Edge Logistics fighting through the freight brokerage winter
Edge continues to win new business on the back of a regional carrier strategy.
Edge continues to win new business on the back of a regional carrier strategy.
¿Es demasiado pronto para saber cómo podría ser el próximo ciclo alcista?
Contract rates still face downward pressure, especially for live/live loads.
With spot rates soaring, Edge Logistics President Will Kerr gives his take on where the freight market is going in 2022 during a fireside chat at the FreightWaves Domestic Supply Chain Summit.
In 2020, J.B. Hunt reported more than 1.2 million loads were processed through its platform, exceeding $1.4 billion in transactions.
In today’s edition of The Daily Dash, the West Coast wildfires are creating hazardous conditions for truck drivers. Plus, trailer orders are rising once again and volatile supply chains may become the new normal.
Forty percent of Edge’s volume year-to-date has run through its digital matching platform CAPACITY.
New technology, capital, and business models have changed the competitive landscape.
Capacity is a proof of concept for smaller brokerages building out their own freight-matching platforms.
Payment visibility is a proven builder of carrier loyalty.
Truckload carriers are falling off of out-of-network freight; it ends up with brokers.
Capacity has returned to freight markets and spot rates are falling against “contract.”
Wintrust’s working capital lines of credit leave brokerages with more control than equity raises and have lower cost-of-capital than factoring.
We checked in with executives from Edge Logistics, Avenger Logistics, and Convoy to see how brokers are handling YOY volume growth.
Capacity is as loose as ever, but some freight brokerages told us they don’t trust the market to stay cool.
Since 2014, Edge Logistics has searched for new, innovative and time-saving ways to create better efficiency and transparency with its carrier network and to continue that tradition, the company has joined the Blockchain in Trucking Alliance.