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 […]
July 2020
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
Article written by Dave Flessner Staff photo by Doug Strickland / U.S. Xpress CEO Eric Fuller poses for a portrait at the company’s headquarters on Wednesday, Aug. 23, 2017, in Chattanooga, Tenn. U.S. Xpress Enterprises, Inc. nearly doubled its operating income in the second quarter as the Chattanooga-based trucking firm capitalized on its technologies to
Article written by Brian Straight Offering allows shippers to see how competitive the spot rate being offered is Convoy has launched a new rate quote benchmarking tool that allows shippers to easily see if the spot quote they are being provided is comparable to, higher or lower than the average. Automated quote benchmarking is now
DAT says freight rates aren’t following normal trends. Graph: DAT Solutions Comparing the spot market to normal trends probably isn’t a good comparison, based on analysis from DAT Solutions and FTR, with the upheaval to supply chains due to the COVID-19 pandemic. DAT Solutions analysts, looking at the week of July 20-26, said spot rates
Extends telematics service term with Terex and deployment of ORBCOMM’s global IoT device and leading-edge data reporting and analytics platform ROCHELLE PARK, NJ, July 28, 2020 (GLOBE NEWSWIRE) — ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has expanded its long-standing agreement with Terex Corporation (Terex),
Article written by Timothy Dooner On today’s episode, Dooner and The Dude talk about companies going in different directions on COVID-19-related safety protocols, is it Christmas in July for truckers, the outlook for air freight, and logistics marketing tips. They’re joined by special guests: Blythe Brumleve, Owner at Digital Dispatch; Bryan Schreiber, Manager of Air