RealTruck, Inc.’s Post

Apple Rush Company, Inc.'s subsidiary Stotland Trucking, LLC has acquired a new 48,000 square foot headquarters in Austin, Texas. This move supports Stotland's expansion plans to provide line service and last mile deliveries throughout Texas and the Midwest regions. 'Derik has gone out and moved into a 48,000 square foot facility in Austin, Texas. This facility gives Stotland the space to grow and expand as a regional carrier,' said Tony Torgerud, CEO of Apple Rush Company, Inc. 'With our guidance we plan to continue growing at an accelerated rate to build a premier regional carrier.' Derik Stotland, president of Stotland Trucking, commented, 'This new headquarters gives us the needed space to grow and execute on our business plan. With access to additional capital over the next couple of years, we will expand as fast as we need to in order to build out an organization capable of last mile deliveries in throughout the Southwest and Midwest regions.' #logistics #trucking #expansion @applerushinc @stotlandtrucking

We curious minds at Finloc - Online Trailer Financing, vHub, and FinPark want to see who's hauling the most love this season💝 let's see if the love statistics match! #valentinesgifts #ValentinesDay #truckingindustry #trucking #freightbroker #supplychain #truckers #truckerslife #truckdriver #carriers #dispatch #brokerage #fleetmanagement #logisticsmanagement #freightliner #transportation #logistics

We curious minds at Finloc - Online Trailer Financing, vHub, and FinPark want to see who's hauling the most love this season💝 let's see if the love statistics match! #valentinesgifts #ValentinesDay #truckingindustry #trucking #freightbroker #supplychain #truckers #truckerslife #truckdriver #carriers #dispatch #brokerage #fleetmanagement #logisticsmanagement #freightliner #transportation #logistics

In today's rapidly changing transportation landscape, it's exciting to see new partnerships emerging. 🚚🔗 Recently, five auto haulers joined forces to create a publicly traded trucking company. This move not only signals a shift in how these companies operate but also showcases the potential for collaboration in the transport sector. Reflecting on my own experiences, I've witnessed the impact of leveraging strengths within partnerships. When businesses combine resources and ideas, they often unlock new opportunities that wouldn't be possible in isolation. The key takeaway here? Collaboration is a powerful tool for growth and innovation. Whether you're part of a well-established company or a rising entrepreneur, consider how joining forces could elevate your endeavors. 🤝💡 What do you think about partnerships in the trucking industry? Share your thoughts! ⬇️ #Trucking #Transportation #Collaboration #Innovation #BusinessGrowth https://lnkd.in/eHEiq_qN

When looking to start FreightVana well over three years ago, I wasn't talking to VC's or PE's for advice, but rather the decision makers of some of the largest Shippers in the country. What you see today in our tech products, our operating model, and certainly our national asset trailer investments is an amalgamation of those evolved ideals and principles that these particular leaders of transportation were seeking in their future partnerships. In fairness markets drive strategies and these ideas and sentiments were certainly forged in the back end of a post-pandemic freight cycle that left many folks in these roles looking to truly redefine what #Partnerships and #Trust could look like. No one here knows when the market will indeed inflect again but what we do know here at FV is that we'll certainly be someone prepared to deliver on those ideals without question as it does. We're admittedly not a great fit for many procurement teams and transportation departments, and that's ok because we didn't build this company to be just another 3PL provider, we built FreightVana to change the status quo for the select groups of Shippers and Carriers who see a more strategic, trusted, and invested supply chain in the quarters and years ahead. (*Disclaimer - we don't mind having a little fun and enjoyment along the way. Just follow our social feeds if you have any questions on that front!) Have a great week everyone and if at your next Transportation team conference you do decide to catapult from underneath the stage as an ice breaker, please invite me as I'd love to be there to watch it live!

The recent move by five auto haulers to combine forces and create a publicly traded trucking company is a perfect example of collaboration in action. While competition is often the focus in business, this initiative highlights how joining resources can elevate everyone involved. I've seen similar dynamics in my own work environment, where partnerships can open new doors that competitors alone might struggle to. This strategic alliance not only aims to streamline operations but also seeks to tackle challenges like driver shortages and efficiency improvements. The takeaway here is clear: sometimes, coming together is the best way to progress. It encourages companies to think about how teaming up could be beneficial in navigating the ongoing shifts in the logistics landscape. What are your thoughts on collaboration versus competition in the trucking industry? Let's discuss! https://lnkd.in/eHEiq_qN

Take a look at TOP-3 Truckload Markets for 2023. 🚚 🔹 Dry Van: 1️⃣ Los Angeles, CA; 2️⃣ Ontario, CA; 3️⃣ Chicago, IL. 🔹 Reefer: 1️⃣ Fresno, CA; 2️⃣ Ontario, CA; 3️⃣ Chicago, IL. 🔹 Flatbed: 1️⃣ Houston, TX; 2️⃣ Dallas, TX; 3️⃣ Birmingham, AL. Reviewing 2023 and looking ahead to #2024. Here's to a Year of Prosperous Truckload Ventures! #TransportationTrends #TruckloadMarkets #IndustryInsights

Scammers are now posing as both shippers and carriers, tricking brokers into paying for nonexistent services. This sophisticated scam involves fake paperwork and can lead to significant financial losses. Tip from expert Cassandra Gaines: Always verify shippers and carriers thoroughly. Remember, real shippers rarely initiate contact by calling in. Stay alert and protect your business from fraudulent practices like these by subscribing to Freight Caviar's newsletter. #ArmstrongTransport #ATG #ProudSponsor #FreightCaviar #Freight #FreightFraud #FreightBrokerage #FreightAgent #Logistics #LogisticsIndustry #LogisticsServices #Cargo

🚚 Fascinating read about the consolidation in the auto hauling sector! A Florida-based auto hauler, Proficient Auto Transport, is leading the charge to create a publicly traded trucking company. Here are some intriguing insights from the article: - Proficient Auto Logistics set to acquire five auto haulers in an upcoming IPO. - Emphasis on maintaining local expertise within the acquired companies. - Plans to acquire the founding companies for approximately $180.4 million. - Focus on growth through acquisitions in the fragmented auto hauling industry. - Discussion on the advantages of nonunion status in the market. What are your thoughts on this consolidation and the strategies being employed in the auto transportation industry? Share your opinions and join the conversation! 🤔🚛 #AutoHauling #TruckingIndustry #Consolidation https://lnkd.in/eHEiq_qN

Big news in the trucking world – RXO, Inc. is set to buy Coyote Logistics from UPS for a whopping $1.025 billion in cash. This deal is going to make RXO the third-largest provider of brokered transportation in North America. That’s huge! Now, why is this a big deal? Well, for starters, it’s going to give RXO a serious boost in the market. They’ll be able to expand their customer base and carrier network significantly. And get this – they’re expecting to save at least $25 million a year just by streamlining things. Plus, they’ll continue to handle UPS’s brokered transportation needs until 2030. Coyote brought in about $3.2 billion in revenue last year, with $470 million in gross margin and $86 million of adjusted EBITDA. Not too shabby, right? Overall, this acquisition will lead to more consolidation in the industry, giving RXO a major edge. They’re looking to diversify, with Coyote’s strengths in food and beverage and transportation, while RXO focuses more on retail and industrial/manufacturing. But what does this mean for truckers? Well, it’s a mixed bag. Ther may be an opportunity for a larger pool of paying clients due to the consolidations of the different industries they have been serving. But, no one enjoys or look forward to change of any kind, not even good change. So, what are your thoughts on this? Are you feeling optimistic about the new opportunities, or are you more on the skeptical side? Let’s chat about it. Change is always a bit of a rollercoaster, but it can also open up new doors. Stay safe out there on the roads! #TruckingIndustry #Logistics #CoyoteRXO #FreightNews #TruckersLife