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DAT acquires freight market data platform from Chainalytics

Article written by John Paul Hampstead This morning DAT Solutions, a leading digital load board and trucking spot rate assessment, announced that it had acquired the Freight Market Intelligence Consortium (FMIC) from  Chainalytics. The FMIC is a benchmarking and analytics service that aggregates freight transaction data from more than 200 shippers in all modes of […]

Less-than-truckload looking up, say analyst and pricing experts

Article written by Todd Maiden Deutsche Bank’s Amit Mehrotra encouraged by volume progression through May Less-than-truckload (LTL) demand improved through May. The acceleration was notable during the 10-day stretch heading into the Memorial Day weekend. However, the improvement comes off of a very low base that developed in April as COVID-19-related shutdown mandates resulted in […]

Q2 Coyote Curve report takes deep dive into the state of the truckload market

Article written by Jeff Berman The most recent edition of the Coyote Curve by Coyote Logistics, a subsidiary of freight transportation and logistics services bellwether UPS, indicated that truckload market conditions remain challenged, due largely to COVID-19, with the caveat that they may have bottomed out in April. Coyote Logistics defines the Coyote Curve as […]

Freight data provider DAT acquires benchmarking and analysis service from Chainalytics

Online freight marketplace operator DAT Solutions will acquire the Freight Market Intelligence Consortium (FMIC) benchmarking service from supply chain consultancy Chainalytics Inc., saying the move extends its position as a provider of market and pricing intelligence for shipments across the truckload, less-than-truckload (LTL), and ocean freight transportation modes. Terms of the deal were not disclosed, but […]

IBM’s New Transaction Tech Takes On Supply Chain Blindspots

IBM‘s new Sterling Business Transaction Intelligence (BTI) Enterprise and Multi-Enterprise editions allow companies to take away “supply chain blind spots” and respond to “predictive insights” from artificial intelligence, the technology company said in a post. “These editions build upon the IBM Sterling Business Transaction Intelligence Basic Edition complementary capability of [the] IBM Sterling Supply Chain Business Network (SCBN),” the announcement […]

Trimble Unveils New Capabilities, Banks on Kuebix Buyout

Trimble Inc. TRMB is making every effort to strengthen presence in the transportation sector on the back of its robust solutions portfolio. The company’s latest launch of new capabilities for its Community Load Match platform jointly with Kuebix is a testament to the same. Notably, the platform helps in optimization of freight movements throughout the supply chain […]

Samsara Launches Integrated Fleet Management Solution for Ford Vehicles

Ford vehicle fleets can now seamlessly manage embedded telematics data through Samsara’s platform with Ford Data Services™ integration SAN FRANCISCO, June 1, 2020 /PRNewswire/ — Today, Samsara, the leader in industrial IoT, announced a new integration with Ford Commercial Solutions as part of a continued effort to unlock the power of embedded telematics data for fleet customers. With this new […]

DAT Solutions acquires Freight Market Intelligence Consortium

Article written by Kari Slagel North American online freight marketplace DAT Solutions entered an agreement to acquire Freight Market Intelligence Consortium (FMIC) from Chainalytics Inc. “FMIC is a subscription-based benchmarking and analysis service that leverages almost $50 billion in actual freight transactions from almost 200 companies across manufacturing, retail, wholesale and third-party logistics,” according to […]

New Schneider FreightPower™ Cracks the Code for Delivering Flexible, Expansive Capacity Options

GREEN BAY, Wisconsin–(BUSINESS WIRE)–Schneider (NYSE: SNDR), a premier provider of transportation and logistics services, launches Schneider FreightPower™ to rewrite the rules – giving shippers access to an expanded, highly flexible capacity network backed by a trusted, experienced carrier. This new marketplace fuels Schneider’s ability to say “yes” even more often, regardless of market condition or […]