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.
Specialized trucking in AA&E for the U.S. Department of Defense offers high rewards but has strict standards.
Hauling arms, ammunition, and explosives (AA&E) for the U.S. Department of Defense offers substantial financial rewards but comes with strict requirements, including rigorous background checks, continuous tracking, and specific equipment standards. Only a handful of trucking companies meet the criteria, with most drivers partnering with approved AA&E fleets and going through extensive credentialing processes. Despite the challenges, drivers, such as Josh and Krystal Jesse, have found their pay nearly doubled in the AA&E sector.
Read more at Overdrive.
There are exceptions in the niches. If you focus more on the path less traveled and acquire what you need, you create your own market. We know folks that gross over $300,000 each year in AA&E. https://t.co/HgpJRxk6Y3
— Adam L. Wingfield 🚛👨🏾💻 (@adamlwingfield) August 8, 2023
A truck carrying flammable chemicals crashed and exploded on Route 3 in Clifton, NJ, killing the driver and forcing evacuations.
Q2 sees slower rate of trucking business exits, but market remains challenging. Here are the latest industry data and expert insights.
Driver wages remain the largest expense. Safety bonuses ($1,831 average) surpassed starting bonuses for the first time.
We are currently getting insider information from a freight broker who is dealing with this situation.
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