In this episode, we dive into the latest numbers from south of the border, where heavy vehicle manufacturing in Mexico saw a massive 50% drop in February. We discuss how softening freight demand in the United States and a flood of used truck imports are severely undercutting the new vehicle market.
Next, we unpack a massive phantom freight scheme that defrauded Amazon out of more than $3.5 million. Listeners will learn how a Connecticut man managed to bypass security using a manual app override to successfully bill the retail giant for over 1,000 fake trailer movements.
Finally, we explore the continuing consolidation in the logistics brokerage space as Texas-based 3PL Fura formally acquired Barton Logistics. This strategic move marks Fura's fifth acquisition as it continues rolling up independent brokerages to integrate them into its modern, AI-powered platform.
Follow the FreightWaves NOW Podcast
Other FreightWaves Shows
Learn more about your ad choices. Visit megaphone.fm/adchoices