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Spot rates for dry van, refrigerated and flatbed shipments rebounded last week after significant drops in earlier weeks. According to DAT trendlines, spot market recovery sped up the week of May 25-31. Large increases in load-to-truck ratios indicated higher demand for dry van, refrigerated and flatbed shipments. Truckload rates followed suit, rising on most lanes …
Truckload market recovery speeds up during holiday week Read More »
Article written by Ashley Coker Technology offers brokers and carriers a window into the future Technology is changing how the transportation industry works, and large broker fees are quickly becoming a thing of the past. Digital brokers and private equity firms have entered the space over the last few years, pressuring traditional brokers to lower …
Brokers can stay ahead of the market with predictive freight matching Read More »
Article written by Ashley Coker Existing technologies can be made new again Social, political and economic conditions at the national and global levels are changing at breakneck speed, and it is more important than ever to maintain clear lines of communication and information sharing across the logistics industry. Electronic data interchange (EDI) may not be …
Drayage update: The future of EDI (Video in Source) Read More »
Article written by Brian Straight Tech narrows delivery windows for complex less-than-truckload loads While Amazon (NASDAQ: AMZN) and its shipping partners like UPS (NYSE: UPS) and FedEx (NYSE: FDX) are able to tell customers where their package is at all times, the reality for most less-than-truckload (LTL) shipping is somewhat more complex. Multiple stops, drops …
Tech tracking: FourKites unveils dynamic ETA product for LTL shipments Read More »
In just a few short months, the coronavirus pandemic has transformed how supply chains are run. Companies are adapting to a new remote-work environment, and the crisis has come with a surge in shipping demand as well as constrained capacity, causing rate spikes across the industry. From February to March alone, the average rate to …
Three Benefits of Collaborative Freight Technology in a Pandemic Read More »
Article written by Aaron Huff On Friday, May 29, executives from DHL Supply Chain North America shared insights on the transportation and logistics sector of the economy amid the coronavirus pandemic. Describing the business climate as a “whirlwind,” President Jim Monkmeyer said that mixed demand for truckload and less-than-truckload shipments has resulted in carriers furloughing drivers and parking …
DHL Supply Chain execs discuss ‘whirlwind’ business climate Read More »
Deal follows Texas 3PL’s purchases of Lanehub fleet utilization tech and Yusen’s freight brokerage arm. Third party logistics provider (3PL) Transplace is staying on the acquisition trail, announcing today it has acquired ScanData Systems Inc., a provider of parcel transportation management solutions (PTMS). Terms of the deal were not disclosed. The deal comes just five months …
BluJay Solutions, a leading provider of supply chain software and services, announces the launch of its Transportation Modeling application, built in collaboration with LLamasoft, the leading provider of AI-powered supply chain analytics software. The application equips shippers with analytics to evaluate multiple scenarios and tradeoffs of making changes to operational policy and their potential to …
BluJay Launches Transportation Modeling Application Read More »
LOS ANGELES – June 2, 2020 – Omnichain™, an enterprise focused on providing intelligent supply chain process automation software, announces the appointment of Jeff Kroeker as vice president of sales and business development. With more than 30 years of experience helping companies accelerate and realize exponential growth, Kroeker will be responsible for expanding Omnichain’s sales …
Omnichain™ Adds Jeff Kroeker as Vice President of Sales & Business Development Read More »
Article written by Vishnu Rajamanickam Chinese e-commerce major Alibaba.com has announced the launch of Alibaba.com Freight, which will help small and medium-sized businesses (SMBs) to simplify the movement of their bulk freight. The freight matching service will work via a transparent dashboard that lets users instantly compare, book, manage and track ocean and air freight in real-time. …
Alibaba.com launches North American freight matching platform Read More »
