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50 CNBC Disruptors No. 47: Convoy

By / 2020-09-13

Founders: Dan Lewis (CEO), Grant Goodale Launched: 2015 Headquarters: Seattle Funding: $685 million Valuation: $2.7 billion (PitchBook) Key technologies: Cloud computing, explainable AI, machine learning Industry: Transportation, logistics Previous appearances on Disruptor 50 List: 1 (No. 11 in 2019) George Kavallines This Seattle-based company has developed an on-demand technology platform that enables trucking companies and shippers to connect via an app instead of relying on …

50 CNBC Disruptors No. 47: Convoy Read More »

DAT: Spot market stabilizes to pre-COVID-19 levels

By / 2020-09-13

After bottoming out at the beginning of May, truckload freight volumes recovered to pre-COVID-19 levels and largely returned to seasonal patterns in the second half of the month, according to DAT Freight & Analytics, which operates the industry’s largest online marketplace for spot truckload freight. Reefer and flatbed numbers ended up positive month over month, with van rates and volume down slightly due …

DAT: Spot market stabilizes to pre-COVID-19 levels Read More »

Volumes surge, carriers break even and seek help from tech

By / 2020-09-13

Article written by Corrie White Extended carrier update with insights from industry experts at Powerfleet and Freightwaves Make no mistake – freight volumes are on the rise, but the movement of goods appears to be rooted in warehouse and inventory redistribution instead of consumer-facing activity. Rates are therefore still suppressed, and capacity remains loose. To …

Volumes surge, carriers break even and seek help from tech Read More »

The freight awakening? Demand roars back to life, though potential ditches lie ahead

By / 2020-09-13

Article written by James Jillet Though pivotal months remain ahead in the economy’s trek out of the COVID-19 recession, there’s been a pop in freight demand, particularly on the spot market, since late May. In recent weeks, freight demand has sprang back to life and started to build momentum, shaking off the shockwaves of the COVID-19 outbreak …

The freight awakening? Demand roars back to life, though potential ditches lie ahead Read More »

Omnitracs, McLeod Software extend partnership

By / 2020-09-13

Article written by David Sickels Omnitracs, LLC has announced an integration with McLeod Software. The integration with the McLeod LoadMaster transportation management system (TMS) will enhance the interoperability of the Omnitracs One platform, the company says. The company says the Omnitracs One platform was designed with a flexible, open API ecosystem that ensures that customers have access …

Omnitracs, McLeod Software extend partnership Read More »

Report: Commercial traffic bouncing back to pre-pandemic levels

By / 2020-09-13

Article written by Don McLoud Industrial internet-of-things company Samsara reports that commercial traffic on the nation’s roads has almost returned to pre-pandemic levels. A new report from the fleet-management technology firm shows that, on average, states are 95 percent away from commercial traffic levels experienced before the coronavirus led to shutdown orders across the country. States that had shorter …

Report: Commercial traffic bouncing back to pre-pandemic levels Read More »

Carriers gain customer and credit options as volumes surge

By / 2020-09-13

Article written by Corrie White Pilot Company’s new Axle Fuel Card promises flexibility and benefits As the United States reopens its economy and quarantined consumers return to quasi-normal behaviors with their stimulus checks, overall freight volumes are surging. While capacity remains loose, rates are rebounding from their low levels. This could be due to the …

Carriers gain customer and credit options as volumes surge Read More »

Truckload freight volumes recovered to pre-Covid levels at end of May

By / 2020-09-13

Spot rates still depressed as businesses begin to reopen, DAT Solutions says. Truckload freight volumes “bottomed out” at the beginning of May, but have since recovered to pre-pandemic levels and largely returned to seasonal patterns in the second half of the month, according to an analysis by the online freight marketplace operator DAT Solutions LLC. The …

Truckload freight volumes recovered to pre-Covid levels at end of May Read More »

Carrier Profile: Those who deliver—Knight Transportation

By / 2020-09-13

Article written by Lyndon Finney Dave Jackson honoring Joseph Philpot on Philpot’s 4 Million Mile accomplishment with Knight Transportation. (Courtesy: Knight Transportation) If professional truck drivers are called — and well they should be — “Knights of the Highway,” then there is a transportation company in Arizona that should be a knight among carriers. We’re …

Carrier Profile: Those who deliver—Knight Transportation Read More »

Carriers accelerate tech strategies to emerge stronger from crisis

By / 2020-09-13

Article written by Aaron Huff Editor’s note: This is the first of a two-part series on how carriers have accelerated their use of technology to be more nimble and responsive during the COVID-19 pandemic. Part 2 will run next week. The coronavirus pandemic that began in March and continued unabated through the present has been one of …

Carriers accelerate tech strategies to emerge stronger from crisis Read More »

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