truck brokers

Many turn to factoring to ease cash crunches.

Landstar’s strong cash flow generation and enviable balance sheet allow it to pay large special dividends even in down market years.

John “JT” Engstrom has spent 10 years studying the freight world. Here’s what he learned:

Landstar missed the bottom-end of its guidance range as expected. The company sees weakness in truckload fundamentals continuing through the third quarter.

As more signs in the truck freight market point to decreasing demand and excess capacity, brokers are looking for better ways to increase the efficiency of their back-office operations to remain competitive and grow their business. Most brokers require at least one or two employees dedicated to cutting checks, stuffing and sending out envelopes, verifying […]