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.
Werner reports hopeful trends despite Q1 challenges, with expectations for seasonal recovery and cost-saving measures.
Werner Enterprises (NASDAQ: WERN) believes the freight recession's end is near. Despite Q1 challenges like inclement weather and insurance costs, it expects seasonal recovery.
However, truckers express skepticism about market recovery, with some saying the reality doesn't match the data.
I see some saying the freight recession is coming to an end but it looks the opposite to me. The last 4 weeks have been the worst for my trucks over the past 5 years. Volumes for refrigerated (contract) freight have been a dumpster fire in my experience.
— JoBangles (@theericredbeard) May 1, 2024
What the “data” says…
Source: FreightWaves | Werner Enterprises
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Triumph Financial's Q2 report brings optimism. CEO Aaron Graft reveals crucial trends in trucking and logistics. Is a market turnaround on the horizon?
RXO joins C.H. Robinson and Forward Air as the latest to face debt downgrading.
XPO's net income up 294%, Saia's revenue climbs 14.3% YoY, and Trimble sees 33% transportation revenue growth.
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