Day: May 19, 2020

Sleek Fleet Launches Proprietary Machine Learning Platform to Find Perfect Driver for Every Truck Load

By / 2020-09-13

Scalable machine learning platform, Sleek Match Engine, powers automatic load distribution for Sleek Fleet shipper customers and registered carriers, fueling company growth. CHICAGO, May 19, 2020 /PRNewswire/ — Sleek Fleet, a transportation technology company, is excited to announce the launch of their proprietary machine learning (ML) engine, Sleek Match Engine. Sleek Match Engine uses millions of truck location points, …

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UPS Capital & AscendTMS Deliver Instant Cargo Insurance For Truckload, Partial and LTL In AscendTMS

By / 2020-09-13

InMotion Global, Inc. announced today that AscendTMS, the world’s number one rated transportation management software (TMS), has achieved another industry first for logistics professionals by adding a myriad real-time cargo insurance coverage options from UPS Capital, a subsidiary of UPS (NYSE: UPS), within AscendTMS. UPS Capital connected its suite of shipping insurance APIs into AscendTMS …

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Aiming to lock down truckload capacity, Amazon goes nationwide with its freight brokerage

By / 2020-09-13

Article written by James Jaillet Amazon this month rolled out its freight brokerage operation nationwide, a strategic move that not only brings the company into competition with other large digital brokerages like Uber Freight and Convoy, but that also is intended to give the company leverage over its retailer and shipper rivals during peak shipping seasons. The …

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Covenant Transportation Group Announces First Quarter Financial and Operating Results

By / 2020-09-13

CHATTANOOGA, Tenn., May 19, 2020 (GLOBE NEWSWIRE) — Covenant Transportation Group, Inc.  (NASDAQ/GS: CVTI) (“CTG”) announced today financial and operating results for the first quarter ended March 31, 2020. Highlights for the quarter included the following: Total revenue of $213.6 million, a decrease of 2.6% compared with the first quarter of 2019. Freight revenue of …

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Uber Freight head: API requests for market pricing up 150% during pandemic (with video)

By / 2020-09-13

Article written by John Paul Hampstead Bill Driegert believes that the coronavirus pandemic is accelerating an irreversible digitization of the transportation and logistics industry, and that shipper behavior, technology adoption and network design will enter a “new normal” after the crisis. Tuesday afternoon, Driegert, Uber Freight’s co-founder and head of operations, appeared on FreightWavesTV during …

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Shipping group promotes standardized e-bill of lading

By / 2020-09-13

Article written by Kim Link-Wills Nine carriers in the Digital Container Shipping Association say eliminating paper from transactions will improve all aspects of the process The Digital Container Shipping Association (DCSA) said the COVID-19 pandemic has made the need for a standardized industry e-bill of lading (eBL) greater than ever. Cargo in ports sometimes can’t …

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project44 adds air, ocean freight visibility to platform

By / 2020-09-13

Article written by Chris Gillis Supply chain management solutions provider said it has shippers covered no matter where and how their cargo is transported throughout the world. Supply chain management solutions provider project44 on Tuesday, May 19, said shippers will now have visibility to their global airfreight, groupage, and ocean container activities no matter where in the …

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FedEx, Microsoft Launch FedEx Surround To Improve Supply Chain Visibility

By / 2020-09-13

(RTTNews) – FedEx and Microsoft said they have entered into a multi-year collaboration that aims to improve the supply chain visibility for businesses by combining FedEx’s logistics network and Microsoft’s cloud service. FedEx and Microsoft launched FedEx Surround, their first solution resulting from the collaboration. The two companies intend to provide multiple joint offerings powered …

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