We spoke to executives from Trident, Avenger, Redwood, and Echo about the challenges and opportunities of the Memphis freight market, long dominated by asset-based carriers.
Russel Jones, CEO of Cargo Chief, demonstrates C4 platform at MarketWaves 18: automated load-matching technology that levels the playing field among freight brokerages.
Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.
Trucker Tools CEO Prasad Gollapalli discussed his company’s Smart Capacity product with users; the platform is designed to make freight brokers more efficient and profitable.
Brokers at Arrive, Trident, and Avenger told us that capacity is flowing into Southeast markets, pushing down rates in that region, while the PNW and Midwest have tightened up significantly.
On Tuesday afternoon, Arrive Logistics popped champagne as the freight brokerage officially opened its downtown Chattanooga office on Market Street. We spoke to Arrive executives about the company’s culture, growth story, and plans for Chattanooga.
Lync Logistics, a young freight brokerage based in Chattanooga, cut the ribbon on its new headquarters last Friday afternoon and shared its aggressive growth plans with FreightWaves.
Trident Transport, a four year old freight brokerage founded in Chattanooga, has announced its plans to open a second office in Tampa Bay, Florida. Russ Feldhacker, a veteran broker, will lead the new branch.
We spoke to Dave Dallas, CMO and President of Brokerage at SunteckTTS, about the addition of a brokerage centered on the West Coast.
Capacity creator, waterfall tendering, and max buys based on near-time market rates should help make brokers even more productive.
MoLo Solutions did $20M in revenue in its first twelve months of operations and is on a $70M run rate for its second year. FreightWaves interviewed CEO Andrew Silver and President Matthew Vogrich.
Trident Transport has doubled its revenue every year since it began operations in 2014, and was just named the fastest growing company in Chattanooga, a hothouse for brokerages and freight startups.
Without self-driving trucks, what is the point of Uber Freight?
Sophisticated freight brokerages can widen their margins when rates soften faster than shippers realize, but now’s a risky time to quote spot loads, because historical data suggests the market is about to tighten again.
Uber Freight is poised to rise quickly in the fragmented freight brokerage business, but there are some factors that could hinder its growth: limited market penetration of digital apps, the Uber Freight app’s weak intelligence into routes and hours of service, and incumbents’ tech investments.
The 3PL company saw its revenue climb in both its key units, with its services in demand in a tight market.
Carrier Lists combines their carrier sourcing information with SaferWatch’s assessment data to provide a unique consolidated service for freight brokers.
Freight brokers’ revenues went up but margins went down in 2017; Amtrak blames CSX for yesterday’s crash; Hazelwood won’t testify in Pilot trial; oil tanker shipping rates crater; click through for more!
A lot of facts and figures get thrown out by startups in the trucking space. Its important to understand whether these facts are credible or not.
Small carriers and owner-operators have capacity to offer, but those that need it most – larger, Fortune 1000 shippers, don’t have access to that capacity because it is not cost-effective to onboard small carriers hauling just a few loads. Sudu, though, is changing that dynamic.
