Our guest today is Samir Burdzovic, Founder at Elysium Enterprise. We go behind the scenes of their newest platform designed to help trucking companies, his thoughts on AI, and much more.
When invited to the grand opening of DHL Express Finland’s brand-new €100M carbon-neutral terminal, you don’t say no.
Plus: Pink Cheetah v. TQL dismissed, a $1.4M cargo theft disrupted, brokers push for federal vetting standards, and more.
Truck prices have seen a significant drop recently, with three-year-old trucks losing an average of $10,000 in May alone. A truck worth $140,000 about a year ago is now valued at only $77,000. This has caused those who financed these trucks with no down payment at a 6% interest rate to be $33,000 in debt above the value of their trucks.
Yikes! 3 year old truck prices fall another $10,000 on average in May. A $140,000 truck 14 months ago, is now worth $77,000. Almost half its value. Meaning all those loans that were taken out with $0 down 6% interest on a $140,000 Semi are now $33,000 underwater. Time to buy? pic.twitter.com/UDXZmPPHoX
— Tanner DeHart (@TannerDeHartFW) June 27, 2023
Nebraska signed a labor deal with Kenya to recruit truck drivers, sparking industry pushback as Werner denied involvement and American Truckers criticized the agreement as exploitative.
TruckSmarter raises $16M and launches Dispatch, an AI assistant to help carriers book loads faster. We visited their SF office to see what’s driving the momentum.
PAMT breached a debt covenant in Q2 2025, highlighting mounting losses, rising debt from equipment purchases, and continued struggles to meet revenue goals as lenders grant temporary waivers.
FMCSA is launching its first fatal truck crash causation study in nearly two decades, aiming to pinpoint driver, vehicle, and environmental factors shaping deadly crashes and future safety policy.
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