YRC expects to receive $700 million CARES Act loan YRC Worldwide (No. 5 on the CCJ Top 250) announced Wednesday that the U.S. Treasury Department intends to loan the fleet $700 million as part of the CARES Act for COVID-19 pandemic assistance. That comes in exchange for nearly 30% ownership stake of YRC by the U.S. government. YRC […]
Article written by Deborah Lockridge Instead of moving LTL freight hub-to-spoke, Flock Freight pools the freight for shared truckloads. Photo: Deborah Lockridge Oren Zaslansky grew up in the trucking business, started a truckload company at age 21, moved on from there to a brokerage, and then decided he wanted to see how he could use
Q&A: Flock Freight's Founder on Reinventing LTL Read More »
Article Written by Chris Cunnane Last week my colleague Steve Banker published an article on digital freight brokerages from a managed transportation services (MTS) standpoint. As he is finishing up a market study and a supplier selection guide on the managed transportation service (MTS) industry, he spoke with a number of executives at MTS providers to get their
TMS and Digital Freight: The Experts Speak Read More »
Originally planned to take place September 27-29 in Washington, D.C., McLeod Software will move its annual User Conference fully virtual. The McLeod Software annual User Conference 2020 event will be an online event at the end of September. The virtual conference hours will be scheduled for mid-day and mid-week, to keep from consuming all of
McLeod Software Goes Virtual with Annual User Conference Read More »
From locating loads to finding parking spots, DAT One gives drivers access to the services needed on the road. DAT Solutions (DAT) has launched a new mobile app to provide access to essential services while on the road, such as parking availability and truck stops, as well as detailed truck maps that enable drivers to
DAT launches mobile app for truckers Read More »
Archerhub released a new transportation management software (TMS) system for small motor carriers. Its new ALVUS (Archerhub Logistics Value Utilization Solution) TMS uses AI-enabled technology to help carriers manage dispatch operations and automate back-office accounting. Some core features of the TMS include booking loads, uploading the bill of lading and proof of delivery, issuing electronic
Archerhub TMS for small carriers helps automate dispatch, back office Read More »
Image: DAT Solutions DAT Solutions has brought together a number of different trucking tools into one, easy-to-use, mobile app, according to the company. DAT One is a free app to help truck drivers find, book, and deliver loads, providing access to loads on DAT’s load board within a 200-mile radius of the driver. It also
DAT Launches All-in-One Driver-centric App Read More »
Article written by Cliff Abbott Trucks lined Constitution Avenue in Washington, D.C., for 20 days in protest of low spot rates. (Courtesy: Diego HZ) Frustration over spot freight rates bottoming out due to the COVID-19 pandemic drew more than 100 small-business owner-operators to Washington, D.C., for a “May Day” protest that lasted for three weeks.
Mayday, mayday! A tale of two sides of a dispute over spot rates Read More »
Article written by John Paul Hampstead Machine learning is now ‘pervasive’ in Convoy’s operations. Just a few years ago, the state of the art in freight brokerage technology was software-assisted pricing and matching. A simple tool might take a base rate for a certain origin-destination pair and add a seasonality modifier based on historical data,
How machine learning improves the efficiency of freight operations Read More »
Article written by Dean Croke Spot rates for truckload van and refrigerated freight gained steam during the month of June as jurisdictions eased shopping restrictions and retailers looked to move goods ahead of the Fourth of July holiday. The national average van load-to-truck ratio, a measure of demand for carrier services, averaged almost 3.0 during
Trucking Trends: 3 Freight Trends to Watch this Fourth of July Read More »
