $250 million for a multistate project to add electric truck chargers along the I-95 freight corridor.
In this edition: Breaking down how scary freight makes its way to consumers, and the Savannah port rises to the top.
As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.
A shuttered Illinois-based trucking company that once hauled general freight, liquids and gases, beverages and paper products recently filed for Chapter 7.
Hurricanes, cargo theft, double brokering, and accidents all can negatively impact insurance rates.
A New Jersey supply chain company is making its workforce more inclusive by partnering with a local nonprofit to train people who have autism, providing them skills to become competitive job candidates.
In this edition: Breaking down talent research findings, and the Port of LA looks to set a new record.
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.”
In this edition: Long-lasting implications for the medical supply chain following the hurricanes, DeltaTrak gives solutions to the masses and Butterball gets the turkey ready.
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.
FedEx transported six giant pandas between the United States and China this week on what the company calls the “FedEx Panda Express.”
In this edition: The first-ever Freight Fraud Awareness Day is here, and women are major players in the supply chain.
Former American Trucking Associations CEO and President Thomas J. Donohue, hailed as “a powerful voice for all businesses, employers and their employees,” died Monday. He was 86 years old.
Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather.
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.
Hurricane Milton smashed into Florida around 8:30 p.m. Wednesday as a Category 3 near Siesta Key and was making its way across Florida on Thursday.
Food retailers with distribution hubs in Hurricane Milton’s path are preparing for the storm to make landfall overnight Wednesday.
Category 4 Hurricane Milton is expected to hit Florida late Wednesday or early Thursday, bringing catastrophic flooding and life-threatening conditions less than two weeks after Helene battered the state.
Dangerous winter road conditions are on the way. Drivers need to prepare ahead of time to stay safe.
Inbound loads to Lakeland are being rejected at elevated rates.
In this edition: TIA releases its ‘State of Fraud’ report and Forward Air remains chaotic.
Some Florida ports shuttered Tuesday ahead of Hurricane Milton, which is expected to continue growing in size before making landfall as a life-threatening storm.
Tampa’s port is bracing for Hurricane Milton as the projected Category 5 storm rapidly strengthens as it barrels toward the state.
“The Waffle House Index” illustrates the severity of damage in areas affected by extreme weather.
Logistics companies are stepping up to help in Hurricane Helene’s aftermath.
A Wyoming trucking company owner is facing an Equal Employment Opportunity Commission lawsuit alleging that he sexually harassed multiple female employees.
Tristen Utter was nearly finished with his first delivery to North Carolina when he was caught in the disastrous and deadly remnants of Hurricane Helene, stranding him for days with no way to contact loved ones.
Hundreds of roadways are closed in North Carolina, including parts of two interstates, snarling delivery routes and posing a challenge for the logistics community as it works to get supplies to residents.
Global supply chain security could tighten dramatically after Hezbollah pagers and walkie-talkies were turned into miniature bombs.
Ports are assessing damage after Hurricane Helene roared into Florida as a Category 4 storm.
Ed Burns, CEO of Burns Logistics, joins Jeremy Reymer, founder of DriverReach and Project 61, to discuss the history of Burns Logistics and how that impacted his philosophy of sales through forming meaningful relationships.
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.
Most Florida ports were closed Thursday ahead of Hurricane Helene’s arrival in the Big Bend region, threatening what meteorologists called a deadly Category 2 storm expected to grow stronger before making landfall.
Florida ports are preparing for Hurricane Helene, which is expected to make landfall in Florida on Thursday and bring life-threatening conditions with it.
In an industry that continues to be plagued by nuclear verdicts, carriers continue to face outsized risks surrounding litigation, safety initiatives and work culture.
In this edition: Breaking down a white paper that highlights inefficient supply chains; a new cross-border load board.
The families of those who died in the Francis Scott Key Bridge collapse in Baltimore have filed wrongful death claims in federal court against the owner and operator of the container ship Dali.
Ports along the Gulf Coast are monitoring a storm in the Caribbean that AccuWeather meteorologists predict will strengthen into a hurricane and hit the area on Thursday.
By leveraging Uber Freight’s TMS, Leaf Home was able to consolidate operations into a single system with automation, enabling high growth without increasing headcount.
Blue Cube develops new freezing technology, SeaCube makes major investments, and Green Giant expands the freezer aisle.
A Transportation Intermediaries Association report says the freight industry is “under siege” from fraud and must evolve to fight the ballooning problem.
Paul Kroes, the trailer innovation leader at Thermo King, discusses the future of sustainability and innovation in refrigeration transportation.
Robert Koelsch, co-founder and CEO of Advanced Energy Machines, talks about his company’s zero-emissions SolarTech transportation refrigeration units (TRUs).
U.S. Rep. Dave Joyce is spearheading an effort to have the Department of Homeland Security do more to combat organized retail crime in America.
In this edition: Big strike issues lie ahead, and it’s Truck Driver Appreciation Week!
A shuttered California-based trucking company that once pulled intermodal containers out of the Port of Oakland has filed for Chapter 7 bankruptcy liquidation.
Aaron Rudolf, who owns Rudy’s Performance Parts in Burlington, North Carolina, must pay $10 million in criminal and civil fines for an emissions defeat device scheme.
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.
Hurricane Francine, which made landfall in Louisiana as a Category 2 storm, did not cause widespread disruptions to local ports.
German railway Deutsche Bahn is selling its Schenker logistics unit to DSV of Denmark in a deal that will create the world’s largest forwarder.
Ports along the Gulf Coast are assessing damage after Hurricane Francine smashed into Louisiana on Wednesday evening.
A life-threatening storm surge and extreme winds are expected to batter the Louisiana coast Wednesday as Hurricane Francine makes landfall.
Tropical Storm Francine is expected to make landfall in Louisiana on Wednesday as a hurricane, bringing a life-threatening storm surge with it.
In this edition: Maersk Container Industries has a new triple-refrigerant solution, Pharma air cargo gets an upgrade, and a friendly face in the frozen aisle gets a facelift.
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.
Weather forecasting agency AccuWeather is reducing its projected number of named storms during the 2024 Atlantic hurricane season following an “unusual” August with low tropical activity.
Portex founder Brittany Ennix explains how logistics technology should be built for SMB shippers.
Knowing the signs of a potential market flip is half the battle in preparing for the future.
Despite the ongoing surge of technological advances throughout the logistics industry, many companies working in the space still find themselves bogged down by inefficiencies.
In this edition: CDL training programs get grants, autonomous trucking faces a setback and Motive releases its August economic study.
Despite peak season stress, supply chain bottlenecks failed to materialize during the recovery from the brief lockout of union employees by CN and CPKC.
Corey Louis Hendrickson, 46, a former mayor of Willard, Missouri, and fleet dispatcher for Prime Inc., was sentenced to three years in federal prison for a scheme in which he used the names and Social Security numbers of drivers to steal money.
In this edition: Rail issues and cargo theft plague Canada and Mexico, and the Panama Canal looks for a drought solution.
Covenant Logistics driver Don Lord is being celebrated after driving 3 million accident-free miles for the company.
It could take the two largest Canadian railroads a week or more to recover from the effects of a shutdown that briefly stalled billions in freight including transborder trade with the United States.
In this edition: The cold chain dodged a rail lockout bullet in Canada, heart transplant transportation gets a boost and Chick-fil-A expands.
Natron Energy plans to build the first U.S. sodium ion battery plant, thanks to investment by the state-owned rail corridor and other public/private economic development organizations.
CN and CPKC early Thursday locked out 9,300 union employees, bringing trains to a halt in a move that could disrupt supply chains throughout North America.
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.
CN said it received no response from Teamsters after making a final contract offer in a bid to avoid service disruption.
While contract talks between Canadian National, Canadian Pacific Kansas City and union employees continue, a rail shutdown would reverberate through the supply chain connecting Canada and the U.S.
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 Dallas family of seven has filed a federal lawsuit against a North Carolina trucking company and its driver after they were seriously injured in a crash involving an 18-wheeler last November.
The American Transportation Research Institute has launched a survey to study cargo theft in the trucking industry, which is estimated to be a $15 billion to $35 billion problem annually.
Amid lockout and strike notices, contract bargaining continues as Ottawa makes a push for both sides to come together on a new rail labor contract.
In this edition: Private fleets are rising in popularity, and the Canadian rail strike looms.
In this edition: The cold chain hits acquisition central