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FreightWaves Morning Minute | Friday, May 23, 2025 📦 Leadership shift at Mercado Libre: After 26 years, Marcos Galperin is stepping down as CEO. 🔗 bit.ly/3F8JFXA 🚢 Savannah Port smashes records: Over 515,000 TEUs moved in April. 🔗 bit.ly/4dqRmEY 💸 Werner

Trailer manufacturer Wabash National, which has seen its stock price drop by more than 60% in the past year, saw its debt rating downgraded by both S&P Global Ratings and Moody’s this month. freightwaves.com/news/double-wh…

Canada Post said it has already experienced a sharp drop in mail and parcel volumes as customers seek alternative carriers or cancel mailings to ensure items don’t get stranded in the postal system. freightwaves.com/news/canada-po…

Are Dispatchers the Cause of High Driver Turnover?! x.com/i/broadcasts/1…

The founder and CEO of Mercado Libre, an online marketplace often described as the Amazon of South America, has decided to call it quits after 26 years. freightwaves.com/news/mercado-l…

Private equity firm Providence Equity Partners has acquired a controlling interest in Global Critical Logistics. freightwaves.com/news/3pl-focus…

Container freight rates out from China to the United States are surging after the trading partners agreed to pause tariffs. freightwaves.com/news/drewry-ch…

Secure Roads & Safe Trucking Act; escaping Yellowknife; theft victim speaks | WHAT THE TRUCK?!? x.com/i/broadcasts/1…

President Donald Trump on Friday said he is “recommending” a 50% tariff on the European Union after stalled trade negotiations with the bloc of 27 member countries. freightwaves.com/news/trump-thr…

The bill, to be called Connor’s Law, is named after Connor Dzion, an 18-year old killed in Florida in 2017 by a distracted truck driver unable to read warning signs alerting to upcoming traffic. freightwaves.com/news/lawmaker-…

Secure Roads & Safe Trucking Act; escaping Yellowknife; theft victim speaks | WHAT THE TRUCK?!? Now on demand on WTT we've got Armenian theft ring victim in studio sharing his story ACanadian trucker tells the tale of him driving over 3 miles backwards in a semi to escape the

WHAT THE TRUCK?!? 🚛🔥 “It felt like a horror movie—flames chasing me down the highway.” Darko Vidakovic talks about his escape from a wildfire and explains just how fast nature can turn deadly. Reversing at 15 km/h, planning his last resort: unhook the trailer and run.

Hear the full interview here: youtu.be/VLlVKeSHHKI

WHAT THE TRUCK?!? 🚨 Major move in trucking safety: Oklahoma’s SB 20 introduces $3,000 fines and equipment impoundment for unqualified, non-English-speaking, or improperly licensed drivers. Finally, legislation putting safety first. Let’s hope other states follow suit.

Full episode: youtu.be/VLlVKeSHHKI

Fraud in the cold chain | Running on Ice x.com/i/broadcasts/1…

Layoffs continue to significantly impact the freight industry as firms in California and Texas announced more than 1,048 layoffs over the past week. freightwaves.com/news/freight-i…

Forward-thinking startup Doss has created AI-fueled software offerings designed specifically to help businesses both understand and improve their supply chain operations. The company is redefining enterprise resource planning (ERP) with its Adaptive Resource Platform (ARP).Learn

Norfolk Southern has expanded its interchange improvement program to all of its shortline connections in a bid to boost carload volume growth. freightwaves.com/news/norfolk-s…