Article written by Nate Tabak Big-box retailer to build two new distribution centers as part of a five-year investment. Walmart Canada plans to build two new distribution centers and bring more technology into its supply chain as part of a C$3.5 billion (US$2.6 billion) investment to grow its e-commerce and in-store operations. Walmart said it […]
Trucking giant also implements Mastery Logistics’ software into its brokerage division. Trucking and logistics provider Schneider will invest an unspecified amount of money in Mastery Logistics Systems, the cloud-based transportation management system (TMS) software startup created by former Coyote Logistics LLC CEO and co-founder Jeff Silver, the firms said today. Terms of the deal were not
Article written by Ashley Coker App-based tracking strikes balance between extremes Shippers and third-party data aggregators are pressuring brokers to step up their tracking game as economic uncertainty continues. Over the last few years, shipment tracking has shifted from a perk to an expectation. Now, subpar consistency and poor compliance are enough to cost a
Article written by Marcia Gruver Doyle Construction equipment is constantly on the move. It has to be transported, whether from a manufacturer, dealer, rental company, auction company, contractor or just from job to job. And it doesn’t come in a neat shipping container. It can require specialized equipment to load and transport, special permits, a pilot
Article written by Timothy Dooner On today’s episode, Dooner and The Dude talk about scorching summer freight volumes, Redwood’s latest push to connect digital platforms, carrier/shipper pricing strategy, electric fleets, and #PlayItForward with a new trucking tune. They also wonder what the world of freight would be like were everything made of cake. They’re joined
Article written by Brian Aoaeh The next level of artificial intelligence 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 Optimal Dynamics, either personally or through REFASHIOND Ventures. I have no financial relationship with
Article written by David Edwards XPO Logistics has been selected by pub retailer and brewer Greene King to manage dedicated warehousing and distribution for Greene King’s secondary drinks channel. XPO will provide innovative logistics services from five warehouses distributing to retail pubs and restaurants, including Pub Partner independent licensees and on-trade trade customers. UK-based Greene King
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q2 2020 Earnings Conference Call July 16, 2020 5:00 PM ET Company Participants Brad Delco – Vice President of Finance and Investor Relations John Roberts – Chief Executive Officer John Kuhlow – Interim Chief Financial Officer Darren Field – President of Intermodal Shelley Simpson – Chief Commercial Officer Nick Hobbs –
Article written by Aaron Huff This is the second installment of a two-part series on how the free market responded to the COVID-19 crisis. Part 1 explored pricing volatility experienced by carriers, 3PLs and shippers. This article delves into the hot-button issue of rate transparency. When negotiating rates, shippers, 3PLs and carriers have access to the same
Article written by Nathan Owens Graphs showing J.B. Hunt second quarter information. J.B. Hunt Transport Services Inc. on Thursday reported a second quarter profit of $121.7 million, down 9% from a year ago. Despite challenges experienced at the start of the quarter ending June 30, results beat Wall Street’s expectations. Revenue fell 5% to $2.15