TIA’s April 2025 Fraud Report Reveals Alarming Trends — Technology Like Hault Is Stepping In
The Transportation Intermediaries Association (TIA) has released its April 2025 State of Fraud in the Industry report, sounding the alarm on an unprecedented rise in freight fraud across the $343 billion third-party logistics (3PL) sector. Based on member surveys and data collected from TIA’s Watchdog platform, the report reveals a growing crisis with mounting financial […]
Echo Global Logistics Partners with Wabash to Accelerate Drop Trailer Expansion
Echo Global Logistics, a leading provider of technology-enabled transportation and supply chain management services, has announced a strategic partnership with Wabash (NYSE: WNC), a top manufacturer of semi-trailers and truck bodies. This collaboration marks a significant step in Echo’s continued investment in its drop trailer program, aimed at delivering greater flexibility and efficiency for shippers […]
IBM has announced an ambitious $150 billion commitment
IBM has announced an ambitious $150 billion commitment to bolster U.S. manufacturing, research, and development over the next decade. This monumental investment marks one of the largest corporate pledges to advancing American innovation, aiming to secure the nation’s leadership in critical technologies. Driving the Future of Technology and Manufacturing IBM’s investment will focus heavily on […]
Uber Freight’s 2025 Carrier Summit: A Vision for Technological Growth in Logistics
At the 2025 Carrier Summit held in Atlanta, Uber Freight laid out a compelling vision for the future of logistics—one driven by technology, innovation, and deepened industry partnerships. Amid an uncertain freight market, CEO Lior Ron emphasized resilience and opportunity, announcing that Uber Freight now manages over $20 billion in freight volume. Technology as the […]
UPS Announces 20,000 Job Cuts Amid Changing Amazon Relationship
April 30, 2025 — UPS has announced a major restructuring move, cutting 20,000 jobs and closing dozens of facilities as it adapts to a sharp reduction in shipments from Amazon, its largest customer. The global shipping giant, which employs around 490,000 workers, will eliminate just over 4% of its workforce. In addition to the layoffs, […]
Stonepeak Acquires Dupré Logistics to Expand Transportation Portfolio
Investment firm Stonepeak has acquired a majority stake in Dupré Logistics, a Louisiana-based trucking and logistics company, as it looks to strengthen its presence in the transportation sector. Dupré, known for its fuel, chemical, and freight delivery services, will continue operating under its current leadership, with CEO Doug Hains remaining in charge. The company, founded […]
Farewell to the Road: Davis Express to Close After 44 Years of Service
After more than four decades of hauling freight across the Southeast and beyond, Davis Express, a family-owned trucking company based in Starke, Florida, has announced it will be shutting down operations. In a heartfelt message shared on the company’s Facebook page, owner James “Jimmy” Davis confirmed that April 23 will mark the final day of […]
Ontario Drops Electricity Surcharge Amid U.S. Trade Tensions
In a move to avoid a potential trade showdown with the United States, the Ontario government has eliminated its surcharge on electricity exports, a policy reversal that comes after warnings from Washington and American energy companies. The surcharge, initially implemented in early 2024, added a fee to electricity sold to out-of-province customers — primarily affecting […]
The Rise of Electronic Bills of Lading in Ocean Freight: Transforming the Shipping Industry
Understanding Electronic Bills of Lading Electronic bills of lading (eBLs) represent a modern approach to managing shipping documentation in ocean freight. Unlike traditional paper bills of lading, which have been a cornerstone of maritime shipping for centuries, eBLs utilize digital technology to streamline and enhance the shipping process. This transformation not only promotes efficiency but […]
434 units at BSCIC estates are either sick or closed
To mark the first UK show of artist Herni Brande, developers ThemesCamp and German studio schultzschultz have created the Ledge Wooden at Berlin city.