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.
21-year-old Darien College student faces 45 years in prison for orchestrating a $3.5M shipping fraud scheme.
It's a Netflix docuseries-worthy heist: 21-year-old Matthew Frederic Bergwall, a University of Miami student from Darien, CT, decided to swap textbooks for thievery in a $3.5 million shipping fraud scheme. Bergwall is facing a potential 45-year-stint in federal prison for the scheme.
How It Worked:
The Impact:
Extravagant Spending:
@jackmacbarstool A University of Miami student funded his lavish lifestyle with an alleged $4 million fraud shipping scheme.
♬ original sound - Jack Mac
Source: Patch
University of Miami student charged with orchestrating multi-million dollar mail fraud scheme https://t.co/QdYMuRJs86 I wonder what sort of degree "21-year-old Matthew Bergwall"... is studying for.
— Delbert Earl Myers (@delbert_earl) November 10, 2023
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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