Article written by Jack Glenn Metrics play a key role in monitoring the success of any sized brokerage. MoLo Solutions CEO Andrew Silver and Arrive Logistics CEO Matt Pyatt reflected on the metrics that mattered most as their companies transitioned throughout the growth process during the FreightWaves 3PL Summit on Tuesday, July 21. Initial metrics: […]
July 2020
Article written by Linda Baker “We can now serve all importers, not just the 1%” Mercado Labs, a Dallas-based technology startup that helps small and mid-size importers manage the complexities of international trade, has closed a $2.5 million funding round led by Ironspring Ventures and joined by new investor Supply Chain Ventures. Founded in 2018, Mercado’s
The Mumbai-based digital freight forwarder will leverage TradeLens’ solutions to accelerate secure digitization in ocean logistics Shipwaves, an industry-leading digital freight forwarder has joined Maersk-IBM developed TradeLends platform. The association between the front-running blockchain-powered supply chain solution provider and digital freight forwarder is aimed at accelerating the digitization of the ocean logistics space, especially in India and
Article written by Aaron Huff CCJ Innovators profiles carriers and fleets that have found innovative ways to overcome trucking’s challenges. If you know a carrier that has displayed innovation, contact CCJ Editor Jason Cannon at jasoncannon@randallreilly.com or 800-633-5953. While on vacation this spring, Bonnie Ramsay was visualizing and connecting the dots of an electronic proof-of-delivery process in her mind.
Article written by Brian Straight XPO’s chairman and CEO said more efforts will be made to address racial equality Brad Jacobs, chairman and CEO of XPO Logistics (NYSE: XPO), is committed to improving the diverse culture XPO is striving to build for its employees, but doing so requires listening to employees, he said during the
Article written by Clarissa Hawes Eric McGee said more than 1,000 3PLs have started using J.B. Hunt’s 360 platform as a shipper and its carrier network has expanded to more than 700,000 trucks. Listening and adapting to customers’ and carriers’ needs through innovation is key to the continued growth of J.B. Hunt Transport Services’ (NASDAQ:
Article written by Aaron Huff Ryder’s brokerage division is tapping into a larger capacity pool and automating freight matching and shipment visibility with Trucker Tools. Ryder (CCJ Top 250, No. 14), one of the nation’s largest dedicated transportation providers, recently started using the Trucker Tools predictive freight matching and shipment tracking platform. The brokerage division of Miami, Fla.-based Ryder
Combination generates real-time rates for TMS routing guides, then automatically tenders loads, firms say. Supply chain software vendor Blue Yonder has integrated its platform with the digital freight technology company Loadsmart, saying the combination will allow transportation management customers to significantly reduce costs and improve efficiency. By linking Scottsdale, Arizona-based Blue Yonder’s transportation management system (TMS)
SmartHo p, a Florida-based tech-enabled dispatch solution empowering small trucking companies to grow their businesses, today announced that it has closed a $4.5 Million Seed round led by Equal Ventures, a seed stage venture fund based in New York. Additional investors in the round include Greycroft, Las Olas VC. The company has also recruited a group
Article written by Kyle Wiggers SmartHop, a startup developing an AI-powered freight dispatcher service for small businesses, today announced it raised $4.5 million. A spokesperson for the company said the funding will be used to help scale service and accelerate SmartHop’s go-to-market efforts. Over 90% of trucking companies in the U.S. are categorized as small carriers and