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.
Alvys, a cloud-based TMS, has secured $6.3M in a seed round led by Bonfire Ventures and featuring participation from RTP Global and angel investors. The funding will be channeled into product enhancement, team expansion, and other key areas to strengthen the company's market position.
A few months ago we interviewed former Chicago Bear, Desmond Clark, on our podcast who uses Alvys. Check out our podcast below:
We're excited to share we raised a $6.3M seed round led by @Bonfire_VC, with participation from @RTPvc Global and strategic angel investors! The full release is available from @YahooFinance : https://t.co/75XTkPjnj8 with mention in @FortuneMagazine today: https://t.co/s45m8WwwhE
— Alvys (@AlvysTeam) June 22, 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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