Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
We took the opportunity to ask our Instagram followers about their best days as freight brokers. Here are some of their responses...
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Michigan man sentenced to 17 years for duping investors into a trucking venture with false promises of hefty returns.
Big Rig, Big Fraud: A $40M Misadventure in Trucking
Michigan resident Franklin Ray just landed himself a 17-year stay behind bars. Here's the lowdown:
False Promises
Ray structured his scheme by duping investors into a trucking venture with promises of hefty returns.
In the end, Ray had hundreds of investors fueling his fake truck empire.
Source: CDL Life
New hire's suspicious behavior raises red flags at freight company. Industry veteran shares similar tale, highlighting ongoing corporate espionage concerns.
We are currently getting insider information from a freight broker who is dealing with this situation.
Zigmantas allegedly created several fake identities and companies, including both motor carriers and brokers.
Alice F. Martin, owner of Martin Logistics, faces charges for evading nearly $1.2 million in taxes.
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