Covenant Logistics CEO sees trucking market rising in 2025

Covenant Logistics Group co-founder and CEO David Parker predicts the trucking industry’s peak season will see positive growth this holiday season.

“Last week started the first week of peak that will go until about Christmas, and peak, it shot up about 105% last week, and this week peak is growing even more,” Parker said. “I think that peak is going to be a good peak, I think for the first time in about three or four years. I think after that, we will go into January and February, and the...

https://www.freightwaves.com/news/covenant-logistics-ceo-sees-trucking-market-rising-in-2025

‘Business Wars’ host David Brown talks business success stories, Warrior Ethos

David Brown, host of the podcast series “Business Wars,” said the freight industry is the unseen pillar of the U.S. economy.

“What happens in the freight logistics industry, the shipping industries, it’s the backbone of this country … but a lot of Americans just don’t realize it,” Brown said at FreightWaves’ F3: Future of Freight Festival.

Brown was the keynote speaker to kick off the annual event in Chattanooga, Tennessee, on Tuesday. He was joined on stage by FreightWaves CEO Craig Fuller...

https://www.freightwaves.com/news/business-wars-host-david-brown-talks-business-success-stories-warrior-ethos

F3 keynote: Fragmentation among biggest challenges in supply chain

With more than 3 million trucks on the road, millions of shippers and hundreds of load boards, the freight industry faces a key challenge in the form of fragmentation, says Stuart Scott, chief information officer and executive vice president for J.B. Hunt Transport Services.

“We have technology and data sitting in all kinds of silos and ERP and TMS systems that are all isolated to themselves,” Scott said on Tuesday as the keynote industry speaker for FreightWaves’ F3 Virtual Experience.

“Fragmenta...

https://www.freightwaves.com/news/f3-keynote-fragmentation-among-biggest-challenges-in-supply-chain

Evolve keynote: ‘Nothing builds culture like winning’

Toby Rice, CEO of EQT Corp, said “culture is everything” when creating a company that can thrive.

Rice co-founded Rice Energy Inc., a Pennsylvania-based natural gas producer, with his brother Derek in 2007. In 2017, Rice Energy was sold to EQT for $6.7 billion. 

In 2019, Rice became CEO at Pittsburgh-based EQT Corp, the largest natural gas producer in the United States.

“At the end of the day, what we’re trying to do is generate great results. It’s not about suits, it’s not about bureaucracy, it’s...

https://s29755.pcdn.co/news/evolve-keynote-nothing-builds-culture-like-winning

Barge industry needs truck and rail, ACBL CEO says

Inland industry consolidation has led to a shortage of leadership because of a shallower pool of talent. Ken Hocke photo

The barge industry is a major piece of the U.S. economy. According to the American Waterways Operators, the industry’s economic contributions to employment, gross domestic product, and taxes at the national and state levels is substantial. A 2017 report commissioned by AWO and put together by Pricewaterhouse Coopers shows the industry supports over 301,500 jobs nationwide, with a total gross domestic product of $33.8 billion and moves more than 760 million tons of cargo annually.

Barging...

https://www.workboat.com/news/coastal-inland-waterways/barge-industry-needs-truck-rail-acbl-ceo-says/