Cargo theft has reached at least a 10-year high, and Travelers Scott Cornell believes it’s higher than ever before. Cargo theft of all varieties has increased 59% across the U.S. and Canada between the third quarter of 2023 and the same quarter last year, according to recent CargoNet data. This number highlights the continued growth…
Chicago-based freight brokerage Coyote Logistics confirmed Friday that it has slashed a number of jobs in its sales and operations divisions, but it declined to disclose the number of employees affected or the percentage of the company’s workforce that was part of the layoffs. The move comes nearly a month after Coyote Logistics, a subsidiary…
Toronto was ranked the third slowest city in the world, according to the 2023 TomTom Traffic Index released on Wednesday. The survey included 387 cities in 55 countries, which were […]
Waltham, Massachusetts-based TruBlu Logistics, a subsidiary of Fresenius Medical Care North America, says it is divesting its private long-haul fleet in early February and will transition cross-dock shuttle operations to another logistics company by the end of February. The moves are expected to affect over 600 trucking jobs. TruBlu Logistics is a leading provider of…
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. As we start a new year, what is the outlook for the logistics industry in 2024 and what can companies do to make things better? It’s a question on most…