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XPO to split its warehousing and trucking units into two companies

DFM Commentary: XPO is making a strategic move to separate divisions into two companies that organize around similar characteristics. Digital freight brokerage and the LTL business have similar operating cadences and are being combined into XPORemainCo. The move is likely to unlock some value creation for stockholders through the potential for improved valuation multiples. The …

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Shipping Industry Disruptor Flock Freight Announces $113.5M Series C Funding Led by SoftBank Vision Fund 2

DFM Commentary: Flock Freight has developed improved automation of LTL shipment matching for shippers. It appears to be an enhanced variation of dynamic freight matching that takes into account shipment size, and pickup and destination locations. As with other dynamic/digital freight matching solutions, it has the ability to cut greenhouse gas emissions with the proper …

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Ryder Systems, Inc.

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and commercial fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some of the world’s most-recognized …

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Top 250 acquisition deal as Penske acquires 2,000-truck Black Horse

DFM Commentary: Top carriers are continuing to grow their footprint in geographies and industries by acquisitions. As the big get bigger, small and medium sized carriers and brokers need to “up their game” and have clear points of differentiation for customers and be pursuing efficiencies to improve margins and flexibility. Carrier health and profitability could …

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MyCarrierTMS

MyCarrierTMS streamlines your freight management process: • Your negotiated carrier rates presented in a free and easy-to-use interface • Save commodity specifications and location delivery requirements on a per shipment level • Choose carrier, book shipment, and create freight documents like bill of lading and shipping labels • Real-time tracking of all shipments booked through …

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Aurora

Aurora works at the intersection of rigorous engineering and applied machine learning to address one of the most challenging, important, and interesting opportunities of our generation: transforming the way people and goods move. Founded by three of the world’s leaders of the self-driving vehicle industry, we design the software and hardware that will power the …

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V-shaped recovery shifts capacity strategies of shippers, carriers, brokers

DFM Commentary: Capacity and pricing in the spot freight market continue to be volatile with shipper industry winners and losers due to Covid-19 driving the change. The spot market and dynamic/digital freight matching are accelerating already fast growth. New dynamic freight matching brokerages seem to enter the market weekly. The growing overlap in load and …

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Future Technologies in Supply Chain and Logistics

DFM Commentary: The twin driving rationales of keeping pace with customer demands and the constant pressure for operational efficiency push freight transportation companies to evaluate and new technology. Most of the technologies require digitalization of the old analog processes, transactions, and documents. Gathering data is the easy part of improved efficiency and decision making. Cleaning …

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3 Benefits of Working with a Freight Broker

DFM Commentary: The key point of this blog article is that technology married with knowledgeable and dependable brokers provide shipper customers with the maximum benefit. Technology can enhance visibility and speed in the transaction and any needed course corrections as the load is tendered, booked, and delivered. DFM Data’s unique solution provides the capability for …

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Kenco Logistics Celebrates Record-Breaking Freight Brokerage Sales, Continues to Expand Capabilities

DFM Commentary: The linked article/press release is one of many signs that the dynamic/digital freight brokerage model continues to grow and take market share. The speed and efficiency benefits of digitization coupled with professional, reliable customer care create a strong formula for success. As digitization and duplicated load and transport capacity data expands in the …

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