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

FreightCasts · Apr 24, 2026 · 3m

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…