Dallas-based Transplace, a non asset-based third-party logistics services provider, announced today that it is welcoming Austin, Texas-based ScanData Systems Inc., a provider of parcel transportation management solutions (PTMS), into the fold, in what it called a strategic acquisition. Terms of the deal were not disclosed. Dallas-based Transplace, a non asset-based third-party logistics services provider, announced […]
June 2020
Article written by Todd Maiden Old Dominion and Saia see smaller declines in May Old Dominion Freight Line (NASDAQ: ODFL) reported a 16.2% year-over-year decline in revenue per day during May as tonnage declined 12.1% and revenue per hundredweight, or yield, moved lower. The less-than-truckload (LTL) carrier reported the May tonnage decline was the combination
To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software, according to an announcement. Vector’s mobile application can now be put into place alongside McLeod’s DocumentPower and LoadMaster to simplify document collections and speed up billing as
Spot rates for dry van, refrigerated and flatbed shipments rebounded last week after significant drops in earlier weeks. According to DAT trendlines, spot market recovery sped up the week of May 25-31. Large increases in load-to-truck ratios indicated higher demand for dry van, refrigerated and flatbed shipments. Truckload rates followed suit, rising on most lanes
Article written by Ashley Coker Technology offers brokers and carriers a window into the future Technology is changing how the transportation industry works, and large broker fees are quickly becoming a thing of the past. Digital brokers and private equity firms have entered the space over the last few years, pressuring traditional brokers to lower
Article written by Ashley Coker Existing technologies can be made new again Social, political and economic conditions at the national and global levels are changing at breakneck speed, and it is more important than ever to maintain clear lines of communication and information sharing across the logistics industry. Electronic data interchange (EDI) may not be
Article written by Brian Straight Tech narrows delivery windows for complex less-than-truckload loads While Amazon (NASDAQ: AMZN) and its shipping partners like UPS (NYSE: UPS) and FedEx (NYSE: FDX) are able to tell customers where their package is at all times, the reality for most less-than-truckload (LTL) shipping is somewhat more complex. Multiple stops, drops
In just a few short months, the coronavirus pandemic has transformed how supply chains are run. Companies are adapting to a new remote-work environment, and the crisis has come with a surge in shipping demand as well as constrained capacity, causing rate spikes across the industry. From February to March alone, the average rate to
Article written by Aaron Huff On Friday, May 29, executives from DHL Supply Chain North America shared insights on the transportation and logistics sector of the economy amid the coronavirus pandemic. Describing the business climate as a “whirlwind,” President Jim Monkmeyer said that mixed demand for truckload and less-than-truckload shipments has resulted in carriers furloughing drivers and parking
Deal follows Texas 3PL’s purchases of Lanehub fleet utilization tech and Yusen’s freight brokerage arm. Third party logistics provider (3PL) Transplace is staying on the acquisition trail, announcing today it has acquired ScanData Systems Inc., a provider of parcel transportation management solutions (PTMS). Terms of the deal were not disclosed. The deal comes just five months