The freight market is heating up—and this week&#x27;s episode breaks down why. We kick off the show with a look at record-setting trucking spot rates, why the July 4 holiday is the freight industry&#x27;s &quot;Super Bowl,&quot; and what tightening capacity means for carriers, brokers, and shippers heading into the second half of the year. Then we dive into the day&#x27;s biggest logistics headlines, including: A $1.3 million cargo theft recovery near Chicago Boeing&#x27;s major freighter deal with China Southern Airlines A growing biometric privacy class-action lawsuit impacting the trucking industry Our featured guests include: Steve Lockington, President &amp; CEO of Geotab Vitality, on how behavioral science, telematics, and positive incentives are improving driver safety, retention, and fleet performance. Burak Cendek, Managing Director at AutoTech Ventures, discussing the venture capital landscape and where transportation technology is headed next. Michael Farkas, Founder &amp; CEO of NextNRG, on AI, energy infrastructure, remote fueling, and the impact of lower oil prices on freight. Gabe Ribeiro, Head of Partnerships &amp; Marketing at Hey Bubba, on building community and innovation in trucking. Plus, Craig Fuller delivers a SONAR market deep dive covering: All-time high trucking spot rates Tender rejection trends Blue-to-Blue freight markets Fuel prices vs. freight pricing What carriers and brokers should expect in the weeks ahead ⁠Follow the FreightWaves NOW Podcast⁠ ⁠Other FreightWaves Shows⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

FreightWaves Today | June 29

FreightCasts

# Full Transcript

**Podcast:** FreightCasts

## Transcript

Unsere Empfehlung für deinen Podcast? Frisches Obst und knackiges Gemüse von Aldi. Immer gut, immer günstig, immer vielfältig. Kurz gesagt, frische für alle. Zum Aldi-Preis. Diese Woche Mini-Wassermelonen. Das Kilo für nur 1,29 Euro. Oder Nektarinen. Die Ein-Kilo-Schale für nur 1,89 Euro. Entdecke jetzt viele weitere Angebote in deiner Aldi-Nord-Filiale. Und weiter geht's. Einfach lauschen und genießen. Aldi. Gutes für alle.

Das ist eine große Worte. Das ist July 4, Holiday Week. Heading into the holiday, das ist die Fireworks der Freight Market. Das ist die Super Bowl. Malcom.

Yes, Sir. Wie excited sind Sie für den July 4? Oh, ich bin super excited. Ist Amerika zurück? Oh, Amerika hat nie left, baby. Ja, we're right. Wir fühlen die Welt Cup storyline. Wir werden nicht gewinnen. Wir werden die Games. Wir hoffen, wir werden. Ja. Aber wir werden die Storyline. Es ist ein vieles enthusiasm über Amerikana. Und, of course, if you're in Freight, things are great. Trucking spot rates, I'll talk about it later today, on the daily, hit an all-time high. Yes. We know the White House is paying attention. Absolutely. We know that the FMCSA is paying attention. Absolutely.

We know that you're paying attention because things have never been brighter in Freight. That's exactly what we're going to talk about today. We have a great show. We have Steve Lockington. He's the president and CEO of Geotab Vitality. He's going to talk about driver safety. We have Barack Sendek, the managing director of Autotech Ventures. He's going to talk about early stage venture startup world. Nice. Always good to hear from the venture capitalists because they see things before that they're on a bleeding edge.

Literally, they are bleeding because these things are burning cash. But he'll give us some insights. We have Michael Farkas, the founder and CEO of NextNRG, to talk about energy infrastructure and the AI world. Remote fueling got a lot of really great things on the energy because we've seen collapse and relative collapse in oil prices. And America decided to do a ceasefire short term, maybe. It was a little bit of like... So it was like, hey, just kidding. Push, pull. How old are you?

I'm 32 as a bonus. I'm not allowed to ask. No, it's okay. You can. We're close. He's 32. 32, yeah. Yeah. And do you remember Gulf War I and that period between... You might have been too young to remember Gulf War I between when Saddam Hussein was still in power. Yeah. Between the two wars. And every now and then, he would get into a skirmish with the United States. So my father served out actually during that time. Okay. So that's a fun thing. Thank you, Father, for your service. Yeah, of course. Of course. Of course. He did good work because we kicked some butt over there in Iraq.

He's a good guy. Except we went back for round two. Round two. It does feel that way. We're going to talk about all sorts of things, including oil pric...

FreightWaves Today | June 29

Transcript

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Every day you wait, your competitors are finding
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FreightWaves Today | June 29

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.