Article written by Aaron Huff This is the first of a two-part series on how the free market in freight transportation responded to the COVID-19 crisis, and if greater transparency in pricing between brokers and carriers would make a difference. Part 2 will publish on Friday. Freight rates began to plummet in March following state-issued […]
July 2020
Article written by Brian Straight Event on July 21 will feature technology demos and insight and analysis from visionary 3PL industry experts FreightWaves LIVE @Home, the industry’s premier virtual freight conference, was such a smashing success among attendees that we are doing it again – this time the focus will be on third-party logistics (3PL)
Article written by Corrie White McLeod Software hosts IT Security Summit and Transportation Accounting & Finance Conference in July The second annual McLeod Information Technology Security Summit will take place July 22-23, and the fourth annual Transportation Accounting & Finance Conference will run July 28-30. Both conferences are open to all transportation professionals, whether or not they are current
Article written by Gillian Tan & Lizette Chapman Uber Said to Hold Talks on $500 Million Freight-Unit Investment (Bloomberg) — Uber Technologies Inc. is in talks with investors interested in taking a stake in its Uber Freight division, according to people with knowledge of the matter. The San Francisco-based company, led by Dara Khosrowshahi, held
Article written by Brian Straight With employees working at home, Echo continues moving goods and is assisting clients in critical charitable endeavors Many companies have faced unusual circumstances because of the COVID-19 pandemic. In the trucking and logistics space, though, the challenges have been unique. Considered essential, trucks loaded with goods have still moved, albeit at
Image: Mohamed Hassan via Pixabay EKA Solutions, which offers a cloud-based integrated freight management ecosystem platform, has expanded its collaboration with Transflo to implement digital and automated transportation document workflow between shippers and carriers. “While EKA’s new investments are focused on implementing [artificial intelligence], machine learning and other technological solutions to transform the supply chain,
Article written by Harrison White In the Carrier Update presented by PowerFleet, Zach Strickland points out that tender rejection rates are going up in the Southwest, and in the Rail and Intermodal Update, Mike Baudendistel talks with Anthony Smith about recovery. Original Source: https://www.freightwaves.com/news/no-signs-yet-of-the-freight-market-slowing-down-freightwaves-now
Article written by Dick Weisinger Deloitte predicts that more than 10 percent of the global GDP will be tracked and stored with blockchain technology by 2025. Kenneth Craig, vice president of McLeod Software, said that “blockchain has extensive promise for every industry. With it businesses can reinvent the very nature of commercial activity, remove intermediaries, and have
Article written by Shashin Shah With the proliferation of devices and channels, effective data management has become inextricably linked to customer experience and business growth. Quality, storage, security, and dissemination of key data assets like product data, asset data, customer data, and location data play a critical role in achieving business goals. Ergo, strategizing data
New solution aims to reduce uncertainty, provide reliability and streamline operations across the supply chain CHICAGO, July 15, 2020 (GLOBE NEWSWIRE) — Today, Coyote Logistics, a leading global third-party logistics (3PL) provider, expanded its Dynamic Route Optimization program that aims to streamline supply chain operations and reduce uncertainty for carriers by maximizing the efficiency of their