If the predicted freight increase in 2025 is coming, its progress seems excruciatingly slow. In January, the Cass Freight Index for Shipments fell by 5.3% from December 2024 levels and were 8.2% lower than January 2024. Shipment numbers reached their lowest level since July 2020, according to the Cass report.
HappyRobot, which provides AI-powered voice solutions for the logistics sector, secured $15.6 million in Series A funding.
Hopes for an inflection in US freight demand this year are moderating, if not fading, only two months into 2025. Potential disruption from US tariffs, especially on Canada and Mexico, is calling the extent of a potential freight recovery into question.
Erika Voss and Joe Lynch discuss taking the uncertainty and risk out of freight. Erika is Vice President of Information Security at DAT Freight & Analytics, the largest truckload freight marketplace in North America.
Brokers make a distinction between co-brokering, done legitimately as a necessity in a fast-paced business environment, and double-brokering, done surreptitiously, often by fraudsters intending to steal freight.
Copper Products, Consumer Electronics and Cryptocurrency Mining Hardware Were Frequent Targets of Cargo Theft in 2024
Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytic. DAT operates the largest truckload freight marketplace in North America. Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions.
Fuel card skimming has become an increasing threat to the financial security of truck fleets, but industry leaders have been making progress addressing the issue over the past year.
Dean Croke is the principal analyst for DAT Freight and Analytics, and he has quite the backstory. Dean has been driving for most of his life, growing up in a family livestock haulage business in Australia. He’s driven around 2 million miles, including pulling some of the biggest road trains in existence.
Fleets may finally find for-hire rates are turning up: Forecasts call for a market flip as early as Q2.