Preheat the oven to 350°F (175°C) and line a baking sheet with aluminum foil for easy cleanup.

Fill a shallow baking dish with water and place it on the bottom shelf of the oven.

In a skillet, heat vegetable oil over medium heat and sauté chopped red onions until softened, about 5 minutes. Add minced garlic and cook for 1 minute until fragrant, then cool slightly.

In a large mixing bowl, combine fresh bread crumbs, lightly beaten eggs, Worcestershire sauce, and beef broth. Let sit for about 5 minutes.

Gently add ground beef and cooled onion-garlic mixture to the bread mixture. Combine without overmixing.

Shape the meatloaf mixture into a loaf and transfer it to the prepared baking sheet.

Pour half of the brown sugar ketchup glaze over the top and spread evenly.

Bake for 45-60 minutes or until the internal temperature reaches 165°F (74°C).

Drizzle the remaining glaze over the meatloaf and let it rest for 10-15 minutes before slicing.