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News
Police find $3.8M in cocaine in Indiana truck’s sleeper after ‘mystery’ Memphis pickup
4+ day, 10+ hour ago (572+ words) An Indiana trucker told police he was transporting an empty trailer from Memphis to Indianapolis. A commercial vehicle inspection uncovered 126 kilograms, or about 277 pounds, of cocaine. Police found the drugs inside the tractor’s sleeper compartment, not inside the trailer. Indiana…...
Overroute raises $5.5M to expand AI freight execution platform
4+ day, 16+ hour ago (673+ words) Overroute has raised $5.5 million to expand its AI-powered freight execution platform, which is already being used across J.B. Hunt’s business units. UP.Partners led the funding round in Overroute, with EIC Rose Rock, 1834 Ventures, Tulane Ventures and other investors participating as…...
One complaint exposed $800K Texas grain theft spanning 176 loads
1+ week, 4+ day ago (248+ words) Texas investigators linked an organized theft case to 176 grain loads weighing approximately 9.12 million pounds. The inquiry now covers more than 200 confirmed or potentially stolen shipments. Authorities value the agricultural product under examination above $800,000. Three men face criminal charges, while additional…...
Transportation capacity contraction slows in August
1+ week, 5+ day ago (598+ words) Transportation capacity continued to dwindle in August, but at the slowest rate recorded in six months. Transportation pricing, however, continued to surge, according to a monthly sentiment survey of supply chain professionals. The Logistics Managers’ Index signaled further tightening in…...
$647K Nike cargo recovered near Chicago after fraudulent Memphis pickup
1+ week, 6+ day ago (364+ words) Cook County investigators recovered approximately $647,420 in Nike merchandise after a fictitious pickup involving fake documents. The incident began Aug. 21 at a company facility in Memphis, Tennessee. A driver picked up the shipment intended for Dallas using fraudulent paperwork, according to…...
Peak Season Is Coming - But Where Is The Freight Surge?
1+ week, 6+ day ago (251+ words) Peak season is upon us, but SONAR data reveals a surprising trend: tender rejection rates aren’t surging into Labor Day like previous years. While spot rates remain elevated year-over-year, the expected pre-holiday peak isn’t materializing. Is this the new normal…...
Supply driven trucking market cycle explained in the data
2+ week, 1+ day ago (199+ words) Accepted tender volumes are a fairly good proxy for total truckload demand when rejection rates are relatively low (spot market or outside existing contracts. Recent ASTVI levels are actually close to where they were in 2019 — lower than most of the…...
BLS: more transportation/warehousing workers than believed
2+ week, 2+ day ago (480+ words) The Bureau of Labor Statistics is estimating that there are a significantly larger number of workers in the Transportation & Warehousing sector this year than the base model it has been using for its 2026 employment reports. The BLS, in its preliminary…...
Arizona police recover $400K in stolen cargo during stops 20 minutes apart
2+ week, 2+ day ago (431+ words) A stolen-load alert in northern Arizona led investigators to roughly $400,000 in recovered cargo across two interstates. Detective Curtis Peery of the Coconino County Sheriff’s Office received notice that a stolen shipment was traveling through the region. He began searching Interstate…...
Tender Rejections at 13.5%: Is Freight Bottoming?
2+ week, 3+ day ago (87+ words) Tender rejections are still running near 13.5% — and that could mean the freight market has found a short-term bottom ahead of Labor Day. In this SONAR update, we break down what stalled rejection declines mean for capacity, why this still looks…...