#sfoo

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

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 FROM TENNEY:

On what prompted the slowdown in transportation M&A: “The freight market and then this accelerated sequencing...

https://www.freightwaves.com/news/freight-market-stabilization-helping-buoy-ma-activity

Small Fleet recap: The do’s and don’ts of partnering with brokerages

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

FIRESIDE CHAT TOPIC: Brokerage and 3PL partnerships for owner-operators and small carriers.

DETAILS: Running your own truck or small fleet is all about risk versus reward. A key decision is how to evaluate partners to put the business on a path toward long-term profitability.

SPEAKERS: Drew Herpich, chief commercial officer of Transportation Insight and Nolan Transportation, and Kevin Hill, head of...

https://www.freightwaves.com/news/small-fleet-recap-the-dos-and-donts-of-partnering-with-brokerages

Small Fleet recap: ArcBest’s Freeze says strong relationships key

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

FIRESIDE CHAT TOPIC: Small fleet, big dreams

DETAILS: Spot market challenges have plagued carriers in recent months, affecting small fleets the most. Terry Freeze shares the best tips for small fleet owners on how to succeed in this challenging market.

SPEAKER: Freeze is the director of dedicated services at ArcBest.

BIO: Freeze has been the director of dedicated services at ArcBest since...

https://www.freightwaves.com/news/small-fleet-recap-arcbests-freeze-says-strong-relationships-key