Freight brokerage Echo Global Logistics rode truckload volatility to record quarterly revenues.
“It’s been really easy to get the band back together,” says CEO Jason Provonsha.
New technology and carrier-friendly operations have kept The Home Depot’s freight moving during the pandemic.
Net income rebounded 49.1% year-over-year from one of the 3PL’s worst quarters.
Cross-border logistics platform looks to scale sustainably as it prepares to raise more capital.
Traditional RFP processes consume time and money and still don’t yield permanent arrangements.
Suit alleges that FourKites’s fake email accounts called project44 “the next Theranos.”
Capstone Headwaters releases December update on logistics technology deals.
DASH wants to land the package, not the plane.
MoLo beta-tested MasterMind for a year.
LoadSmart and Uber Freight attract venture-style capital from traditional investors.
The French auto parts supplier wanted a simpler routing guide and superior visibility at a low cost.
Knight-Swift, Arrive Logistics, and Uber Freight have three different approaches to drop-freight solutions.
Solutions for facility operations, predictive ETA and sustainability require an additional layer of advanced technology and clean data derived from digital freight networks.
Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.
New tech, marketing and sales solutions augment Lean’s original back-office staffing service.
Large parcel carriers’ technology and transportation networks are buckling.
A specialized freight brokerage is backstopped by 425 reefer tractors.
Lean wants to add more clients outside of transportation and logistics.
The fleet management solution is Transfix’s first foray into a pure software product.
‘Game on’ for Uber Freight.
The move was announced in a companywide town hall.
sennder is now unquestionably the leading digital freight brokerage in Europe.
Forty percent of Edge’s volume year-to-date has run through its digital matching platform CAPACITY.
MoLo reveals how its “service-always” operating philosophy is affecting financial performance.
Transplace’s third acquisition of 2020 will help manufacturing companies manage inventory and orchestrate supplier networks.
Mohawk Group applies big data analysis not only to product design but also to sales and marketing, which allows it to run at very lean inventory levels.
Owens Corning shares an emerging view of corporate responsibility that seeks to look after not just what’s happening inside the four walls of the business, but in the wider world.
8VC founding partner Jake Medwell has become the most active freight tech investor in the past five years. He told FreightWaves how the space is changing.
Trident is converting spot opportunities to contracted business in the pandemic.
Legacy companies in the industrial supply chain with decentralized distribution models are deploying advanced technology to make their operations more efficient.
We talked to supply chain-focused investors about leveraging domain expertise to gain an edge.
Forager’s SCOUT platform helps shippers manage the volatility of cross-border freight imbalances.
Variant’s automated planning and dispatching have already pushed revenue higher and costs lower.
NAST margins narrowed, but volumes held up relatively well.
RLS says customers want a flexible, responsive alternative to PE-backed roll-ups.
Silver is starting by helping Schneider broker out its fleet of 38,000 orange boxes.
Last-mile delivery demand is growing fast in Latin America, but the venture capital market is still in early stages.
The company’s vision is to build a supply chain with a footprint as light and efficient as its detergent pods.
Integrations lower the barrier to entry to Transplace technology.
Machine learning is now ‘pervasive’ in Convoy’s operations.
Filling Anheuser-Busch’s backhauls poses a challenge and a massive opportunity for efficiency gains and reduced environmental impact.
Aerospace industry supplier wants to turn supply chain into a competitive advantage.
The platform moves toward customization based on job function.
Investor Warburg Pincus said it supports a full investigation.
Transplace expands its mode optionality and network optimization to parcel.
The deal gives DAT new access to shipper transactions for contracted freight.
High sea surface temperatures and a lack of wind shear will encourage storm formation.
Driegert said that shipper expectations for technology and speed of execution have irrevocably shifted.
Growth at Uber Freight took a pause in Q1 while the digital brokerage trimmed losses.
Large corporations are more committed than ever to ambitious sustainability initiatives that they believe can simultaneously help the brand, company profitability, the environment, and the communities in which they operate.
Waiākea Hawaiian Volcanic Water was created in 2012 not only to be an ethically sourced premium water brand, but according to its founder, to change the consumer packaged goods industry from the inside out.
Albrecht brings deep industry relationships and an expertise in transportation finance to the insurance company.
Convoy built data-driven tools to be more fluid and responsive.
API integrations with shippers and carrier density were key.
Flexport CTO James Chen articulates his vision of the future of global trade technology.
Fewer brokers and more engineers make operating costs less flexible, and we question the “take market share” mantra.
NAST margins were squeezed to 13.19%.
Margins widened again in April, but revenue per day is down 12%.
A more efficient supply chain operation allows Encore Glass to prioritize what matters: carrier and customer relationships.
CHEP’s Zero Waste World platform lets customers reduce empty miles together
Loan quality deteriorated slightly, but TriumphPay is growing fast.
With so many players involved in the supply chain, collaboration is critical to achieving sustainability goals.
This article explores steps that shippers can take to manage current supply chain disruption.
CEO Matt Pyatt said some industries served by Arrive are shipping less freight.
This infographic explores how CHEP works to meet consumer demand in a sustainable way
Contracted volumes, tender rejections, and spot rates all fell.
Forager is filling engineering and product positions in Chicago.
In partnership with Arrive Logistics… 3PLs are collaborating with their customers on business continuity plans.
Rates inbound to Seattle, California, and New York are climbing rapidly.
Shen was previously chief operating officer and president.
It won’t be the last opportunistic e-commerce acquisition we see.
Freight brokers expect spot rates to ramp this week, but the long-term outlook is uncertain.
In partnership with Arrive Logistics… shippers should communicate with their partners and stay focused on long-term strategy.
Three months after its formation, Anthym Logistics sells to BlueGrace.
Will capacity tighten and raise rates, or will volumes evaporate and crash them again?
Ocean, intermodal and trucking data are flashing red. Don’t worry — DAT just made a bullish call on spot rates.
KeepTruckin is shutting down OPL after less than a year in order to create a neutral freight marketplace.
We examine two historical freight market troughs, 2011 and 2013, to understand current dynamics.
EXPD earnings fell 23% year-over-year; management cited the business cycle and warned about Q1 coronavirus impacts.
Record fourth quarter revenues were spoiled by $118 million in extra depreciation costs.
The layoffs close a chapter of freight brokerage in Chattanooga.
Companies exposed to transportation, including 3PLs and freight tech startups, are adjusting to market realities.
Echo protected its margins and issued positive guidance for Q1 and 2020.
The majority of executives expect growth exceeding 10% and are actively pursuing deals.
New technology, capital, and business models have changed the competitive landscape.
Robinson aggressively cut prices to hold truckload volumes steady and grow LTL volumes.
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Capacity is a proof of concept for smaller brokerages building out their own freight-matching platforms.
Christenson will focus on scaling UF Europe “at speed and responsibly.”
Asset quality mostly improved but net interest margin compressed by 62 bps.
The Nolan Transportation Group and Transportation Insight roll-up continues apace.
The companies share a vision of network optimization through continuous moves.
NFI continues its consolidation of the drayage market, this time with a Southeast-concentrated trucking carrier and a large trailer pool.
Markets from Los Angeles and Ontario to Yuma, Salt Lake City, and Minnesota have suddenly tightened as routing becomes directionally constrained.
Warehousing employment grew at an 8% CAGR from 2011-8, but slowed to 2.7% this year.
The official announcement followed a chaotic weekend of credit, customer, and driver issues,
The billion-dollar truckload carrier’s failure is one of the largest in industry history.
Will markets remain tight into the first quarter or soften right after Thanksgiving?
KNX is hiring brokers and full-stack developers for the new office.