Velliv

9-0. Three weeks ago I called Montgomery v. Caribe a catalyst. Today the Supreme Court made it a scramble. Justice Barrett, writing for a unanimous bench, held that the F4A's "safety exception" includes freight brokers. Negligent hiring claims against 3PLs now proceed in state court. C.H. Robinson goes back to the Seventh Circuit as a defendant. Every broker in the country just woke up to a different operating environment than the one they went to bed in. What I had right in my April post: the legal standard moves from procedural ("did you check the boxes") to substantive ("should you have known"). The mortality curve isn't a cliff, it's a tide. The brokers who survive will be the ones who can prove what they knew, when they knew it, and why they made the call. What I had wrong: I expected a narrow ruling. 6-3 maybe. Justices Kavanaugh and Alito openly say in their concurrence that the case was closer than the majority suggests and they concurred anyway. No legal cavalry is coming. Three things follow from today: → Insurance markets reprice. The brokers who can document carrier selection with normalized, continuous, third-party-verified data will get rates the brokers who can't won't. → Shippers push risk down. Indemnification language gets sharper. The brokers who can prove their process win the freight. → Fraud surface contracts. Identity verification stops being a nice-to-have and becomes the legal foundation of every defensible carrier selection in the country. We built Catena Clearing for exactly this moment. 900,000+ vehicles. 200+ telematics integrations. Canonical identity for every vehicle, driver, and fleet across providers. "Catena ID". The infrastructure layer brokerage needs in a "should you have known" world existed before today. The market's roadmap just converged with ours. The timeline compressed. Hard. Full breakdown of what changes and what to watch in the next 90 days → https://lnkd.in/eArCKQsk #Freight #Logistics #Brokerage #SCOTUS #SupplyChain #Trucking https://lnkd.in/eArCKQsk

TORM ’s first quarter results show strong momentum at the start of 2026. TCE reached USD 286m and EBITDA reached USD 201m, with a net profit of USD 122m. We also declared a dividend of USD 0.70 per share. Since quarter end, the market has strengthened further. This has supported record booking levels and an upward revision of full year TCE guidance to USD 1,150 - 1,450 m. Thank you to colleagues across the organization for the disciplined execution that makes this performance possible. I look forward to discussing our results and outlook in more detail during the upcoming investor call: https://lnkd.in/e8ubsx2c #OneTORM #Shipping #Finance #Q1Results

The Evercore T&L Summit next week brings together the people who decide where freight capital goes. Five years ago, the conversation at rooms like this was about automation. Now that has shifted to AI. I suspect next week it will be about who feeds AI with data and moreover who owns it, who normalizes it, and who can underwrite on top of it. Aly Hancock and I will be there representing Catena Clearing . If you're in Coral Gables, find us. #FreightTech #Data #AI

Aly Hancock and I are headed to Atlanta for a couple of days. Every time we come here, the same thing is clear: freight is not a tech industry that happens to move trucks. It's a trucking industry that is becoming a tech industry. The teams we're seeing this week: carriers, brokers, insurers, TMS platforms are no longer asking whether their data layer matters. They're asking who owns it. That's the conversation we're here to have. If you're in town and want to be part of it, DM me. Coffee, lunch, whiteboard .... Let us know! Catena Clearing #APIs #FleetData #ProblemSolving

My brother is a born leader and a great friend. I am so proud of him! Let’s gooo! 🚀

LinkedIn is recommending I leave Catena Clearing to co-found a different startup for no salary. Either the algorithm needs tuning or I need more self-awareness.

The UI was never the product. Salesforce just admitted it. Their co-founder recently asked: "Why should you ever log into Salesforce again?" Headless 360 is a concession, not a launch. And it exposes the real question for the rest of the economy: agents need normalized, connected data to work. Salesforce has it. #Logistics and most of the real world doesn't. I wrote about what that means, why agents fail plausibly instead of loudly, and why the #data layer has to exist before the #agent layer: https://lnkd.in/eEjZRWaJ

We are thrilled to have Erin Tepper joining us at Catena Clearing as my Chief of Staff! Erin is an absolute powerhouse and will serve as our internal operating system, helping drive everything from revenue operations to hiring and execution across the company. She brings a rare mix of strategic thinking and get-it-done energy, and we’re incredibly lucky to have her on the team. From the first conversation, it was clear Erin operates at a different level, thoughtful, intense, and relentlessly focused on impact. Exactly the kind of leader you want in the room when things matter most. Having been a Founder she also has just enough crazy to question things and seek improvements. The Catena journey is just getting started, and with Erin onboard, we’re moving even faster. Let’s go 🚀