QXO Junk-Bond Sale Draws $10B in Orders, Not a Broker Story
QXO's $3 billion bond offering to fund the TopBuild acquisition pulled triple the demand, but the deal involves a building-products distributor, not freight…
#Broker Vetting
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Broker Vetting Costs Spike After Supreme Court Liability Ruling
One week after Montgomery v. Caribe Transport II, brokers are tightening carrier onboarding, and small fleets are feeling the squeeze.
Echo Global back in court after Montgomery broker liability ruling
Federal appeals court sends 2024 summary judgment back to district court following Supreme Court decision that brokers can be held liable for negligent hiring.