Karma Delivers is looking to the future of social impact collaboration in the logistics space, where a natural market need exists for technology firms to empower NGO’s and nonprofits with software donation programs and access to education resources.
Team Worldwide, a diversified global logistics provider that offers “best in class” logistics, freight forwarding, customs brokerage, truck transportation and other solutions for its customers around the globe, has joined the Blockchain in Transport Alliance (BiTA).
Goldman Sachs issued a report last week highlighting the risks to incumbent brokerages’ margins and market shares, with useful information about the brokerage landscape and recent developments in VC funding that have powered new entrants.
RTS is injecting technology into the archaic garbage industry processes, helping bring visibility and transparency into waste disposal and recycling.
This is all part of the startup’s mission to help independent ecommerce businesses battle giants like Amazon.
FreightWaves spoke with the American Logistics Aid Network (ALAN) to learn how drivers can use their resources to help ahead of Hurricane Florence.
Transportation network Lanehub recently announced Backhaul Assist, a feature that will allow shippers utilizing private fleets or dedicated contract carriers to market available capacity to other shippers.
ITL, a Chicago-based company specializing in warehousing and logistics, recently became a member of the Blockchain in Transport Alliance (BiTA).
xChange is helping container lines reduce their dead miles, by providing them with one-way container moves or SOCs from 2500 locations across the world.
Wipro Limited, a leading global information technology, consulting and business process services company, has joined the Blockchain in Transport Alliance (BiTA).
The Blockchain Research Institute (BRI) and Blockchain in Transport Alliance (BiTA) today announced a new partnership to improve coordination, cooperation and governance within their respective memberships.
Consumer expectations with regard to last-mile delivery have been evolving rapidly, and businesses need to look towards technology to address those needs.
Ecommerce in Indonesia supports 4 million jobs today, with McKinsey expecting the number to reach 26 million in the next five years. All that the country needs right now is a strong logistics network and surplus skilled labor.
LaneAxis is looking to drive efficiency in the trucking network by using blockchain to help shippers connect directly with carriers without brokers or 3PLs.
How important is innovation to logistics? We look at the responses from 313 logistics professionals (JDA and EFT’s “2018 Global Logistics Report”) to find out.
China is witnessing a lot of investment in the logistics facility space, as real-estate price surge and an ecommerce boom is heating up the market.
Sponsored by LaunchIt Public Relations…Alan Amling, director of UPS’s Global On-Demand Manufacturing Initiative pursues the benefits of on-demand additive manufacturing.
Uber Freight is gobbling up $500M per year; the US and China hit each other with a new round of tariffs; Georgia Ports extends its inland intermodal network; Saudi Arabia’s Aramco IPO indefinitely delayed; cannabis supply chains mature; Houston is now an oil exporter.
Salesforce, the original SaaS unicorn and the world’s leading customer relationship management platform, announced that it has joined the Blockchain in Transport Alliance.
The legalized cannabis industry witnesses many struggles with plant cultivation, logistical issues with transporting produce, getting it insured, governmental regulations, and most of all – steering clear from the behemoth cannabis black market.
Sharelogis Trade Services China Ltd, the leading China-based provider of logistics services and supply chain solutions, announced that it has joined the Blockchain in Transport Alliance.
Cisco, the world’s leading provider of the networking hardware that powers the internet, has joined the Blockchain in Transport Alliance.
We look at the responses from 313 logistics professionals to see which tech is having the biggest impact on their industry.
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.
Serve.io has developed technology protocols using blockchain, which it believes can inject transparency in supply chains and cut out middle-men and exorbitant platform fees within the system.
Unilever, the massive Rotterdam-headquartered company that brings beauty, personal care, and food products to over 2.5 billion people daily, has partnered with JD.com, an e-commerce giant based in Beijing, to expand its reach in China.
Sponsored by LaunchIt Public Relations…Benjamin Gordon, CEO of Cambridge Capitol, talks to us about technology disruption in the logistics industry.
Shippers feel like they’re in uncharted territory even a year into an extremely strong trucking cycle, and they’re adapting in a number of ways, including building depth into routing guides, accepting lower service levels, and extending tender lead times.
The swiftness of last-mile delivery is what separates e-commerce brands from each other, and technology adoption would go a long way in optimizing their supply chains.
Good news for coastal residents, but bad news for carriers that made a lot of money on hurricanes last year: not much happening this year. Pretty much all key predictive variables, from sea surface temperatures to wind shear, suggest the current hurricane season will not hold a candle to last year’s hyperactive season in the Atlantic Basin, according to Riskpulse’s hurricane season mid-August update.
Senator Bob Corker (R-TN) spoke to FreightWaves about his efforts to rein in what he called the Trump administration’s abuse of authority in imposing tariffs on the United States’ allies and trade partners.
In partnership with Reliance Partners …If you’re obsessed with growth, you’ll love the report. If you’re obsessed with logistics and the movement of freight, you’ll love the news even more.
Redwood Logistics recently announced the launch of Redwood Mexico, a new service aimed at untangling the complicated process of shipping to and from Mexico.
Schneider National became the latest carrier to announce that it has benefited financially from the strong pricing and capacity squeeze when it announced its second-quarter operating revenues were up 15% year-over-year.
Hub Group’s earnings per share at $0.66 beat Wall Street’s consensus estimate of $0.50, but executives said that the third and fourth quarters will be even stronger, and margins will grow even against tough comps.
Beer manufacturers are looking at a shortage of one of their prime brewing ingredient – barley. This is due to the droughts and heatwaves sweeping northern Europe now, wilting barley crops across the continent.
The asset light logistics provider had financial records across the board and in a driver squeeze, added capacity.
Amazon spent $21.7 billion in shipping last year – a number which could be reduced if the company took control of its supply chain instead of partnering with 3PLs.
Aside from providing track and trace solutions, Loginext uses machine learning to provide organized logistics and field service management solutions in the most cost-optimized way.
The rise of e-commerce has pressured warehouses to raise throughput in smaller spaces with fewer people, creating a business opportunity for tech firms promising to find efficiencies and increase productivity.
This week, the Council of Supply Chain Management Professionals (CSCMP) published their 29th annual State of Logistics Report, which identified the trends that will impact the industry for the remainder of the year and well into the future.
Penske Logistics has reached agreement in principle to acquire Epes Transport Systems, of Greensboro, NC. The deal, expected to be finalized in the next few weeks, will add over 1,200 units to Penske Logistics.
On June 18, XPO Logistics announced their partnership with Nestlé as the two plan to construct “a 638,000-square-foot distribution center at the new SEGRO East Midlands Gateway Logistics Park (SLPEMG) in Leicestershire, UK.”
Kangaruu creates a persistent, organized communication tool to manage logistics between shippers and brokers in the $45 billion spot market
Six times per year, professors from Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University, and the University of Nevada, Reno collaborate with the Council of Supply Chain Management Professionals (CSCMP) to collate data from professionals in the logistics industry, “identifying trends and developments in the logistics industry over time,” according to the Logistics Manager’s Index (LMI).
Indian logistics industry is undergoing a technological evolution, and is looking to improve visibility and traceability into its supply chain, while also working on increasing capacity to handle its volume explosion.
Rhode Island begins tolling trucks today; SCOTUS rejects review request by JB Hunt on California case; Rolls-Royce engine problems spread; transportation companies fret over tariffs; Waymo to buy up to 62,000 Chrysler Pacificas.
With topics ranging broadly on economic and marketplace trends, to blockchain technology, to autonomous trucks and connected vehicles, to 3D printing, to green trucking, to the possibilities of rail, maritime, air freight and much more. And all for free thanks to sponsor, LaunchIt.
Techpertise together with TMW Systems …3Gtms, an emerging next-generation provider of transportation management software, is partnering with 10-4 Systems, a Trimble company, to enhance its platform with cutting edge visibility and analytics solutions.
E-commerce sales shrugged off a weak quarter for retail overall, and the resilience of online shopping should continue to drive innovation in transportation and freight markets as businesses look to take advantage.
Roadrunner Transportation Systems announced today that it has joined BiTA, a group dedicated to implementing standards for the digitalization of the supply chain.
The Freight Movement is in partnership with Arrive Logistics …Moving freight to its final destination starts with the ability of a shipper or broker to find available capacity. That load tendering process is rapidly changing.
Happy Mother’s Day! Ever wonder how all those flowers get to mom? This infographic shows how Holland does its part.
Get the package there and get it there on time. A simply ask, but one that has become increasingly difficult in recent years as e-commerce has exploded and retailers and e-tailers fight for those dollars.
The shale oil revolution has increased the intensity of fracking activity, and coordinating the delivery of sand, chemicals, and equipment to sites has become more complex. PropDispatch is a digital solution.
After setting one record high after another in the early weeks of 2018, the weekly DAT Dry Van and Reefer Barometers have finally pulled back slightly, before stabilizing in a strong growth range.
ts best performance in year-over-year increases in revenue per hundredweight (excluding fuel surcharge) in years was not enough to turn a first quarter profit for YRC Worldwide.
The industry in the Netherlands makes it the Wall Street of flowers.
Slync, an enterprise blockchain platform for the shipping, logistics and supply chain industries, has appointed Samuel Israel to its advisory board. As a regional CEO, Israel led DHL Global Forwarding for more than 10 years, where he built a multibillion-dollar logistics organization in Latin America.
Blockchain has been touted as one of the most revolutionary pieces of technology since the invention of the internet. While hype continues to pick up speed, the most innovative organisations have moved beyond talk and are actively deploying pilots leveraging the technology into supply chain and logistics networks.
E-commerce is intensifying last mile delivery activity; warehouse prices are climbing rapidly in consumer-dense markets; but the logistics space is fragmented, with high EBITDA multiples and low barriers-to-entry hindering consolidation.
Custom Pro Logistics, a Cincinnati based 3PL, has announced its membership in BiTA.
PAM Transport, Inc., a top 100 largest For-Hire Carrier in North America, announced today that it has joined BiTA.
JD Logistics, the delivery arm of Chinese e-commerce giant JD.com, uses electric bikes as just one last-mile delivery solution. The delivery drivers pick up goods as local “delivery stations” for final delivery.
The power has shifted to the carriers, and shippers need to work at staying on their good side.
Today’s tools and approaches for managing contract freight are broken. LE offers a potential solution.
Flexport is modernizing global trade through a combination of software and human expertise, bringing in greater visibility and transparency to the freight forwarding industry.
Loss expects at leading fleets say more thought needs to go into package design to ensure cargo is well protected during transit.
There are many services that shippers can outsource, including warehouse operations, and doing so can provide added value to the shipper through expertise that 3PLs can provide.
Shippers that work closer with carriers and treat drivers with respect can see lower transportation costs as a result.
Supply chain participants spent years taking time out of the process to offer faster, more streamlined services, but with ELDs and e-commerce, that lack of flexibility is now constraining operations.
Atlanta-based supply chain consultancy firm Chainalytics and UK-based ocean shipping consulting firm Drewry Supply Chain Advisors have officially formed a partnership through a joint venture, The Ocean Buying Group.
One year after launch, FreightWaves takes the top spot for news in the freight and logistics industry according to Amazon’s Alexa.
Britain’s pending withdrawal from the European Union spells traffic doom for Calais, according to the Calais port’s boss, Jean Marc Puissesseau.
Health company higi is opening up resources at its 11,000 self-screening health stations to truck drivers who are members of Rolling Strong for free biometric testing.
Energy and financial markets economist joins the FreightWaves data-science team.
iCanDeliver is hoping to capture European market share with its digital freight platform.
The meeting was the first since railroad legend, and CSX CEO, Hunter Harrison died in December.
Aria Logistics, a women-owned logistics company located in the northeast, is proud to announce its partnership with the Blockchain in Transport Alliance.
OnTruck creates a digital freight marketplace which brings shippers and carriers together and provides real-time visibility and transparency on freight logistics.
The merged companies could mean the transformation of the way we consume soda, as well as the consolidation of shipping and shelf space. The product can also bypass retail stores entirely and ship directly to consumers.
Driver recruiting, media, data application expert, Ken Smith, joins the FreightWaves team as CTO.
Used Class 8 truck prices increased 2% year-over-year in January, but fell 3% over December 2017, according to latest data from ACT Research.
College students should benefit from the University of Central Arkansas membership in the Blockchain in Transport Alliance through access to the development of the cutting edge technology.
Limited visibility, outdated information, errors compounding on errors amounts to one thing: unhappy customers.
Leading commodities, markets-data news, and blockchain expert joins FreightWaves as Executive Editor and BiTA’s Head of Member Engagement.
The majority of the UK branches of KFC were forced to shut down due to the unavailability of chicken, caused by a supply chain mishap.
From a merchant perspective, Shipping with Amazon would provide increased competition in the shipping space, while also providing Amazon with more data about the products people are buying.
Signs are pointing to a new reality: self-driving trucks will help the industry. And the people who keep it running will continue to show us why they’re such an important part of the supply chain.
Schneider (NYSE: SNDR), a provider of transportation and logistics services, is now a member of the Blockchain in Transport Alliance (BITA).
As the UK government battles congestion at the ports of Dover and Folkestone, a decision by the government to rent space at Manston Airfield in the county of Kent for 3 million pounds is coming under fire.
XPO had strong earnings for the fourth quarter. Here’s what a pair of analysts had to say about the company.
Amazon is rolling out free two-hour delivery of Whole Foods groceries through its Prime Now service starting today.
Senior UPS Economist, Ibrahiim Bayaan joins the FreightWaves team as Chief Economist.
The Wall Street Blockchain Alliance and BiTA announced a partnership to define the impact of blockchain technology for the global transport markets.
Velocity Freight Transport, Inc. (Velocity Transport) announced today it has joined BiTA.
With more regional and local deliveries due to e-commerce, there is more opportunity for truck drivers to find less-than-truckload freight, but knowing how it is billed is critical to winning contracts.
There are many stock analysts that have been predicting a stock market decline. The question now becomes, are we looking at a correction or something more indicative of a slowing economy?
China’s ambitious Belt and Road Initiative (BRI) is slated to head north to the Arctic, Reuters reported. Global warming has opened up new shipping lanes that China plans to exploit.
Most shippers, carriers, and students of the freight market spend most of their time focused on a particular mode. It makes intuitive sense that you would focus on the mode that you spend the most time in which you are buying services or providing services. Net result, there are plenty of experts in rail, truck, and intermodal/container freight, and with the ongoing prodigious growth of e-commerce, there is a growing number of experts in parcel freight. That said, we continue to be surprised how little attention overall is given to airfreight.
