Doug Waggoner, CEO of Echo Global Logistics, discusses the strategy of accepting risk losses on contract freight in order to remain in good standing with shippers and take advantage of higher margins in the spot market.
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
Learn about Automating the Spot Quote Process for Full Truckload Brokers
“Partnering with someone like Emerge, someone whose primary focus is staying in tune with technology, we can move much faster, pivot when need be and continue to move forward and focus on operational execution for our customers,” said DHL Supply Chain North America’s president of transportation.
Intelligent Spot leverages leading-edge technology, a team of domain experts and a vast unbiased carrier network to true spot market execution.
Here’s a closer look at the difference between spot and contracted freight rates.
With expansion into both Asia and Europe, Cargobase expects to more than triple its revenues.
The top 25 freight forwarders are now only winning 30.5% of the freight they bid on, as opposed to their previous rate of 53.3%.
After practically zeroing out in the early stages of the pandemic, trailer orders rebounded in June as fleets began to book new equipment to take advantage of the improving freight market.
Loadsure founder explains the benefits of “pay-as-you-go” freight insurance.
Gross revenue and margins are in the most difficult stage of the cycle right now.
With spot container freight rates continuing to tumble, carriers are forecast to withdraw more capacity ahead of annual contract negotiations with shippers.
FreightWaves Freight Intel Group predicts an increase in trucking company failures in 2019. Read why they make that prediction in this article.
Capacity has returned to freight markets and spot rates are falling against “contract.”
ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.
Commentary by Bill Driegert, Senior Director of Uber Freight, explores the current and near-future of on-demand freight.
We caught up with Gary Saykaly, who is running a new Trucking & Freight Derivatives Group at Lakefront Futures & Options.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
Lakefront Futures & Options will be marketing Trucking Freight Futures through its new Trucking Derivatives Group. Read the article and learn more about Trucking Freight Futures and Lakefront Futures & Options.
Daimler in association with Loadsmart is launching its custom digital platform for its contracted freight carriers in the U.S. to match them with the company’s spot loads.
