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On this Wednesday edition of WHAT THE TRUCK?!?, host Malcolm Harris and Michael Vincent dive into the high-stakes world of freight fraud, industry bankruptcies, and the evolving landscape of international trade.
Industry Headlines
• Market Contraction: Small trucking firms like Liberty Carriers Inc. and NAS Logistics have recently filed for bankruptcy as the industry struggles in a post-COVID down cycle.
• Trade & Ports: Mexico remains the U.S.’s top trading partner, with Port Laredo handling over $29 billion in trade in February alone. Meanwhile, the Port of LA maintains consistent volume despite global economic uncertainty.
• Weather Alerts: Tornado season has arrived early, with 39 tornadoes already reported in Wisconsin this year, significantly higher than the annual average.
Expert Spotlight
• Phil Brink (FreightWaves): Warns that over 50% of brokers and carriers are not vetting partners, leaving them vulnerable to an average cargo theft loss of $300,000 per load.
• Rob Carpenter (Investigator): Fresh off his 60 Minutes appearance, Carpenter discusses the Athena Strand tragedy, emphasizing that carriers in delivery modes must implement stricter criminal background checks beyond basic regulations.
Watch on YouTube
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#WHATTHETRUCK #FreightNews #supplychain
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By FreightWaves4.3
6868 ratings
On this Wednesday edition of WHAT THE TRUCK?!?, host Malcolm Harris and Michael Vincent dive into the high-stakes world of freight fraud, industry bankruptcies, and the evolving landscape of international trade.
Industry Headlines
• Market Contraction: Small trucking firms like Liberty Carriers Inc. and NAS Logistics have recently filed for bankruptcy as the industry struggles in a post-COVID down cycle.
• Trade & Ports: Mexico remains the U.S.’s top trading partner, with Port Laredo handling over $29 billion in trade in February alone. Meanwhile, the Port of LA maintains consistent volume despite global economic uncertainty.
• Weather Alerts: Tornado season has arrived early, with 39 tornadoes already reported in Wisconsin this year, significantly higher than the annual average.
Expert Spotlight
• Phil Brink (FreightWaves): Warns that over 50% of brokers and carriers are not vetting partners, leaving them vulnerable to an average cargo theft loss of $300,000 per load.
• Rob Carpenter (Investigator): Fresh off his 60 Minutes appearance, Carpenter discusses the Athena Strand tragedy, emphasizing that carriers in delivery modes must implement stricter criminal background checks beyond basic regulations.
Watch on YouTube
Visit our sponsor - TRUCKSTOP
Subscribe to the WTT newsletter
Apple Podcasts
Spotify
More FreightWaves Podcasts
#WHATTHETRUCK #FreightNews #supplychain
Learn more about your ad choices. Visit megaphone.fm/adchoices

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