FreightWaves Today

In this episode, Isaiah Buchanan and Grace Sharkey chat about the alarming rise of freight fraud in the United States. They discuss different tactics used by fraudsters, the economic impact, and how to get involved in raising awareness.

Key Points:

Freight fraud costs the industry billions of dollars annually.

Common tactics include double brokering, business email compromise, and cargo theft.

Regulatory bodies are starting to take notice of the problem.

Individuals can help by getting to know their local law enforcement and reaching out to representatives.

Take Action:

Visit StopFreightFraud.com to learn more and access resources.

Tune in for the full interview with industry expert Brittain Ladd (coming up!).

Help spread awareness! Share this video and use #StopFreightFraud

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This episode of Running on Ice discusses cargo theft and how to protect your freight. 

Key Takeaways

Cargo theft is a major problem in the freight industry, and it's important to share information about incidents to help others prevent them.

Location tracking and real-time alerts can help you identify suspicious activity with your shipments.

Cargo thieves often target high-value goods that can be easily resold, such as electronics and beverages.

When shipping in high-risk areas, make sure your carrier has a full tank of gas to avoid stopping and becoming vulnerable.

Cold chain goods are still targets for theft, even though they require special handling.

You can learn more about cargo theft prevention by listening to the full episode of Running on Ice on Spotify, Apple Podcasts, or YouTube at 2:00 PM Eastern on Fridays. You can also subscribe to the Running on Ice newsletter for more industry news at https://www.freightwaves.com/running-on-ice

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Join us for an insightful discussion on the trucking industry as Thomas Wasson, host and writer of the Loaded and Rolling newsletter, provides his expert analysis. In this episode, we delve into the impact of Hurricane Milton on the trucking market, analyze recent class eight order trends, and explore the upcoming third-quarter earnings reports.

Key Topics:

Hurricane Milton's impact on FEMA loads and the trucking market

Class eight order trends and expectations for the rest of the year

Analysis of third-quarter earnings for trucking companies

Discussion on the future of the trucking industry, including emerging technologies and market trends

Don't miss this informative episode to stay up-to-date on the latest developments in the trucking industry.

#FreightWaves #Trucking #HurricaneMilton #Class8Orders #EarningsReport

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This episode of FreightWaves Now Community Spotlight dives into the critical issue of cybersecurity in the supply chain industry! Kaylee Nix chats with Mary O'Connell about the threats facing businesses of all sizes and the solutions offered by McCloud Software.

Key takeaways:

Cyberattacks are a growing concern for businesses of all sizes, not just large corporations

Small businesses are particularly vulnerable due to limited IT resources and potential financial losses

McCloud Software offers comprehensive cybersecurity solutions tailored to the needs of the freight industry

Integrating cybersecurity into your business operations is essential for protecting your data and reputation

Want to learn more?

Listen to the full episode on Apple Podcasts, Spotify, or wherever you get your podcasts at 12:30 PM Eastern on Tuesdays 

Subscribe to the Check Call newsletter for the latest industry news and insights: https://www.freightwaves.com/check-call

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Description:

In this episode of FreightWaves Now Community Spotlight, Kaylee Nix chats with Grace Sharkey about the growing threat of cybersecurity attacks in the supply chain industry.

Key takeaways:

Cyber threats are on the rise and affecting a wide range of businesses, including logistics firms

Phishing attacks remain a major concern, with over 35% of email threats coming through this method

Investing in cybersecurity measures is crucial, including training employees and implementing strong security systems

Collaboration and reporting of incidents are essential for addressing the issue

Want to learn more?

Subscribe to the The Stockout newsletter for the latest updates on supply chain news and trends https://www.freightwaves.com/thestockout

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This episode of FreightWaves Now Community Spotlight dives into the world of solar powered trucks with Robert Kalish, CEO and co-founder of AmGreen! Kaylee Nix and Mary O'Connell discuss:

Why solar power is a perfect fit for reefer trailers

Overcoming hesitancy and risk associated with new technology

How solar power eliminates idling concerns and fuel costs

The positive impact on warehouse workers and the environment

Interested in learning more?

Subscribe to the Running on Ice newsletter for industry insights and a special F3 discount code: https://www.freightwaves.com/running-on-ice

Find Running on Ice wherever you listen to podcasts or watch on YouTube

Don't miss the Future Freight Festival (F3) in Chattanooga, Tennessee!

Head over to https://live.freightwaves.com/f3-future-of-freight-festival-2024 to secure your tickets at the lowest price with the exclusive Running on Ice discount code. Join Kaylee, Mary, and the entire freight community for a weekend of celebration!

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Join Kaylee and Thomas Wasson, our enterprise trucking expert, as they discuss the devastating impacts of Hurricane Helene and the ongoing port strike. Hear about the challenges faced by drivers and logistics professionals in the affected regions, the potential disruptions to freight markets, and the ripple effects that could impact businesses across the country. Don't miss this in-depth analysis of the current freight landscape.

Timestamps:

00:00:00 - 00:01:00: Introduction and overview of Hurricane Helene's impact

00:01:00 - 00:02:30: Challenges faced by drivers and logistics professionals

00:02:30 - 00:04:00: Potential disruptions to freight markets

00:04:00 - 00:05:30: Ripple effects on businesses across the country

00:05:30 - 00:07:00: Conclusion and outlook for the future

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Join Kaylee Nix and Mary O'Connell from Check Call as they discuss the importance of strong carrier relationships in the logistics industry. In this episode, they interview Blair Blake, Vice President of Carrier Strategy at Arrive Logistics, to delve into effective carrier strategies and how to navigate the challenges of the changing market conditions.

Key topics covered include:

The significance of building and maintaining positive carrier relationships

Overcoming common challenges and misconceptions in broker-carrier interactions

The role of technology in enhancing carrier relationships

Best practices for effective communication and collaboration

Whether you're a shipper, carrier, or logistics professional, this episode offers valuable insights into building successful partnerships and navigating the complexities of the freight industry.

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In this FreightWaves Now Community Spotlight, Kaylee Nix and Grace Sharkey dive into the latest Halloween buying habits as we kick off the 2024 holiday season. With a slight dip in consumer spending anticipated this year, the duo discusses new data from the National Retail Federation, revealing insights into candy, costumes, and decorations. They explore why shoppers might be scaling back, the popularity of discount stores, and the creative ways consumers are planning to celebrate. Join them for a lively conversation about how inflation and shifting priorities could impact your spooky season shopping!

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This week on FreightWaves Community Spotlight: Appreciate your truck drivers (and maybe get them a new truck for Christmas!)

It's the second-to-last day of Truck Driver Appreciation Week, and Thomas Wasson is here to share his thoughts on how to truly appreciate these vital members of the supply chain.

Key topics covered:

Spotlight driver Al Weber for his positive attitude and problem-solving skills

Detention times: While they've improved slightly, nearly 40% of drivers still experience them, and getting paid for that downtime remains a big challenge (only 55% of carriers who invoice for detention actually get paid!)

Class 8 truck orders: Data suggests there may be a lull in orders for new trucks in Q4 2024, due to a combination of factors including worked-through backlogs and a flooded used truck market.

How to really appreciate your truck drivers: Forget the free dinner and platitudes! Drivers value home time, higher wages, and perks that make their lives on the road easier.

Thomas also emphasizes the importance of remembering the people behind the wheel. Every week should be Driver Appreciation Week!

Watch this video to learn more about driver detention, the state of the class 8 truck market, and most importantly, how to show your truck drivers you care.

Don't forget to like and subscribe for more Freightwaves content!

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