By Jennifer Smith Private-equity firms bought two big freight-services providers in separate deals announced Wednesday, the latest in a string of investments in businesses that help manage the flow of goods through supply chains. Iconiq Capital LLC acquired a majority stake in Internet Truckstop Group LLC, whose Truckstop.com online freight marketplace connects shippers with available […]
April 3, 2019
Choptank representatives in Preston, Md. (Choptank Transport) More truck drivers are relying on smartphones and tablets to help them communicate with their employers and find loads, research and anecdotal evidence show. While some holdouts still rely on more traditional cellphones that lack the ability to download apps with access to things like load-matching software, the
Image: Jim Allen/FreightWaves Choptank Transport is on a mission to turn its remaining manual processes into more efficient digital strategies. The quick-growing logistics service provider is hopeful that the transformation will bring revenue growth and help scale the business. Choptank has partnered with Trucker Tools to make the transition. The company began using Trucker Tools’