Freight Essentials v GlobalTranz

In this installment we talk about the Freight Essentials v. GlobalTranz & Worldwide Express, a lawsuit filed by Dylan Admire of Freight Essentials containing some pretty wild allegations. Disclaimer: This is just the Complaint & the Defendants have not filed their Answers yet. Everything in the Complaint will remain allegations unless & until we have a finding of fact by the fact-finder. In this case, a jury. Disclaimer over. Let's get into it. GlobalTranz is accused of misrepresenting transportation costs to business development companies (BDCs), which caused them to lose out on their portion of gross margin splits, the commission payments they were contractually entitled to. These costs included fuel surcharges, cargo insurance, & bad debt reserves. A little bit of extra "juice" for the bottom line. This discrepancy was allegedly brought up to the powers that be. Then things got wild.Freight Essentials' largest customers were allegedly poached by Worldwide Express through an extension of a credit of over $1.5 million to one client & credits of $100,000.00 to another. Then Worldwide Express allegedly pretended to have acquired Freight Essentials to further move customers away from the agency. This program is brought to you by DAT Freight & Analytics. Since 1978, DAT has helped truckers & brokers discover more available loads. Whether you're heading home or looking for your next adventure, DAT is building the most trusted marketplace in freight. New users of DAT can save 10% off for the first 12 months by following the link below. Built on the latest technology, DAT One gives you control over every aspect of moving freight, so that you can run your business with speed & efficiency.This program is also brought to you by our newest sponsor, GenLogs. GenLogs is setting a new standard of care for freight intelligence. Book your demo for GenLogs today at www.genlogs.io today!