SFOO Summit: Navigating the trucking downturn – Adam Wingfield’s Playbook for Success

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

The trucking industry’s yearslong roller coaster ride from COVID highs to post-pandemic lows was especially impactful for smaller trucking companies. For small fleets and owner-operators, the boom then prolonged bust cycle is a central theme.

In a keynote address at the Small Fleet & Owner-Operator Summit, Adam Wingfield, founder of Innovative Logistics Group, candidly assessed the current market and...

https://www.freightwaves.com/news/sfoo-summit-navigating-the-trucking-downturn-adam-wingfields-playbook-for-success

Wanna succeed as a small carrier? Get to know your neighbor.

Know your neighbor.

The advice is common sense for anyone looking to build a business.

But in the rough-and-tumble cyclical freight world, it is essential.

As individual drivers signed on for Department of Transportation trucking authorities during the pandemic, the vision of unending top-dollar-per-mile freight rates — a fixture of social media — blinded some truckers to reality.

As freight rates plummeted in the past year, those who jumped in with both feet — and maybe purchased a used truck at...

https://www.freightwaves.com/news/wanna-succeed-as-a-small-carrier-get-to-know-your-neighbor

Small Fleet Summit: Cargo theft prevention plans key to protecting high-value loads

FreightWaves' Small Fleet and Owner-Operator Summit

This fireside chat is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC: Prepare for the worst: Preventing cargo theft and increasing your chance of a successful cargo claim

DETAILS: Small fleets must be proactive and develop a risk management plan to prevent cargo theft, including mapping out safe truck parking and fueling routes, Adam Wingfield told Johnny McCord, CEO and founder of Loadsure, at FreightWaves’ Small Fleet & Owner-Operator Summit on...

https://www.freightwaves.com/news/small-fleet-summit-cargo-theft-prevention-plans-key-to-protecting-high-value-loads