Sat.Jun 21, 2025

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Carrier revocations overachievement illustrates increasing market vulnerability

Freight Waves

Chart of the Week: Carrier Details Net Revocations – USA SONAR : CDNR.USA Carrier Net Revocations—which measure how many truckload operators (businesses) are exiting the industry—have remained unseasonably elevated throughout the first half of the year. The current pace of exits is 16% higher than during the same period in 2024. Although new authority issuances have increased this year, they’ve stumbled in recent weeks as new enforcement behaviors and processes may be creating addition

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Tesla Set to Open India Showrooms in July With Made-in-China EVs

Supply Chain Brain

Five Model Y vehicles have already arrived in Mumbai from Tesla’s Shanghai factory, according to documents reviewed by Bloomberg News.

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Fred Smith, FedEx founder and parcel industry pioneer, dies at 80

Freight Waves

Frederick W. Smith, who founded FedEx Express Corp. fifty-four years ago and revolutionized the parcel delivery business by using aircraft for overnight delivery, died Saturday, the company said on its website. He was 80. “Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its People-Service-Profit culture, values, integrity, and spirit.

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