Month: August 2020

Ascent Global Logistics Announces Formation of New Board of Directors

By / 2020-10-28

BELLEVILLE, Mich., Aug. 17, 2020 /PRNewswire/ — Ascent Global Logistics, Inc. (“Ascent” or the “company”) has announced the formation of a new Board of Directors, which now includes independent directors Cordia Harrington, founder and CEO of The Bakery Cos., and Jim Van Leenan, former CEO of Flash Global Logistics and USPack Logistics.  Additionally, Christopher L. Doerr has moved from the Roadrunner Transportation …

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What are the fastest growing businesses in Chattanooga?

By / 2020-09-13

Article written by Dave Flessner Logistics firms dominate list Staff file photo / Freight brokers show their achievements with record albums above their desks at Avenger Logistics. Chattanooga, which is within a day’s drive of over half the U.S. population, is home to two of the nation’s biggest long-haul trucking companies — U.S. Xpress Enterprises …

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DAT: Truckload Volume Index increases 2.1% in July

By / 2020-09-13

Rates, volumes increase as shippers use the spot market to resolve imbalances in their freight networks. Bucking seasonal trends, the surge continues in spot market rates across all equipment types, according to DAT Freight & Analytics, which operates the industry’s largest online marketplace for spot truckload freight. The DAT Truckload Volume Index, a measure of dry …

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Spot rates on pace to break 2018 records, how long will they stay there?

By / 2020-09-13

Article written by Andrew Cox This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for …

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Redwood Logistics Names Mike Reed Chief Product Officer

By / 2020-10-28

Redwood Logistics today announced the addition of Mike Reed as Chief Product Officer. Reed joins the Redwood executive team to drive advances in the company’s services, technology solutions, and partner commercialization strategy. His resume comprises 15 years of logistics experience, including his most recently held roles with Project44 as Chief Strategy Officer and at Echo …

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BulkLoads TMS product for bulk commodities will be integrated into Barchart

By / 2020-09-13

Article written by John Kingston BulkLoads.com, the online load board to match truck capacity to haulers needing to move bulk commodities like grains, has signed a deal to have its transportation management system (TMS) built into a third-party platform. Jared Finn, the operating partner with BulkLoads, said his service will be built into the commodity …

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Verizon details network enhancements aimed at improving GPS accuracy

By / 2020-09-13

Article written by Natalle Gagliordi Verizon on Thursday released details around its initiative to enhance the GPS accuracy of the phones, drones, and IoT devices that run on its network. The company said it’s been building and deploying Real Time Kinematics (RTK) reference stations to its network that are meant to provide hyper-precise location information …

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Asda renews reverse logistics contract with XPO Logistics

By / 2020-09-13

Article written by Michelle Mooney Asda has renewed its reverse logistics contract with XPO Logistics for a further three years – extending a partnership that goes back to 2002. XPO will continue to manage the logistics of Asda’s product trays across nine sites. The returned assets will be washed, inspected, and then reused for product …

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Verizon introduces hyper-precise location services, advancing road safety, autonomous technology

By / 2020-09-13

Hyper Precise Location with Real Time Kinematics (RTK) represents the next evolution in mass market GPS solutions — Hyper Precise Location solution provides centimeter-level location accuracy, in comparison to an accuracy level of three to nine meters with GPS alone — Real Time Kinematics (RTK) will redefine the possibilities of IoT with hyper-precise location data …

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Trucking Fares Better Than Overall Economy, Experts Say

By / 2020-10-28

Getty Images [Ensure you have all the info you need in these unprecedented times. Subscribe now.] The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic. American Trucking Associations Chief Economist Bob Costello said the jobs report, …

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