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Industry Articles – Page 44 – DFM DATA CORP.

Industry Articles

MiX Telematics Applaud the Efforts of the Supply Chain and Trucking Industry During the Lockdown

By / 2020-09-13

JOHANNESBURG, May 26, 2020 /PRNewswire/ — MiX Telematics (JSE: MIX,NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), released statistics that indicate that the lockdown has had a positive effect on vehicle crime and road-related incidents mainly due to the 74% decline in vehicle usage and the heightened visibility of police. As expected, …

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TIA report: Broker gross margin way down in Q1 from a year earlier

By / 2020-09-13

Article written by John Kingston While brokers are under attack from some quarters of the network of drivers who are dealing with low truck rates, a quarterly report spells out how the 3PLs took a hit in the first quarter. The recently released report from the Transportation Intermediaries Association shows a decline in most margins …

TIA report: Broker gross margin way down in Q1 from a year earlier Read More »

Carriers in strongest power position of past 2 months

By / 2020-09-13

Article written by Andrew Cox This week’s DHL Supply Chain Pricing Power Index: 20 (Shippers) Last week’s DHL Supply Chain Pricing Power Index: 15 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 50 (Balanced) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for …

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Omnitracs and McLeod Software Extend Partnership to Bring More Functionality and Increased Flexibility to Customers

By / 2020-09-13

DALLAS–(Business Wire)–Omnitracs, LLC, the global pioneer of fleet management solutions to transportation and logistics companies, today announced an integration with McLeod Software, a provider of transportation management and trucking software solutions to the trucking industry. The integration with the McLeod LoadMaster transportation management system (TMS) will enhance the interoperability of the Omnitracs One platform, delivering more value …

Omnitracs and McLeod Software Extend Partnership to Bring More Functionality and Increased Flexibility to Customers Read More »

Loadsmart Launches Multimodal Services to Enable Maximum Visibility From the Port to the Road

By / 2020-09-13

New Solution Adds Transload Services to Power Instant Execution and Seamless Transparency Across Full Shipment Lifecycle NEW YORK, May 20, 2020 /PRNewswire/ — Loadsmart, a digital freight technology company, today announced the launch of its Multimodal Services offering, which bridges port drayage, transload and over-the-road truckload shipping. Shippers will now be able to instantly execute multimodal shipments and …

Loadsmart Launches Multimodal Services to Enable Maximum Visibility From the Port to the Road Read More »

Sleek Fleet Launches Proprietary Machine Learning Platform to Find Perfect Driver for Every Truck Load

By / 2020-09-13

Scalable machine learning platform, Sleek Match Engine, powers automatic load distribution for Sleek Fleet shipper customers and registered carriers, fueling company growth. CHICAGO, May 19, 2020 /PRNewswire/ — Sleek Fleet, a transportation technology company, is excited to announce the launch of their proprietary machine learning (ML) engine, Sleek Match Engine. Sleek Match Engine uses millions of truck location points, …

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UPS Capital & AscendTMS Deliver Instant Cargo Insurance For Truckload, Partial and LTL In AscendTMS

By / 2020-09-13

InMotion Global, Inc. announced today that AscendTMS, the world’s number one rated transportation management software (TMS), has achieved another industry first for logistics professionals by adding a myriad real-time cargo insurance coverage options from UPS Capital, a subsidiary of UPS (NYSE: UPS), within AscendTMS. UPS Capital connected its suite of shipping insurance APIs into AscendTMS …

UPS Capital & AscendTMS Deliver Instant Cargo Insurance For Truckload, Partial and LTL In AscendTMS Read More »

Aiming to lock down truckload capacity, Amazon goes nationwide with its freight brokerage

By / 2020-09-13

Article written by James Jaillet Amazon this month rolled out its freight brokerage operation nationwide, a strategic move that not only brings the company into competition with other large digital brokerages like Uber Freight and Convoy, but that also is intended to give the company leverage over its retailer and shipper rivals during peak shipping seasons. The …

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Covenant Transportation Group Announces First Quarter Financial and Operating Results

By / 2020-09-13

CHATTANOOGA, Tenn., May 19, 2020 (GLOBE NEWSWIRE) — Covenant Transportation Group, Inc.  (NASDAQ/GS: CVTI) (“CTG”) announced today financial and operating results for the first quarter ended March 31, 2020. Highlights for the quarter included the following: Total revenue of $213.6 million, a decrease of 2.6% compared with the first quarter of 2019. Freight revenue of …

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