CRST, back in the acquisition game, buys Larkin’s BCB Transport

CRST has acquired BCB Transport, the Texas-based truckload carrier whose chief information officer and former president — and one of the co-founders in 2011 — is Rick Larkin, well known for his online channel BCB Live and his attire that always features a safety vest.

It’s the first acquisition for CRST since it bought final-mile provider NAL Group in 2020. That acquisition capped off a run of five purchases in six years: Specialized Transportation, BESL, Pegasus Transportation, Gardner...

https://www.freightwaves.com/news/crst-back-in-the-acquisition-game-buys-larkins-bcb-transport

Thinking about getting into trucking? Now is not the time

This fireside chat recap is from FreightWaves’ Enterprise Fleet Summit on Wednesday.

FIRESIDE CHAT TOPIC: Challenges to trucking newcomers in today’s market.

DETAILS: Rick Larkin, chief information officer of BCB Transport, and Anthony Smith, chief economist at FreightWaves, talk about the challenges trucking faces in the second half of 2023.

KEY QUOTES FROM RICK LARKIN:

“That independent contractor side, boy, I don’t know if I’ve seen a tougher market for a lot of those folks in a long time. This...

https://www.freightwaves.com/news/thinking-about-getting-into-trucking-nows-not-the-time

BCB Transport gains revenue per truck through Optimal Dynamics partnership

At a time when the trucking industry faces unprecedented challenges, fleet owners find themselves grappling with a scarcity of available loads like never before. 

However, amid this shifting landscape, there is a beacon of hope for trucking companies seeking to bolster their revenue and regain their competitive edge. By embracing and implementing cutting-edge technologies, these companies can unlock a multitude of benefits that extend beyond mere survival.

This is why Mansfield, Texas-based BCB...

https://www.freightwaves.com/news/bcb-transport-gains-revenue-per-truck-through-optimal-dynamics-partnership

Enterprise Fleet recap: Better safety equipment, worse safety outcomes

This fireside chat recap is from the FreightWaves Enterprise Fleet Summit.

FIRESIDE CHAT TOPIC: Improving safety equipment, worse safety outcomes

DETAILS: The amount of new safety equipment on the roads is growing by leaps and bounds. Then why are many measures of highway safety deteriorating?

SPEAKER:  Rick Larkin, chief information officer, BCB Transport

BIO: Rick Larkin, after starting BCB Transport, has moved into a more public-facing role as chief information officer. His videos on YouTube...

https://www.freightwaves.com/news/enterprise-fleet-recap-better-safety-equipment-worse-safety-outcomes

Driver pay hikes not letting up

Fleets continue to offer more to lure drivers

Demand for truck capacity remains high but the lack of qualified drivers to meet the need is even greater. Elevated consumer spending has resulted in a peaklike freight market for more than a year now, and the reasons why driver employment has been lagging are well known.

Many of the drivers who left the industry at the pandemic’s onset over fears of contracting the virus have yet to return. Low driver school enrollments due to COVID protocols and some 85,000 operators with failed drug tests...

https://www.freightwaves.com/news/driver-pay-hikes-not-letting-up

At BCB Transport, newbies need not apply

Like many fleet owners, Rick Larkin wants and needs more drivers. With two pay raises so far in 2021, he is willing to put his money where his mouth is. But Larkin, president of truckload carrier BCB Transport LLC, is not so desperate that he will hire just anyone to fill the seats of his 300 power units.

BCB, based in Mansfield, Texas, about 30 miles from Dallas, will not hire any driver without at least 2½ years of commercial experience. No applicant can have worked at more than two driver...

https://www.freightwaves.com/news/at-bcb-transport-newbies-need-not-apply

FreightCasts Weekly Recap: (7/27-8/2)

You can find every FreightWaves podcast conveniently in one feed via the free FreightCasts channel on freightwaves.com/podcasts, iTunes, Spotify or wherever podcasts are found. 

Subscribe to FreightCasts and never miss a FreightWaves podcast.

The full list of FreightWaves media can be streamed via the FreightWavesTV app available for your smartphone, Apple TV, Roku and Fire TV. The app is free on all platforms.

Users of the FreightWavesTV app also have access to a full lineup of FreightWavesTV...

https://www.freightwaves.com/news/freightcasts-weekly-recap-7-27-8-2