A former CDL school owner in Philadelphia was sentenced to nearly five years in prison for bribing a CDL exam administrator to pass students who didn’t take the exam. Vladimir Tsymbalenko, 53, who owned Vlad’s CDL School, was sentenced to four years and nine months in federal prison and three years of supervised release by…
Max Farrell, CEO of real-time feedback platform WorkHound, joined Jeremy Reymer on this week’s episode of Taking the Hire Road to discuss the value of driver feedback, the creation of an effective feedback loop and trends in the current economic climate. Retention is a hot topic, especially in this challenging freight environment. How are companies…
By Alison Cusack The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. I wrote a tweet last year that said: “I want to start an underground fight club, but the twist is I teach you how to fight the ocean carriers with…
In his quarterly note to shareholders, Triumph Financial CEO Aaron Graft predicted that the headline on the earnings might be “TriumphPay swung to a loss this quarter” — one quarter after that growth segment at the trucking-focused bank had become EBITDA-positive. And so it was: Earnings before interest, taxes, depreciation and amortization for TriumphPay was…
Startups, real estate giants and others developing electric truck charging sites tend to pick locations before being certain they can get electricity in a timely fashion. Startup EV Realty prioritizes having the juice available when it buys a property. ‘Buying by the acre and monetizing by the megawatt’ Patrick Sullivan is like a lot of…