New “Hot Topic” publication from CSCMP looks at how digital freight networks can help shippers get the most out of their data. Digital freight networks (DFN)—also known as digital freight brokers—serve as an online matchmaker, bringing together shippers with available loads and trucking companies with available capacity. For years, DFNs have competed by saying they …
How digital freight networks can increase visibility Read More »
Article written by Mikayla St. Clair Source: Bloomberg Logistics and supply chain are crucial for the success of all businesses. Efficient logistic strategies are vital for reducing warehouse bulk, and ensuring that customers get their specified goods in time. Companies seeking to implement logistics strategies must first consider how they stand to benefit from the …
Six Common Logistics Mistakes and How to Avoid Them Read More »
Article written by Andrew Cox This week’s DHL Supply Chain Pricing Power Index: 40 (Shippers) Last week’s DHL Supply Chain Pricing Power Index: 35 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for …
Current environment points to higher rates forthcoming (Video in Source) Read More »
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–C.H. Robinson, one of the world’s largest logistics companies, and a member of the volunteer Minnesota Task Force that brought together government and private organizations to get personal protective equipment (PPE) for the state, today revealed costly transportation and logistics trends that are adding to budgetary challenges for states in need of …
As Pandemic Costs Rise, C.H. Robinson Uncovers Millions in Savings for States in Need Read More »
Article written by Margaret Harrist In a major step toward operating as one enterprise rather than a collection of brands, trucking and logistics holding company YRC Worldwide is consolidating its disjointed and outdated finance and HR applications, many of them inherited through acquisitions. YRC Worldwide’s goal is to modernize and streamline its back-office systems across …
Blazing A New Road: Trucking And Logistics Giant YRC Consolidates In The Cloud Read More »
PHILADELPHIA — PORTRIX LOGISTIC SOFTWARE (PLS), a Hamburg based software company, which today provides their Rate and Allocation solutions to 12 of the Top 20 Freight Forwarders, has selected the Chain.io full service integration platform to further power their integration capabilities. Chain.io’s leading technology will enable seamless digital integration with some of the leading market …
PORTRIX LOGISTIC SOFTWARE partners with Chain.io to Power Digital Innovation Read More »
Smaller Truckload Carriers Can Increase Profits through Better Load Planning and Better Driver and Customer Communications via Axele’s Intelligent Optimization DALLAS, June 17, 2020 /PRNewswire/ — Optym, a global optimization intelligence company, today announced the launch of Axele, a transportation management software for small and midsized carriers in the full truckload industry (FTL). Axele’s predictive analytics automates many of …
BOERNE, Texas, June 17, 2020 /PRNewswire/ — On Tuesday, June 9th HerdX and UPS showcased a blockchain tracked and verified beef shipment. The shipment started at Dean and Peeler Premium Beef in South Texas and shipped via UPS to an event held at The Richter Tavern in Boerne, Texas. Romaine Seguin, UPS President Global Freight Forwarding, and Jeff McCorstin, UPS President Global Customs Brokerage & …
Article written by John D. Schulz The $46 billion-a-year less-than-truckload (LTL) sector is faring relatively well economically during the downturn in freight demand as a result of closures associated with the COVID-19 pandemic. The $46 billion-a-year less-than-truckload (LTL) sector is faring relatively well economically during the downturn in freight demand as a result of closures …
Pricing discipline, reliance on e-commerce aiding LTL carriers amid COVID-19 downturn Read More »
Article written by Aaron Huff Knight-Swift Transportation (No. 4, CCJ Top 250) is replacing the video telematics system in 12,000 Swift Transportation company- and contractor-owned trucks. The decision comes after a change in Swift management on Sept. 8, 2017, when Knight Transportation and Swift Transportation merged to create the largest truckload fleet in North America. As part of …
