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.
Phoenix sets a new high-temperature record, with persistent heatwaves.
Phoenix, Arizona, has set a new record for consecutive days with temperatures of 110 degrees or more, marking 19 days in a row and surpassing a record set in 1974. The persistent heatwave, coupled with the late arrival of the usual monsoon season, is taking a toll on residents, particularly the homeless, and straining health services. People are finding innovative ways to stay cool while the city's health care providers struggle to address an increasing number of heat-related health crises. The relentless heat is a consequence of a high-pressure system that has lingered over the region, possibly intensified by climate change.
Source: NY Times
Phoenix scorches at 110 for 19th straight day, breaking big US city records in global heat wavehttps://t.co/UZBXlIr3Dm #HeatWave
— Josh Fitzpatrick ⚡️ (@JoshFitzWx) July 19, 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.
Join over 10K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe now & be sure to check your inbox to confirm (and your spam folder just in case).
