TIA warns Congress of rampant fraud in trucking

WASHINGTON — Rampant fraud in trucking has become an $800 million problem and the Federal Motor Carrier Safety Administration is not addressing the problem, according to the lobby representing 3PLs and brokerage firms. “There’s a surge of malicious actors engaging in illegal activity, registering with FMCSA as carriers and perpetrating fraud, theft and holding freight…

Prologis sees occupancy dipping through Q2 before sustained rebound

Logistics facility owner Prologis provided a positive outlook for 2024 on Wednesday but noted that facility occupancy will likely trend lower through the second quarter before climbing in the back half of the year. The company’s 1.2 billion square feet of space remains largely occupied currently, but new facilities continue to come online across the…

Car carrier WWL Vehicle Services Americas laying off 63 Houston workers

WWL Vehicle Services Americas is permanently closing a Houston logistics operation and laying off dozens of employees, according to a filing with the Texas Workforce Commission. WWL Vehicle Services Americas is a subsidiary of global shipping and logistics giant Wallenius Wilhelmsen. The Norwegian company specializes in receiving new cars shipped from overseas and preparing them…

PS Logistics acquires flatbed segment from ELS

PS Logistics announced Wednesday that one of its subsidiaries acquired the flatbed fleet of ELS, which includes more than 90 tractors and over 240 over-length trailers. Kenly, North Carolina-based ELS is a 15-year-old carrier mostly hauling steel, lumber and building products. ELS will retain and continue to operate its heavy-haul and intermodal segments. The acquisition…