There have been several high-profile, sudden trucking company closures in 2019. New England Motor Freight, a large regional less-than-truckload carrier, filed for bankruptcy in February. In April, Ohio-based Falcon Transport suddenly shuttered operations and left drivers, equipment, and freight stranded. Last month, Minnesota-based regional LTL carrier LME Inc. closed all…
There are many terms in logistics that can be easily confused if you’re new to the industry. Third-party logistics companies 3PL and freight forwarding services are two terms that may seem to be interchangeable but are completely different in the world of logistics. It is not uncommon for freight forwarding and 3PL services to…