TQL isn’t satisfied with its victory in a federal appeals court; it wants the Supreme Court to take up the question of broker liability.
Echo Global has been removed as a defendant in a fatal crash case, another victory for brokers seeking to avoid liability.
A decision by the U.S. Supreme Court not to review a case involving broker liability leaves that question unresolved among the circuit courts.
GlobalTranz prefers the Supreme Court not review its appellate court victory in a case involving a fatal accident.
A request for the Supreme Court to review a lower-court ruling could bring clarity to conflicting decisions across multiple courts about broker liability.
A broker that hired a carrier whose truck struck a teenager is not liable, according to an Illinois appellate court.
Two completely different approaches taken by two different circuit courts over broker liability could result in another trip to the Supreme Court on the issue.
Transflo, a supply chain platform with multiple capabilities, is bringing in two veteran executives to steer the company forward, with its current CEO moving up into the chairman’s position.
As ransomware attacks battered transportation and logistics companies in 2021, here are six things we learned about cybersecurity and freight.
It has been a wild ride for GlobalTranz, with ownership shifting multiple times in just a few years.
The transaction, arranged by CVC Capital Partners, is set to close in the third quarter.
When COVID-19 shut down gyms across the country, equipment maker Aviron needed to pivot to the home fitness market. It needed a logistics partner that could handle the difficult last mile. It found one in GlobalTranz.
The cyberattack on Colonial Pipeline showed the devastation that ransomware can bring. GlobalTranz Chief Technology Officer Russ Felker explains what transportation and logistics companies can do to protect themselves, and why good cybersecurity starts at the basics.
The freight brokerage entrepreneur says Roadrunner can right the ship by keeping things simple.
The rate of technological advancement makes it nearly impossible to rely on in-house developers for every new feature. How do you choose the right third-party partner?
Roadrunner announced it has raised $50 million in equity through a private placement led by GlobalTranz and Emerge founder Andrew Leto. The company continues to advance its focus on the less-than-truckload market following a major restructuring.
Earlier debt concerns raised by ratings agencies should be eased by the 3PL paying back all the revolving funds pulled down at the start of the pandemic.
A well-developed team that executes consistently and works well together creates leverage in a business like nothing else can.
In today’s edition of The Daily Dash, C.R. England sues a law firm involved in a staged-accident scheme. Plus, XPO thinks 2021 is only going to get better, and Forward Air makes an acquisition and a divestiture.
Two GlobalTranz employees whose job classification changed have filed suit for overtime, but the suit seeks much larger class certification.
Dachser promotes Burkhard Eling to CEO; GlobalTranz hires Bryan Foe as SVP; the Containerization & Intermodal Institute appoints Randy Bayles to its board; and Illinois Railroad Association taps Michelle Kelm as executive director.
David Henry, regional manager for Mexico at GlobalTranz, makes his predictions for cross-border trade.
Dooner and The Dude bring on Shannon Curier to talk Christmas philanthropy, Bob Farrell CEO of Global Tranz, and CEO of Transfix to discuss why data is king.
As Americans adopted pets in record numbers this year, supply chains faced unprecedented challenges to source new capacity.
FreightWaves market expert and analyst Zach Strickland talked with Karen Tyndall, GlobalTranz director of customer solutions, during FreightWaves’ Last Mile Logistics Summit on Thursday.
Cargomatic set off a prodigious chain of events after its launch in Los Angeles.
In today’s edition of The Daily Dash, GlobalTranz shook up its leadership structure on Friday, Amazon is planning a new distribution strategy, and the U.S. Air Force could transport tractor-trailers on aircraft as part of any COVID-19 vaccine distribution plan.
The move was announced in a companywide town hall.
GlobalTranz is now offering a Final Mile solution for shippers looking to manage delivery of product to end customers.
Aerospace industry supplier wants to turn supply chain into a competitive advantage.
As the COVID-19 pandemic continues to hit the United States-Mexico auto supply chain hard, truck capacity has fluctuated at the border.
The “Master Guide for Calculating Freight Class” will help you manage your freight costs, budget and boost your bottom line.
This webinar—presented by FreightWaves in partnership with Trucker Tools—will provide useful lessons learned and insights for brokers through a discussion of how GlobalTranz has developed and refined its technology strategy and the role that Trucker Tools plays in that strategy.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: U.S. supply chains’ future could be tied to Mexico and USMCA; Forager celebrates Laredo’s history as an international port; CBP aims to keep Mother’s Day flowers pest-free; Dachser Mexico offers new customs house brokerage services.
How to think and grow rich using the right mindset with Andrew Leto, founder of Emerge
Andrew Leto discusses his industry beginnings and the success of his company’s digital freight marketplace.
Charley Dehoney writes about digital brokerages and what they really are and do…
New technology, capital, and business models have changed the competitive landscape.
On today’s episode we’re talking about the impact that the “box that changed the world,” aka the shipping container, made on global trade and our everyday lives. Adam Robinson dials […]
GlobalTranz, already among the largest brokerages in the nation, grew a bit more with the acquisition of 3PL Cerasis.
Founded by brothers Michael and Andrew Leto, Emerge uses its FreightTech 25 award-winning technology to break down traditional barriers to how shippers find reliable truck capacity at competitive rates.
Charley Dehoney provides detailed information on freight visibility platforms and how they are changing the logistics/supply chain space.
Charley Dehoney writes about the founding of GlobalTranz and the companies that were begun by “alumni” of the “GlobalTranz Mafia.”
The digitization of the supply chain is no longer a future vision but rather an ongoing transformative event, and those that put off the adoption of digital tools are likely to fall behind their competitors.
Will markets remain tight into the first quarter or soften right after Thanksgiving?
One way to control supply chain costs is to regularly audit your logistics operations, but doing so, and doing so correctly, are two different things.
GlobalTranz has added to its portfolio with the acquisition of Chicago-based Global Freight Solutions.
At one point, if companies wanted goods to move, they had to either invest in an expensive transportation management system, or turn over their operation to an outside provider. Thanks to managed transportation providers, that is no longer a necessary choice.
One of the more popular ways to improve efficiencies and reduce costs is through outsourcing some or all of the supply chain operations to a managed transportation provider.
SunteckTTS, a top 10 brokerage, is reportedly looking for a 10x EBITDA multiple.
GTZamp automates multi-movement routes, offering loads to drivers based on an ever-growing number of attributes.
More than $400 billion in freight crossed in both directions through the United States-Mexico border by truck in 2018. In Laredo, Texas, alone, more than two million trucks carried goods […]
Charley Dehoney has written about the growth of digital freight brokerages and what they bring to the market and the industry.
To gain insight into the shifting landscape of freight brokerage, sometimes it’s best to follow the money, not the shiny new technology. The freight brokerage industry is undergoing a wave […]
As the logistics industry continues to plow millions of dollars into digital freight matching
(DFM) technology that pairs shippers and carriers, there is a clear difference of
approach between third-party logistics providers (3PLs) that seek to minimize the “human element” and those that embrace the combination of automation technology and teams of skilled logistics professionals.
During the morning session at Transparency19 on May 6, Stifel investment banker John Larkin moderated a discussion about mergers and acquisitions between Renee Krug, CEO of GlobalTranz; Doug Waggoner, CEO […]
E-commerce has changed consumer buying habits, but it has also changed the supply chain for less-than-truckload carriers, who have had to adapt in various ways to keep pace.
In a striking private equity deal, Providence Equity Partners has agreed to buy GlobalTranz (GTZ), a top 10 third-party logistics provider (3PL), back from The Jordan Company after selling GlobalTranz to Jordan for approximately $400 million in June.
GlobalTranz more than doubled EBITDA in less than a year.
Circle 8 is GlobalTranz’s ninth acquisition since January 2017.
Big data is opening up opportunities for shippers of all sizes, and used properly, it can help reduce shipping rates and improve customer service.
Modern transportation management systems (TMS) have lowered the cost while increasing the power of the solutions, opening doors for shippers of all sizes to benefit.
Crawford’s mission is to secure large enterprise customers, grow the company aggressively, and prepare for the next stage in the venture capital cycle.
Shippers responded to tight capacity and high rates in 2018 by turning to managed transportation providers, and if the predictions for 2019 come true, they will likely continue down this path.
With the growing complexity of supply chains, the technology advantage that managed transportation providers can provide becomes a key value-add for many shippers.
Eric Kirchner, the former CEO of UTi Worldwide, will offer strategic advice as GlobalTranz expands into new geographies and types of transactions.
We spoke to GlobalTranz’s outgoing CEO Bob Farrell and new CEO Renee Krug about the transition in leadership and the marketplace for mergers and acquisitions in the 3PL space going forward into 2019.
FreightWaves spoke to GlobalTranz CEO Bob Farrell and AFN Logistics CEO Owen Schnaper about the deal.
FreightWaves spoke to GlobalTranz Chairman and CEO Bob Farrell about what made the tech-oriented 3PL attractive to The Jordan Company, the outlook for the current M&A environment, and staying disciplined in a period of “stupid multiples.”
The Jordan Company has agreed to buy the 3PL GlobalTranz for a reported $400M. GlobalTranz reported $151M in net revenue in 2017.
GlobalTranz Enterprises Inc. announced it has joined the Blockchain in Trucking Alliance (BiTA), a group of industry executives and companies dedicated to developing and promoting blockchain technology standards throughout the logistics and trucking industry.
