Trucking Bankruptcies Surge, 'Trojan Driver' Cargo Theft, and PlusAI SPAC Canceled | The Morning Minute

In today's episode, we discuss the recent surge of financial closures hitting small carriers and brokers across the country. Listen in to learn why Illinois has become a major hotspot for these trucking liquidations, driven by tight margins and elevated operating costs. We also explore a concerning new cargo security threat that involves criminal networks infiltrating legitimate carriers rather than setting up fake companies. This elaborate scheme allows thieves to pass normal hiring checks and slowly gain access to high-value loads before orchestrating a routine-looking theft. Finally, we cover the latest developments in autonomous trucking as a major technology developer cancels its plans to go public via a SPAC merger. Despite the deal falling apart due to market conditions, the company continues to project strong revenue and retains the backing of its high-profile investors. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices