The Daily | December 1, 2025
This week, we examine the unprecedented regulatory storm targeting the U.S. trucking labor market, which combines aggressive DHS I-9 audits with powerful financial enforcement by FinCEN. These federal pressures, including stricter CDL requirements, are accelerating the market capacity correction by forcing thousands of non-compliant drivers out of the industry and stabilizing depressed freight rates. The air freight sector is simultaneously reeling from a severe, unexpected capacity crunch right at the peak shipping season. We detail why FedEx canceled all MD-11 cargo flights for December…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.