Cold chain solutions provider FreezPak Logistics announced plans to add renewable solar systems to three of the company’s logistics operations.
DSV has been reported to be interested in acquiring C.H. Robinson’s global forwarding unit for as much as $9 billion.
Logistics provider Schneider is recognized by PepsiCo as its Asset Sustainability Carrier of the Year.
Logistics provider LeeWay Services Inc. filed for an initial public offering of up to $17 million with the Securities and Exchange Commission Monday.
Ex-Amazon executive is seen as the more experienced operator that Flexport now needs.
In a presentation at the Gartner Supply Chain Symposium, a General Mills executive said transformation can’t occur if executives get tied up in the day-to-day.
At a key supply chain forum, executives from FourKites sit down and talk about visibility and the need to meet increasing customer demands.
Redwood Logistics will give customers the option to track and offset carbon emissions associated with freight operations.
Data from a recent survey shows that supply chain executives are paying greater attention to diversity, equity and inclusion.
A FreightWaves survey of freight brokers found significant differences in entry-level base pay and commission rates by region.
At the Gartner Supply Chain Symposium, a vice president says supply chain officers are going to rise in importance in their companies.
Bid rates have all but bottomed out, and many shippers are jumping at the chance to save some money. Some industry experts, however, are urging shippers to proceed with caution.
On the first day of the big Gartner Supply Chain Symposium, an audience is told that no two days are ever alike in the supply chain business.
The executive transformed Amazon into a transport and logistics force.
Right now, every dollar matters, and it is important for companies to up their game when it comes to transportation spend management.
Freight broker Landstar System announces another change at CFO.
“As a $4 billion industry leader, we have a great responsibility to pursue activities and initiatives that improve the sustainability of our operations, provide an inclusive workplace for all and give back to the communities where we operate.”
Primo is looking to change logistics industry norms by partnering with companies in the industry to teach them how to provide new services to their customers.
A technological revolution and a pandemic-fueled capacity crunch came together to push digital freight matching into the spotlight over the past few years.
A case involving C.H. Robinson before the U.S. Supreme Court got the same recommendation from the solicitor general as the better-known AB5 lawsuit in California.
The need for streamlined supply chains has never been more pivotal, but many current technologies were not designed to cope with the level of uncertainty companies are facing in 2022.
Mexico-based digital freight forwarder Nowports has achieved unicorn status after closing a $150 million series C round.
The Small Fleet & Owner-Operator Summit takes place on June 15, 2022.
As thousands of exhibitors and attendees convened in Northwest Arkansas last week, many were introduced to Coleman Warren and the business he founded, Simple+Sweet Creamery, to fight child hunger.
Third-party logistics provider Fox Logistics announced it has acquired Boxton’s automated freight platform.
While drayage has faced demand surges, they have often been the relatively short-lived consequences of labor strikes or steamship company shutdowns. The impact of the pandemic has been much greater, and it is here to stay.
Spencer Tenney speaks on the state of merger and acquisitions in trucking and freight brokerage; host John Kingston addresses East Coast diesel.
Multimodal transportation provider Radiant Logistics reported record results again during its fiscal quarter ended March 31. Demand still remains healthy throughout its network.
U.S. Bank, a major lender to the supply chain, has brought in LiquidX as its fintech partner to speed up its digitization process.
Dave Ables is the new president and COO of AFC Transport.
This fireside chat focuses on managing the ups and downs of the trucking market with Convoy’s Dan Lewis.
Reducing empty miles and dwell time could improve social, environmental and financial sustainability.
Since joining third-party-logistics firm, LFS, as an advisor and investor, Justin Hall has been working to rebrand the company under the name of Primo.
Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.
Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.
Revenue seen growing by 11% to 15%, up from 8% to 12%; CEO sees growth across all verticals.
XPO Logistics released a sustainability report that hones in on recruiting underrepresented groups and using optimization to reduce emissions.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
Freight forwarding, supply chain and express units see strong trade-related demand.
Expeditors suffered a serious cyberattack in the first quarter, with a loss of volume, but still managed to make more money than the first quarter of 2021.
Freight brokerage firm C.H. Robinson had its debt rating affirmed by Moody’s, with the agency seeing “disciplined” finances at the 3PL.
Working as an independent commissioned agent gives folks a level of control over both their business operations and their day-to-day schedules that is impossible to come by in a more traditional setting.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
Companies across the logistics industry will need to start considering their carbon footprint as new regulations come down and consumers start voting with their dollars.
Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.
Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
E2open has completed its first full year as a public company with good numbers, although the stock price is lagging.
Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.
Building the most effective RFPs possible requires self-awareness, attention to detail, industry insights and a willingness to adopt new technologies.
FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.
Finding skilled associates for your distribution center is challenging, so why not leave it to the professionals?
Throughout its successful, 20-year history, Acuitive Solutions has taken the road less traveled by not trying to be all things for all customers.
Piles of paperwork plague every mode of transportation, and recent shifts in consumer shopping behavior — namely the ongoing e-commerce surge — have only made the problem worse.
AIT Worldwide Logistics plans to use carbon offsets and emission-reduction strategies to reach net-zero emissions by 2035.
Freight brokers, just like the truck drivers they serve, are in hot demand. A recruiter in the business discusses why. Also: diesel breaks another record.
Many shippers are now looking to shorten the duration of their bid contracts in order to take advantage of current capacity and avoid being locked into sky-high rates as the market shifts.
GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.
Management from Landstar System is predicting “another great year” even as spot market fundamentals loosen.
Knight-Swift Transportation lays out a thesis showing how large carriers will navigate a potential downturn considerably better than small fleets.
P.A.M. Transportation Services saw significant growth in its truckload and brokerage units during the first quarter.
On its first-quarter call with analysts, management from J.B. Hunt said demand indications from customers have been strong. The path is likely not as easy for smaller players in the space.
J.B. Hunt Transport Services reported first-quarter results well ahead of analysts’ forecasts Monday after the market closed.
FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.
The acquisition market for truck freight brokerages is hot these days. A banker involved in such deals joins host John Kingston on the podcast. Also: why the diesel market is helping to drive oil prices higher.
Global logistics giants Geodis and Ceva plan to lay off 450 workers in the Columbus, Ohio area by Sept. 30.
Got bots? How about a robot with that subscription?
Major logistics platform E2open’s heavy debt load can be handled by the company’s free cash flow, S&P Ratings says.
Freight demand was well above historic norms, according to TIA’s chief economist, and a return to normalcy was to be expected.
Truck brokerages have been barred for years from getting a key terrorism-related Customs designation that allows for easier passage; that may soon change.
Private equity firms are looking hard at trucking brokerages, and the owners of those companies need to keep their risk profile in check. Photo: FreightWaves
The CEO and co-founder of Treet answers questions about his resale platform and the growing recommerce industry.
Data in the Logistics Managers’ Index reported a significant weakening in the market in the second half of March.
FreightWaves adviser Matt Waller answers questions about shifting priorities that may include sustainability.
DDC Sync allows drivers to use a mobile app with intuitive smart capture to instantly take high-quality images of bills of lading (BOLs) that are then processed with the driver’s terminal staff or operation staff of DDC.
Companies that have historically treated drayage and other inland transportation services as an afterthought will need to shift this mindset in order to survive in the current maritime environment.
The average percentage of ocean carrier invoices with missing or wrong information jumped from a historical average of 18% to over 45% in 2021.
Becker’s CEO sees acquisition opportunities in other 3PLs with CEOs getting ready to retire.
Optimal Dynamics aims to alleviate the uncertainty about freight movement today and in the future.
Dispatching is marked by mostly smaller companies, and Trucker Path already comes in at a larger-than-normal size.
If imported adult beverages are your thing, there’s a good chance DHL or J.F. Hillebrand took care of the shipping.
Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.
Gatik’s Gautam Narang will be an industry keynoter at The Future of Supply Chain event.
The quarterly report of the brokerage industry’s leading trade group shows that 3PLs did only slightly better in the rip-roaring freight market of the fourth quarter.
Consumers are becoming more aware of both the urgency of climate change and the complexities of the supply chain. Companies should be prepared for consumers to start calculating supply chain sustainability into their purchasing decisions.
Racing a car at 223 mph is insane and so is the logistics that makes it possible. Get ready for the F1 season.
“FreightTech is only as good as the relationships that FreightTech enables and the data feeding into freight technology,” said Michael Johnson, EVP of strategy at Redwood Logistics.
Newer generations of sales reps are not solely motivated by money, said Cassie Pless, director of commercial sales at Outreach.
Paul-Bernard Jaroslawski, founder and president of Freight Caviar, explains how the war in Ukraine is affecting the large trucking and logistics outsourcing industry in a fireside chat during the FreightWaves’ 3PL Summit.
After about a year on the job, the president and CEO of the brokerage industry’s leading trade group touts the value of relationships.
“This exceptional group of women have persevered through the uncertain times brought on by the COVID-19 pandemic, exhibiting the true example of a leader,” said Ellen Voie, WIT president and CEO.
As shippers move to digitize their documents and automate their processes, they should focus on making sure both efficiency and accuracy benchmarks are met. One document processing error can sideline an entire shipment, undermining profitability and customer satisfaction.
AFS Logistics announced Tuesday the acquisition of DTA Services.
Focusing on growing Emerge’s capacity, Ramsdell wants to offer Fortune 500 drop-drop freight to small and midsize carriers.
As the industry continues to move away from clunky legacy solutions, more companies are choosing solutions based on user interface. While an intuitive interface is important, this can sometimes come at the expense of a strong back-end product.
ULSD rises slightly, semiconductor shortage could get worse and more 3PLs suspend shipments to and from Russia.
As parcel demand has skyrocketed, shippers have obviously been faced with serious capacity issues.
A group of carriers and logistics providers has formed to raise money for the people of Ukraine.
Companies rely on a wide variety of partners to handle their invoice auditing, including brokers and third-party freight pay companies. This approach can be risky, as these folks are not typically invoice audit experts, increasing the chance that inconsistencies and other issues will slip through the cracks.
Over the last decade, XPO Logistics has spent hundreds of millions of dollars investing in the development of advanced transportation technology with the use of “the brightest technology minds out there.”
