He Wasn’t a FedEx Driver: The Truth Behind the Athena Strand Case | WHAT THE TRUCK?!?
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
Small Fleet Bankruptcies Surge, UPS Deploys Package Sensors, and Truckstop.com Meets Trucker Path | The Morning Minute
In today's episode, we discuss the harsh realities of the domestic surface market as a wave of bankruptcies among small and mid-sized carriers sweeps across the United States. Facing a prolonged freight recession, depressed spot rates, and high operating costs, vulnerable carriers are simply running out of financial runway and filing for Chapter 11. Next, we explore how logistics giant UPS is deploying cutting-edge technology by expanding its use of automated package sensors to virtually eliminate lost parcels. This massive rollout of RFID labels will streamline sorting operations, drastically reduce misloads, and give e-commerce shippers unprecedented real-time visibility into their freight's exact location. Finally, we look at a major new tech integration that aims to make life easier for drivers as the navigation app Trucker Path seamlessly connects with the Truckstop.com load board. By combining high-quality freight matching with real-time truck routing and parking availability, this strategic tie-up helps to reduce deadhead miles for independent drivers battling a tight spot market. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
FedEx CFO Resigns, '60 Minutes' Exposes Chameleon Carriers, & Ace Hardware Taps Uber Eats | The Morning Minute
In this episode, we unpack the sudden leadership shakeup at the logistics giant following the resignation of FedEx's Chief Financial Officer. His abrupt departure raises critical questions on Wall Street regarding the ongoing integration of the company's express and ground networks and its long-term financial stability. Next, we discuss the dark side of trucking safety and the regulatory loopholes that allow shadowy operators to continuously endanger the public. We dive into a blockbuster CBS investigation where 60 Minutes exposed a notorious chameleon carrier network that evades federal oversight by repeatedly reincarnating under new identities. Finally, we explore the evolving battle for gig economy deliveries as the logistics platform rapidly expands beyond traditional food orders. Discover how Ace Hardware partnered with Uber Eats to transform its vast network of neighborhood stores into hyperlocal micro-fulfillment centers for rapid tool and hardware deliveries. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
The Energy Behind AI: Why Natural Gas Is Driving America’s Next Supercycle | Freight Expectations
In this episode, Craig and Matthew connect the dots between energy, AI, and the future of freight—and why it all points to a massive economic shift already underway. Fresh off a high-level energy conference, Craig shares insights from industry leaders on why the real race isn’t just for AI chips—it’s for power. With data centers driving unprecedented demand, natural gas has emerged as the backbone of America’s next growth cycle. Plus, a candid discussion on geopolitics, market resilience, and why energy—not technology alone—will determine who wins the future. If you want to understand what’s really driving the economy right now—and where it’s headed next—this episode connects the dots Follow the Freight Expectations Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Amazon's $500 Million Package Drone Gamble | WHAT THE TRUCK?!?
Welcome to a Monday edition of WHAT THE TRUCK?!?. Coming off a masterful weekend in Chattanooga, hosts Malcolm Harris and Michael Vincent are back to break down the biggest headlines in freight, from the "sexiness" of cargo theft stats to the reality of Amazon’s drone ambitions. While headlines are buzzing with $1,000,000 Lego heists and stolen Kit Kats, the guys look at the actual math. Statistically, freight fraud and theft account for only 0.0036% of freight moved in North America. We discuss why this "sexy" topic gets so much airtime and how technology from companies like Highway is driving necessary trust factors in the industry. Amazon is ramping up Prime Air, aiming to deliver 500 million packages annually by the end of the decade. Michael Vincent isn't buying the hype, questioning the efficiency and safety of "dropping a fragile vase 20 feet out of the ass of a drone" just to satisfy consumer demand for faster delivery Anna Falcon, VP of Customer Experience at MCA Connect, joins the show to discuss why manufacturers must move beyond "boring widgets" to holistic customer strategy. David Long, VP of Product Management at Fleetworthy, pulls back the curtain on the "illusion of data". Many fleets think they have a handle on accidents, but fragmented spreadsheets won't stand up in court. David introduces Legal Lock, a feature that creates an immutable, time-stamped record of an accident to protect a fleet's credibility during litigation. 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