The number of trucking businesses leaving the market came in at 7,474 in April, the highest in 12 months and a 26% increase compared to March, according to ITS Logistics’ May ITS Supply Chain Report.
Ongoing volatility in the global supply chain is driving high market turnover and creating opportunities for freight fraud, Josh Allen, ITS Logistics’ chief commercial officer, said.
“Extreme turnover like we’re seeing in today’s capacity market creates an environment ripe for fraud, which is already...
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