Logistics company founder shares how owner-operators can find success

FIRESIDE CHAT TOPIC: How owner-operators can position themselves for success DETAILS: Brielle Jaekel of FreightWaves and Adam Wingfield, founder of Innovative Logistics Group, discuss strategies for maximizing profitability. The North Carolina-based company serves small carriers. KEY QUOTES FROM WINGFIELD: “You have to know what profitability looks like to your independent business. Every business in the trucking…

Michael Kornhauser talks need for commercial vehicle navigation

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday. FIRESIDE CHAT TOPIC: The Need for Commercial Vehicle Navigation DETAILS: Michael Kornhauser, sector vice president of transportation at Colorado-based technology company Trimble, advocates for commercial navigation as an essential tool to keep drivers safe, legal and efficient on the job. KEY…

Old Dominion’s Q1 earnings meet estimate, but LTL stocks fall anyway

Old Dominion Freight Line said it is seeing promising signs around demand but that it isn’t yet ready to call a cycle upturn. However, its operating ratio guidance for the second quarter was weaker than the historical trend, which may be the reason shares of less-than-truckload carriers sold off on Wednesday. Old Dominion (NASDAQ: ODFL)…

Freight market stabilization helping buoy M&A activity

This fireside chat recap is from FreightWaves’ Small Fleet and Owner-Operator Summit. FIRESIDE CHAT TOPIC: An update on the transportation and logistics M&A landscape. DETAILS: The transportation M&A market appears to have stabilized, said Spencer Tenney, president and CEO of M&A advisory firm the Tenney Group, at FreightWaves’ Small Fleet and Owner-Operator Summit. KEY QUOTES…