The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, prosecutors have indicted 11 for staging truck accidents. Plus, Mike Boeglin’s widow is still searching for answers in her husband’s murder, and TFI International is hit by a ransomware attack.
The Big Easy no more
Eleven people have been indicted in New Orleans, accused of staging automobile-truck accidents to cash in on insurance payments. In court documents, prosecutors also allege the 11 were working with five separate attorneys, although they are not named in the indictments.
John Kingston explains how the scam worked: Eleven charged with staging truck accidents in New Orleans
Searching for answers
Mike Boeglin was a truck driver trying to do his job. That all changed on the morning of June 26, 2014, when Mike was killed in what police believe was a robbery attempt. His widow continues to look for answers.
Clarissa Hawes talks to Ashley Boeglin: Widow of murdered trucker seeks answers six years later
This was probably not a coincidence
TFI International (NYSE:TFII) is the latest freight company to get hit by a ransomware attack. The attack, which happened last Thursday, affected four Canadian divisions of the company and impacted some systems, the company said.
Nate Tabak has details on the suspicious timing of the attack: Ransomware attack hits TFI’s Canadian courier divisions
A nice cushion to fall back on
Motiv Power Systems has received access to up to $15 million in funding from its largest shareholder through convertible notes as it looks to get back on track following COVID-19-related disruptions.
Alan Adler explains how the company plans to use the money: Startup Motiv gets $15M to scale electric truck component production
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From COVID-19 to polarizing political debates, from social justice to UFOs, 2020 has been a year like no other. Freight has been no exception as shippers adjust to rapidly changing conditions and customer demands. So, is it time to throw in the towel?
Michael Fullam explains why now is the time to keep innovating: Commentary: OK, 2020, you win
Hammer down, everyone,