The Cass Freight Index fell to its lowest level for 2019 in the month of December, with the shipments component of the index falling 7.9% and the expenditures component declining 6.2% year-over-year. “It wasn’t the prettiest month for the Cass Index, which means it wasn’t the best month in the freight world. Both the shipments […]
Cass Freight Index Dips To 2019 Low In December Read More »
Shippers and 3PLs can use the cloud-based Bid$ense to quickly lock in contract rates.Photo: Tom Fisk via Pexels SMC3 has added truckload capabilities to BidSense, its transportation request for proposal (RFP) automation and price negotiation software. The cloud-based software is used by both shippers and 3PLs to lock in contract rates and manage bid events
SMC3 Adds Truckload Freight Procurement Solution Read More »
With real-time shared data between all supply chain partners, the restaurant supply chain is more transparent and efficient than ever, driving down inventory and waste, while improving freshness and customer satisfaction. Significant Value Awaits Restaurant Companies That Exploit A Real-Time, Multi-Party Cloud Platform Network Effect happens when users join a platform and as a result, everyone
How Restaurant Supply Chains Can Achieve A Network Effect Read More »
In this episode, Director of Freight Market Intelligence Zach Strickland gives you the Carrier Update presented by PowerFleet; Market Expert Donny Gilbert breaks down the headhaul index in the Broker Update; and Market Expert Anthony Smith highlights the positive correlation between consumer spending and outbound tender rejection rates. Video included in original source. Original Source:
FreightWaves NOW: Understanding The Consumer's Role In The Freight Industry Read More »
Strategic document could serve as foundation for future project funding. David Sparkman The federal government seems to have finally gotten around to developing a National Freight Strategic Plan (NFSP) to guide funding priorities for transportation infrastructure projects. Development of such a plan was called for by Congress in highway funding legislation that was enacted in
DOT Seeks Comments on Freight Plan Read More »
Salesforce, Publicis Sapient, IBM Services, project44 and Flooid collaborate to help solve retailers’ returns, omnichannel and logistics challenges NEW YORK, Jan. 13, 2020 /PRNewswire/ — Today at the National Retail Federation’s 2020 Big Show, IBM (NYSE: IBM) announced that enhanced solution capabilities are being developed in collaboration with other providers for the IBM Sterling™ Supply Chain platform to help quickly solve returns, omnichannel
Lytx Gets $1 Billion From Permira; Trimble Buys Kuebix Getty Images [Stay on top of transportation news: Get TTNews in your inbox.] Technology companies that specialize in trucking-related services made two announcements that may significantly impact the industry. Lytx Inc., the San Diego-based company whose systems monitor commercial vehicles with cloud-based video technology, has received a
Telematics Industry Starts 2020 With Major Investment, Acquisition Read More »
Combined cloud platform to create the largest connected network of shippers and carriers in the North American supply chain, improving resource utilization and reducing costs. Trimble (NASDAQ: TRMB) announced today it has signed a definitive agreement to acquire privately-held Kuebix, a leading transportation management system (TMS) provider and creator of North America’s largest connected shipping community.
A Convoy booth at an industry trade show. (John Sommers II for Transport Topics) [Stay on top of transportation news: Get TTNews in your inbox.] Services that rely on artificial intelligence to handle financial and broker-related transactions are making inroads in trucking, in some cases taking over manual processes that for years relied on human hands.
Convoy Says AI Now Fully Runs Its Load-Matching and Brokering Read More »
Trident’s brokerage floor in Chattanooga. (Photo: FreightWaves) If it seems that freight brokerage – both digital and traditional services are popping up on a daily basis, it could be because they are – or it at least it seems that way. Digital freight matchers (DFMs) include familiar names such as J.B. Hunt 360, Convoy, Transfix,
12 tips for freight brokerage success Read More »
