FreightTech Friday: Verified Carrier talks vetting tech

The logistics industry is facing challenges from increasingly sophisticated fraud. Recently a bipartisan bill in Congress targeted scam freight brokers and trucking companies by seeking to require stricter registration and enforcement rules for brokers and carriers with the Federal Motor Carrier Safety Administration. Now trending are technology providers in the space who are trying to…

Truckers tell DEA they back Biden’s move to reclassify pot

WASHINGTON — Some truck drivers are urging the Biden administration to approve reclassifying marijuana to a Schedule III drug, but employers that fear safety would decline and put trucking companies at risk are pushing back. Only a fraction of the more than 20,000 comments filed so far in the rulemaking, published in May by the…

Delivered buys $100K in assets from defunct Point Pickup Technologies

Strongsville, Ohio-based parcel shipping company Delivered recently agreed to purchase virtually all assets from Point Pickup Technologies, months after the company closed due to bankruptcy. According to an acquisition agreement approved by a Miami-Dade County Circuit Court judge on June 10, Stamford, Connecticut-based Point Pickup Technologies agreed to sell $100,000 in company assets to Delivered….

NFI CEO Brown indicted in sweeping New Jersey case against political giant

NFI CEO Sidney Brown, a member of the family that has owned the truckload carrier for more than 90 years, was indicted this week as part of a broad investigation of a major New Jersey power broker. While NFI is not a target of the investigation, the indictment says the truckload carrier received more than…