Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
From West Coast wins to Gulf Coast fog delays, the country’s top gateways are telling very different stories.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
Landstar, the infamous company we freight brokers and dispatchers like to make fun of, is laughing right back at us. Their stock price reached a 52-week high yesterday at $188.78. While almost the entire stock market is in the gutter (besides tech companies that mention AI in their shareholder calls), Landstar is booming. Why is that? For one, investors like their agency model, because it makes money. This comes in stark contrast to CH Robinson, a close peer, which has seen its stock decline by 12% in the same period.
52-week high alert: $LSTR. It hit $188.78 today. It's up 26.42% in the last 52 weeks. It's tough to find a peer for it, since it's a unique model. But $CHRW is probably closest. Robinson is down 12% in the last 52 weeks. #trucking pic.twitter.com/0EHQTXq7GS
— John Kingston (@JohnHKingston) June 8, 2023
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
CtrlChain carriers cut admin time by 95%, process paperwork 80% faster, and get paid 4x quicker. See what’s new in 2024—and what’s coming next in 2025!
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