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.
Over the past two and a half years, Uber Freight, the freight brokerage division of Uber Technologies (NYSE: UBER), has already proven itself capable in two key areas for young […]
Our rate predictor builds rates from actual freight market conditions, using historically reported data only as a frame of reference.
Freightquote by C.H. Robinson brings Robinson’s information advantage, capacity, and technology to small businesses.
The former chief customer officer for YRC Worldwide will work with 8VC portfolio companies full-time.
Rusnak conducted the most substantive machine learning in logistics presentation this writer has seen,
Lean Tech brought the Wolf of Wall Street to FreightWaves LIVE.
Hunt thinks that an additional 7 to 11 million loads per year could shift from the highway to intermodal.
SONAR 5.0 has new maps, alerts, rate predictions, and air and ocean data.
The future of freight brokerage is a renewed focus on people.
North America has surpassed North Asia (China) as EXPD’s highest revenue region.
ExxonMobil, Chevron, and Royal Dutch Shell reported earnings this week: we discuss the implications for freight.
Investments in two AI companies in the past five years made Transplace’s optimization more powerful.
Analysts now want CHRW to cut costs.
Bill Driegert discussed both the Canadian and Polish expansions.
Biesterfeld: “We expect that North American routing guides will continue to reset at lower prices.”
Ryder expects used truck prices to continue deteriorating in 2020.
Tech-enabled last mile is still in early innings, and there are a number of competing strategies.
RMIS fulfills 97 percent of requests for insurance certificates within a minute.
Forward Air management guided for negative EPS growth in the fourth quarter.
In a tough freight environment, the Chicago brokerage outpaced Wall Street’s expectations.
Gillihan plans to build a process-driven sales floor that can scale.
Some investors prefer hard-to-disrupt niche businesses; others want to roll up e-commerce services and replicate Amazon’s offering.
SAP now appears to be emphasizing profitability and widening cloud gross margins over organic revenue growth.
Rents keep rising, but leasing robotics has never been cheaper.
Middle-market leveraged buyouts are cooling, but institutions still taking risk on the venture and growth equity side of the industry.
Executives from Parade, CoLane, Forager, and Trucker Tools discussed the current state and future of brokerage digitization.
Now Goldman thinks that ISM data won’t turn positive until Q2 2020.
The Backhaulers, Robinson, and Coyote veteran is back to build a brokerage on his own terms.
The visibility solution takes workload off the brokers and Smart Capacity lets them cover freight faster.
Brokers will be able to offer core carriers guaranteed freight and rates at the click of a button.
Trucks are competitively priced on East Coast lanes and offer better service than the railroads.
The forward curve inches lower.
Energy markets appear to believe that capacity constraints will raise diesel prices next year.
Salesforce drew on three years of data from 4,500 e-commerce sites to generate its forecast.
In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.
Truckload carriers are falling off of out-of-network freight; it ends up with brokers.
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
Revenue growth on negative unit economics is dead as a business model.
But a lot depends on stabilizing global growth and an industrial recovery in the United States.
A Solera board member alleges that in 2017 Vista tried to force it to buy another portfolio company, Omnitracs.
In partnership with Carggo… the next few quarters will squeeze brokerage cash flows. Technology can help.
Expedited brokers said the best months of 2019 are ahead.
Hear Belfort’s story, straight from the Wolf’s mouth.
The drop trailer pool expands to Los Angeles while Bundles will be nationwide.
Meier will work with Bobby Harris on developing and executing a long-term vision for BlueGrace.
Forager wants to solve borders for shippers and transportation providers.
CHRW is facing the toughest competitive landscape in decades, but still has a scale advantage and is investing in tech appropriately.
Schneider National is leading an industry shift from hardware-centric solutions to software platforms.
The move signals the shift from a tech startup to a mature logistics operation.
Risk-averse money is still entering the FreightTech space.
Brokers’ gross margins will compress unless they get shippers on board.
SONAR provides real-time data on Dorian’s progress and forecast, along with likely and actual impacts to transportation and energy infrastructure.
Trade talks back on; human cost of Amazon last-mile delivery; Cowen Transport Conference takeaways; precious metals rally in negative yield world.
A round at this valuation puts Convoy one step closer to an IPO.
Rates and rejections into the Southeast are elevated as trailers and tractors are staged for disaster relief.
Brokers large and small report surges of water loads inbound to Florida.
The ATA says that fuel taxes are the best way to fund a federal infrastructure project.
Bob Costello still believes in the driver shortage.
McLeod built automated pricing for contract and spot and digital load matching products.
The features allows SONAR users to see how sentiment evolves over time in the freight futures market.
Spooked shippers are trying to lock in capacity ahead of the holiday push.
Digital freight brokers continue to add services in the pursuit of carrier stickiness.
PE firms pay up to eight times EBITDA for chemical haulers.
Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
FreightWise found a sweet spot in SaaS-based parcel and LTL managed transportation.
Contract rates are still sliding down against steady spot rates.
186 transportation and logistics companies made the list.
Multi-modal data and channel checks with freight brokers point to a good setup for peak season.
The seventh annual Games were the biggest yet.
Rates could break out either to the upside or downside.
In partnership with Slync… learn about how predictive exception management can keep freight flowing smoothly.
The Complete Vehicles segment grew sales by 40.7 percent and widened its EBIT margin.
The owner of BNSF and the investor behind Uber have more in common than it seems.
Starting today, shippers using MercuryGate’s transportation management system (TMS) will have access to Uber Freight’s network of carriers, guaranteed capacity and real-time market rates, MercuryGate announced this morning. “Shippers need […]
North Asia revenues were down 8.5 percent, but EXPD improved productivity.
A lot of things have to go right for DFBs to build a market large enough to justify their valuations.
Two mega-retailers partnerships signal an inflection point in the visibility market.
There are reasons to expect a healthy pop in outbound Los Angeles spot rates.
How high will rates out of Los Angeles go in October and November?
Warehousing markets have just recovered from the last round of tariffs and there is not a lot of slack.
U.S. production increased 21 percent year-over-year to 898,000 barrels/day.
It’s hard to see a structural recovery in natty gas prices.
The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.
November contracts from Los Angeles to Dallas traded at $2.103/mile as positive consumer confidence numbers were released.
eBay’s Managed Delivery will outsource warehousing, transport, and packaging services.
Companies that build a dedicated M&A program return more value to shareholders.
Negligent hiring and vicarious liability lawsuits have been around, but there are emerging risks as well.
Denser shipments and higher prices combined for a 6.9 percent improvement in revenue per LTL shipment.
Flexport’s customers have seen average landed unit costs rise by 30 percent due to tariffs.
Near-shoring staff in Colombia has become a big trend for U.S. transport and logistics companies.
ECHO faced a tough quarter with soft spot volumes and unexpected tightness in June.
SunteckTTS, a top 10 brokerage, is reportedly looking for a 10x EBITDA multiple.
Chicago to Atlanta should jump in September, LA to Dallas peaks in November, and Seattle to LA hits a high in December.
Capacity has returned to freight markets and spot rates are falling against “contract.”