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.
Ohio-based trucking company owner, Gurtej Singh, also known as Gary Bhullar, was indicted on charges including conspiracy to steal from interstate shipments and making a false statement. Authorities allege that Singh, using his positions at Bhullar Transport Group LLC and Cargo Solution Express, Inc., conspired with other owner-operators to steal goods destined for Amazon and Bath & Body Works, directing drivers to a warehouse where the cargo was stolen from their trucks.
Source: CDL Life
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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