News
Job growth in truck transportation remains muted
1+ hour, 1+ min ago (425+ words) There were only 1, 000 more truck transportation workers being counted by the Bureau of Labor Statistics in June compared to the number the agency counted in April. In four of the last five months, the number of truck transportation jobs reported…...
Freight Factoring Requirements: What Trucking Companies Need to Qualify
2+ hour, 11+ min ago (1029+ words) You can run loads consistently, work with solid brokers, and still feel pressure every week because most invoices take 30, 45, or even 60+ days to get paid. That delay is exactly why freight factoring has become one of the most widely used…...
CORCA heads to Senate amid cargo theft debate
2+ hour, 58+ min ago (556+ words) They're not saying that there is no cargo theft going on," Cornell said. They're saying that it's minimal and it's being overstated." What CORCA would do Why Congress says the bill is needed Why critics oppose the bill Critics also…...
Triumph debuts freight RFP management tool
4+ hour, 48+ min ago (856+ words) Freight contract bids once followed an annual cycle. In today's supply-constrained market, some shippers are now repricing contracts as frequently as every 30 days. Triumph (NYSE: TFIN), the Dallas-based transportation finance and technology company, launched RFP Manager on Tuesday to help…...
Why Trucking Companies Should Hire an Insurance Agent'Not Just Buy Insurance
17+ hour, 9+ min ago (13+ words) Freight Waves...
The C. H. Robinson "U-Turn" Case: What It Means for Broker Liability
18+ hour, 47+ min ago (219+ words) Summary View Transcript A shocking "U-turn" lawsuit against C. H. Robinson highlights growing tensions around freight broker liability. We discuss why this "ridiculous" case, despite the broker having no involvement in the load, raises critical questions about negligent hiring, tort reform, and…...
Rail Freight Boom: US Intermodal Volume Up, But Speeds Crash [Shocking Data]
18+ hour, 48+ min ago (235+ words) Summary View Transcript US intermodal rail volume saw a robust 10% increase last week, continuing a strong growth streak. However, this surge is causing significant network slowdowns across major railroads, with some experiencing 10-20 month lows in train speeds. Meanwhile, Canadian intermodal…...
TQL case on broker transparency heads to oral arguments
18+ hour, 32+ min ago (651+ words) A lawsuit involving the question of broker transparency, featuring the second-biggest brokerage as one of the parties in a lawsuit, is headed to oral arguments in Washington September 11. Pink Cheetah appealed. The fact that the case is going to oral…...
July 4th Heat: What It Means for Reefer Capacity and Spot Rates
18+ hour, 45+ min ago (243+ words) Summary View Transcript Extreme heat is scorching the Eastern US, from the Gulf Coast to Canada, with heat index values hitting 114 degrees. This isn't just a weather story; it's a critical freight market update for temperature-controlled freight. We're seeing reefer…...
Liability in Trucking: How Bad Legislation Drives Up Costs
18+ hour, 48+ min ago (224+ words) Summary View Transcript The trucking insurance market is in turmoil, but the real issue goes beyond "nuclear verdicts." Cover Whale"s CRO, Myles Oppenheimer, explains how legislative environments and a lack of underwriting discipline are creating a "self-inflicted wound" that…...