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( Photo: C.H. Robinson ) Biesterfeld: C.H. Robinson has maintained consistent margins through multiple disruption cycles C.H. Robinson (NASDAQ: CHRW) is not afraid of Amazon’s entrance into freight brokerage and welcomes the competition, incoming chief executive officer Bob Biesterfeld told Wall Street analysts on the company’s earnings call this morning. After prepared remarks by Biesterfeld, …
Amazon.com Inc. is pushing deeper into logistics as it tries to tamp down transportation costs ahead of a pricey push into one-day shipping, raising potential concerns for freight operators that may end up competing for business with the e-commerce giant that many count as a significant customer. The online retailer has opened an online freight …
Amazon’s Freight Push Rattles Logistics Sector – WSJ – By Jennifer Smith Read More »
Kuebix Emerge Partnership Earlier this week, Scottsdale, Arizona-based Emerge, a provider of its proprietary Private Freight Marketplace (PFM) and TMS focused on accelerating productivity and increasing visibility for supply chain stakeholders, and Maynard, Mass.-based TMS provider Kuebix announced a partnership. The key elements of this partnership include the addition of the Emerge marketplace to the Kuebix …
Manhattan Associates Inc. has introduced the latest release of its Transportation Management System (TMS), with improvements to the modeling capabilities, enhancements to carrier connectivity and benchmark rating, and expanded global logistics support. Manhattan TMS is a cloud-first offering designed to help improve carrier collaboration and connectivity, delivering network-wide visibility to enable advanced strategic and operational …
Article written by John Paul Hampstead UPDATE: Amazon disputes that it is undercutting market prices. FreightWaves stands by its analysis. Additionally, this story has been updated to correct the total for Amazon’s current shipping costs to $28 billion per year. Today, freight brokers’ and carriers’ worst nightmare has come true: Amazon has quietly taken its …
Amazon’s digital freight brokerage platform goes live Read More »
Truckload freight capacity is the most highly fragmented, difficult-to-manage market segment in the transportation industry. Some 80 percent of available over-the-road truckload capacity is provided by hundreds of thousands of single-truck owner-operators and micro-carriers with 9 trucks or less. Because of this fragmentation, it’s also a market that has defied a single, over-arching technology solution. …
Image: Shutterstock Technology is disrupting the logistics industry at a breakneck pace, and brokerages are not exempt from the changes. While new technologies are intended to help companies run smoother, the implementation process can be riddled with challenges. Trucker Tools teamed with FreightWaves to host a webinar, “Don’t Get Left Behind in the Digital Brokerage …
Nathan Myer stands in front of a company banner. (Bulky) The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck. BASF Corp. and Trimac Transportation, in a joint announcement, …
BASF, Trimac Invest in New Bulk Freight-Matching Platform Bulky – Transport Topics Read More »
Electronic log provider KeepTruckin announced April 23 it has received $149 million in Series D investment funding, with the company valued at $1 billion. The latest round of funding brings KeepTruckin’s total investment capital to $228 million. The company says it will use the new round of cash to fund new hires, invest in hardware, …
KeepTruckin receives $149 M in Series D funding – CCJ – CCJ Staff Read More »
KeepTruckin Inc., whose technology helps carriers manage fleets and track driver behavior, said it has raised $149 million to build out an online freight-matching platform and other new products in an increasingly active market for digital freight services. The Series D funding round gave the six-year-old San Francisco-based startup a valuation of $1.2 billion, up …
