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.
Plus, a new scam is tricking brokers. Scammers are pretending to be both shippers and carriers.
Good Friday morning. Today's newsletter highlights our feature story on Q4 2023 logistics earnings reports, capturing the financial performances of key players across the industry. Also, catch insights on the new freight scam targeting brokers, Gord Magill's feature on Tucker Carlson's show, and the finalized Forward Air-Omni merger details.
🤔 Question of the Day: Both Delta Airlines and American Airlines Cargo divisions reported __% declines in year-over-year revenue for Q4 of 2023. Scroll to the main story to find out.
In today's email:
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.
Plus, a wild freight broker spying story, a Chicago-area trucking company filing for Chapter 7 bankruptcy, and more.
UPS maintains ambitious 2026 targets, but investors remain skeptical as it misses its Q2 expectations, sending the stock tumbling 13%.
Plus, Alvys TMS raises $20.5 million, cyberattacks in the transportation sector triple, and a major IT outage disrupts global supply chains.
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