Article written by Clarissa Hawes Several flatbed carriers and two of the nation’s top freight brokerages are among the major unsecured creditors owed thousands after the lumber supplier filed bankruptcy on July 27. Several trucking companies and freight brokerages are owed thousands of dollars after a Kentucky-based lumber processor filed for Chapter 11 bankruptcy protection […]
July 29, 2020
Article written by Chris Cunnane I recently wrapped up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2024, and the leading suppliers across a number of categories including industry, region, and customer size. The study includes a holistic view of the TMS outlook. A TMS helps
Article written by Todd Maiden Company to restore salary and benefit reductions enacted in early days of COVID-19 ArcBest Corp (NASDAQ: ARCB) reported adjusted earnings per share (EPS) of $0.67, well ahead of the break-even consensus estimate. The asset-based division, which includes less-than-truckload (LTL) operations, reported a 17.8% year-over-year revenue decline to $460 million. Tonnage
The lure of low-cost data storage and cloud computing has enabled organizations to capture and process large volumes of data in a short period of time, finding valuable business insights and achieving end-to-end digitization of the supply chain. Companies are implementing technological changes in crucial logistics functions in supply chain planning, procurement, sales & operational
Sandymount partners with Circle to help adjust to shifting demands and priorities during COVID-19 FORT WAYNE, IN , July 29, 2020 (GLOBE NEWSWIRE) — Circle Logistics, an asset-based full-service logistics company, helped Sandymount Technologies, a leading Massachusetts-based technology provider for the brewing industry, make adjustments to meet an increased demand for hand sanitizer by shifting to
PHOENIX, July 29, 2020 (GLOBE NEWSWIRE) — GlobalTranz Enterprises, LLC, a leading third-party logistics solutions provider offering award-winning technology, people-powered customer service, and extensive multimodal carrier relationships, today announced the launch of its Final Mile offering. The solution provides shippers with an intuitive, technology-enabled final mile solution that creates efficiencies, reduces accessorial charges, and delivers a
Next generation platform provides fleet customers with a single, unified view of all asset types, deep data insights and unparalleled processing power and bandwidth ROCHELLE PARK, N.J., July 29, 2020 (GLOBE NEWSWIRE) — ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced the introduction of its next generation analytics