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Selecting a provider you can trust 

Ray Sciuckas, president at Fastmore Logistics, joined FreightWaves to talk about how Fastmore pairs technology with people and processes to tackle challenges across a variety of modes. Sciuckas began his multidecade career in the international freight forwarder space, focusing on expedited freight. What led him to found Fastmore Logistics in 2005 was the premise that “growth of on-demand inventory created a new expedited segment, but service levels offered by carriers didn’t meet customer...

https://www.freightwaves.com/news/selecting-a-provider-you-can-trust

Covenant beats expectations, delivers upbeat forecast

Covenant Logistics Group reported Wednesday after the market close fourth-quarter earnings of $1.07 per share on total revenue of $294.2 million, a 31% increase compared to the same period in 2020.

Covenant beat analysts’ expectations for earnings per share of $1.04 and revenue of $282 million in Q4 2021. It was the second consecutive quarter the company topped estimates for earnings and revenue.

Covenant’s (NASDAQ: CVLG) total freight revenue excluding fuel surcharges increased 27%...

https://www.freightwaves.com/news/covenant-beats-expectations-delivers-upbeat-forecast

There is never a bad load, just a bad rate

There has never been more attention paid to freight transportation than what we are experiencing now. And like the Wall Street Bets crowd on Reddit, our industry loves talking about the direction of the market. While FreightWaves and other industry publications have always talked about freight rates, mainstream media is getting into the game. This is new. Except for those in the industry that live with the daily ups and downs of freight pricing, most people were not aware of the volatility of...

https://www.freightwaves.com/news/there-is-never-a-bad-load-just-a-bad-rate