3PL HTL Freight acquires 4PL CTS Logistics
Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.
Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.
Uber Freight has officially entered its managed transportation era.
Uber Freight has brought on talent with decades of experience from C.H. Robinson, Amazon and Walmart.
Shippers can unlock 10-15% cost reduction via an analytical approach, handled entirely by a trusted partner
The 3PL’s first-quarter update is bearish on truckload rates.
Woodlawn Partners leads the debt and equity co-investment with Monroe Capital.
AskWaves takes a look at managed transportation services in the less-than-truckload market.
Learn more about Tai’s Enterprise Transportation Management Software
Echo Global Logistics’ Mike Mobley and Jamie Petrzelka detail the benefits of leveraging the company’s experts to manage transportation networks.
“How do we staff appropriately as we experience this hypergrowth? Detroit just made a ton of sense for that,” said BlueGrace’s vice president of logistics operations.
Transplace’s third acquisition of 2020 will help manufacturing companies manage inventory and orchestrate supplier networks.
Integrations lower the barrier to entry to Transplace technology.
Aerospace industry supplier wants to turn supply chain into a competitive advantage.
Record fourth quarter revenues were spoiled by $118 million in extra depreciation costs.
GlobalTranz, already among the largest brokerages in the nation, grew a bit more with the acquisition of 3PL Cerasis.
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.
Investments in two AI companies in the past five years made Transplace’s optimization more powerful.
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.
Transplace announced continued improvements in its payment processing platform. Through its ongoing collaboration with TriumphPay and Bank of America, the company said that continued progress is being made in improving speed, security and accuracy of payment processing on its platform.
FreightWise found a sweet spot in SaaS-based parcel and LTL managed transportation.
All of the carriers on Transplace’s platform will integrate with Descartes MacroPoint by January 2020.
Despite a crash in truckload spot prices (approximately 50% of ECHO revenue), the freight brokerage beat analyst expectations.
Today’s selloff on soft revenue growth guidance went too far, according to Stifel’s Bruce Chan and Susquehanna’s Bascome Majors.
CEO Frank McGuigan and CTO Jim French discussed customer-oriented technology, trends in digital brokerage, M&A, and the future of managed transportation.