Source: DAT According to DAT Solutions, spot truckload rates for van, refrigerated, and flatbed have all seen increases since last month, with supply chain disruptions caused by COVID-19 pushing more freight to the spot market at a time when demand for truckload capacity usually declines. Shippers and freight brokers posted 8.6% more loads during the […]
Demand for Truckload Raises Rates Read More »
Article written by Matthew Elenjickal I’ve written previously about how I founded FourKites in 2014 to help shed light on the vast blind spots that exist throughout our complex and interconnected global supply chains. Our focus for the first several years was to build a state-of-the-art platform that would give the world’s biggest shippers, and their carrier
Real-Time Visibility: the Foundation for Supply Chain Automation Read More »
Article written Noi Mahoney New distribution center in Laredo will almost double capacity of previous facility Bullish on cross-border trade, FedEx Freight is expanding the size of its operations in Laredo, Texas. FedEx Freight’s new, 166-door service center will be more than 142,000 square feet, located on 61 acres, said FedEx spokesman Ron Mears. “The new service
FedEx Freight expanding cross-border operation in Laredo Read More »
Article written by Ben Ames Echo Global, BluJay say freight networks must adjust to thrive-or-survive conditions. The coronavirus pandemic may have hamstrung the nation’s economy, but as opposed to imposing a unilateral recession, its impact has created broad imbalances in freight capacity, transportation sector leaders say. Even as some sectors are nearly idled by travel
Pandemic creates peaks and valleys of demand, transportation execs say Read More »
Article written by Brian Aoaeh Company raises $6M for its AI-driven trucking marketplace The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Author’s Disclosure: I am not an investor in FleetOps, either personally or through REFASHIOND Ventures. I have no financial relationship
Commentary: FleetOps tries to solve data fragmentation issues in trucking Read More »
Article written by Brian Straight Platform Science’s approach helps third-party technology providers offer quicker ROI for fleet customers Technology providers are hyperfocused on developing solutions and providing great user experiences for customers. What many of them are not as interested in is developing the hardware to support their software. There are exceptions, of course, but
Open platforms opening up a world of opportunity for tech developers Read More »
FleetOps, a Toronto, CA-based data-driven freight marketplace, raised $6m in seed funding. The round was co-lead by Inspired Capital and Resolute Ventures, along with Hike Ventures, Basecamp Fund, Newark Venture Partners, BCF Ventures, Panache Ventures, and Brian Thomas. The company intends to use the funds to further deploy its technology and proprietary dataset to brokerages
FleetOps Raises $6M in Seed Funding Read More »
FMCSA interprets sod turfgrass as ag commodity, for now The Federal Motor Carrier Safety Administration said in a Federal Register notice published Aug. 5 that it interprets sod turfgrass as an agricultural commodity, thus allowing sod haulers to operate under the same hours of service waivers as other ag haulers. The agency, in response to an hours waiver
CCJ Daily Dispatch, Aug. 5: Sod haulers can operate under ag hours exemptions, for now Read More »
In the most recent episode of Transportation Matters, the CEO-Podcast of Daimler Trucks & Buses, Martin Daum talks with Dr. Sigrid Nikutta, CEO of DB Cargo AG and member of the Management Board of Deutsche Bahn In the most recent episode of Transportation Matters, the CEO-Podcast of Daimler Trucks & Buses, Martin Daum talks with
DEERFIELD, Ill., Aug. 5, 2020 /PRNewswire/ — Kleinschmidt Inc., a leading provider of EDI and supply chain integration solutions, today announced a technology partnership with Convoy, the most efficient digital freight network which uses machine learning and automation to connect shippers and carriers to move millions of truckloads. This partnership provides Convoy with EDI connectivity solutions to more
