974. #TFCMS - What Does It REALLY Cost To Run A Truck?!

Dive into this episode as we've invited Adam Wingfield back to the show to discuss truck operating costs, profit margins, business management, unionization, free market principles, EPA regulations, and market choices. Learn the significance of personalized cost analysis, strategic planning, and seeking professional advice for business decisions!   Resources / Reference https://www.freightwaves.com/news/werner-battling-unions-on-2-fronts-1-fight-may-have-broader-significance  https://www.ttnews.com/articles/republicans-target-epa-rule    About Adam Wingfield Adam is the Founder and Managing Director of Innovative Logistics Group. The Charlotte, NC based company is a Trucking Consulting and Carrier Services firm that focuses on providing resources and success guidance to small carriers. Adam a South Carolina native and 21 year industry vet, started in the industry in 2000 as a OTR company driver and quickly progressed to fleet ownership purchasing his first semi truck at 23 years old. Adam began his collegiate study at Johnson C. Smith University where he begun his studies to go on to complete his degree, Magna Cum Laude in Business Management/Supply Chain from Strayer University.  As a trucking visionary, he managed to amass a portfolio of trucks under management as well as progressing into executive mentorship all before the age of 30. Driven by his passion for success, Innovative Logistics has helped thousands of carriers small and large with countless resources and mentorship.   Connect with Adam Website: https://www.thetruckingconsultants.com/  LinkedIn: https://www.linkedin.com/in/adam-wingfield-012b523a/   📊📉 Don't miss out on the latest market trends by subscribing to your TOP Transportation Morning Show! 🌎   🎬🎯 #TheFreightCoach Morning Show is LIVE every weekday at 10:30 AM CST to break down transportation industry headlines! Mark your calendars!   🤝 Shoutout to my sponsors!👇 https://info.denim.com/chrisjolly     https://spi3pl.com/   https://www.greenscreens.ai/thefreightcoach   https://tai-software.com/    🚚 Ditch your carrier packet, drive more carrier sales, and get better load coverage with seamless digital onboarding, TMS integration, and smart load coverage by visiting https://brokercarrier.com/.   🚀🔥 To sign up for my Newsletter, go to http://eepurl.com/iNoHco, get in touch with me through the social media channels below, and subscribe to my YouTube Channel!👇 ▶️ https://www.youtube.com/channel/UCjrL70IEnCfDkNaiYMar3jw  📷 https://www.instagram.com/thefreightcoach/  🕊️ https://twitter.com/thefr8coach  💼 https://www.linkedin.com/in/chris-jolly-a183aa6a/