Topic
trucking industry
Logistics FMCSA Broker Transparency Proposal Expected This Month, Impact Uncertain for Owner-Operators
The FMCSA is expected to issue a supplemental notice of proposed rulemaking on broker transparency this month, according to the DOT's 2026 regulatory agenda. The rule aims to enforce the long-standing 49 CFR 371.3, which gives carriers the right to review broker transaction records. However, the impact remains uncertain as the new administration starts over from a prior proposal.
Trade Finance Chargebacks in Trucking Factoring: How They Erode Profits and Raise Effective Costs
Chargebacks in freight factoring can quietly erode carrier profits, especially under recourse or weak non-recourse agreements. A single $3,000 unpaid invoice can cost $2,900 out-of-pocket, and two chargebacks a year can raise the effective factoring rate from 2.5% to 5.8%, according to a guide from factoring firm Summar.
Logistics Trucking M&A Heats Up: Private Equity and Strategic Buyers Eye Supercycle as Freight Rates Stabilize
The freight market is witnessing a resurgence in merger and acquisition activity as private equity and strategic buyers reassess opportunities amid stabilizing freight rates. Chris Wofford of Wofford Advisors examines the forces driving a potential trucking supercycle, highlighting the growing importance of controlling customer spend as a strategic asset.
Logistics Jasbir Thandi Pleads Guilty in Trucking's Biggest Insurance Fraud Case
On July 18, 2025, Jasbir Thandi pleaded guilty to two counts of conspiracy to commit insurance fraud in a scheme that defrauded Global Hawk Insurance and Houston General Insurance Exchange. The case exposes how a single broker controlled both the insurer and the premium flow, falsifying records and misappropriating millions. Thandi faces sentencing on Aug. 28.
Logistics Only 3 of 79 Trucking Bills Became Law Over Two Congresses, FreightWaves Analysis Shows
Over the 118th and 119th Congresses, the U.S. introduced 79 trucking-related bills but passed only 3 into law. Two are modest CDL improvements and the third is a deregulation measure. The vast majority died in committee, highlighting legislative gridlock on road freight policy.
Finance TFS Financial and WEX Launch Equipment Financing Program as Trucking Industry Rebounds
TFS Financial and WEX have launched 'Equipment Financing Powered by TFS' to help trucking fleets acquire trucks, trailers, and other assets. The program leverages TFS's multi-lender platform and Match Engine Technology. Fleet confidence is rising as carriers begin replacing equipment delayed during the freight recession.
Logistics Brett Suma Leads Bot Auto's Autonomous Trucking Expansion
Bot Auto appoints Brett Suma as president and COO to scale its autonomous trucking operations. Suma's experience with Knight Transportation will guide Bot Auto's strategic growth without the need for drivers.
Logistics Hotshot Trucking's Ghost Fleets Disrupt Road Freight
The emergence of ghost fleets in hotshot trucking is reshaping road freight logistics, driven by regulatory changes and market shifts. This phenomenon involves the use of multiple vehicles under minimal official registration, impacting inspection rates and insurance costs.
Logistics Nussbaum Leads with Public Driver Pay Increase Amid Industry Quiet
Nussbaum Transportation has publicly announced a driver pay increase, setting a trend in the trucking industry. This move highlights ongoing challenges in driver recruitment and retention.
Logistics House Committee Approves Bill Impacting Trucking Sector
The House Transportation & Infrastructure committee has approved a transportation bill with significant implications for the trucking industry, focusing on restroom access and parking provisions. The bill, known as the BUILD America 250 Act, aims to improve conditions for truck drivers.