At 12, Drew McElroy was in trucking. His parents ran a freight brokerage operation out of a spare bedroom in Milltown, New Jersey—connecting truck owners to companies that needed to move goods—and he helped out by working the phones. Fifteen years later, a light bulb went off. Weren’t truck brokers doing the same thing that …
GlobalTranz’s leadership in transition. ( Photo: GlobalTranz ) GlobalTranz, a top 10 3PL, announced this week that Chief Executive Officer Bob Farrell would transition to Executive Chairman and that Chief Financial Officer Renee Krug would become GlobalTranz’s new CEO. FreightWaves spoke to Farrell and Krug about GlobalTranz’s exponential growth over the past three years, its …
GlobalTranz’s Krug and Farrell on 2019: “lots of acquisitions in the pipeline” Read More »
Trucker Tools, a provider of shipment visibility, carrier capacity management and predictive freight-matching applications, announced that Tailwind Transportation Software has integrated its Smart Capacity platform into the Pro and Enterprise TMS subscription tiers of Tailwind. Tailwind Transportation Software deploys a web-based TMS platform available by monthly subscription for freight brokers and small fleets. “We focus …
McLeod Software announced the latest 18.2 version of LoadMaster and PowerBroker with new ERP functionality for truckload carriers, LTL carriers, brokers and 3PLs fall in these areas: Detention management Version 18.2 of LoadMaster, for motor carriers, has an improved Detention Management module that automatically warns a customer of potential detention problems before they happen. This …
Millbrae, California-based Cargo Chief showcased their C4 platform at MarketWaves 18. C4 is a system that enables carriers to share available capacity to shippers. C4 then uses this information to match shippers with their existing carriers without having to rely on untrusted contracts. Customers of C4 can enter the details of their load into the …
Echo Global Logistics–number 20 on the FreightTech Top 25 list for 2018–is wrapping up the year by rolling out an update to its EchoShip service targeted at the LTL market. There aren’t many details on the rollout, though Echo Global, one of the largest 3PL companies, provided FreightWaves with a link to a video about …
FreightTech 25: Echo Global rolling out an updated tool for its LTL business Read More »
Drayage is one of the most opaque, inefficient segments in the American trucking industry, dominated by small, undercapitalized carriers using yesterday’s technology. What is drayage? It typically refers to the transport of freight a short distance between ports and warehouses as part of an intermodal network. The lack of visibility into this market contributes to …
Drayage is opaque, inefficient, and ripe for digitization Read More »
Though technology has made definitive inroads over the years in the trucking industry, little has changed within the ERP software vertical, as even the largest carriers run their operations through green screen technology from the 1980s. McLeod Software is at the brink of technology disruption, helping carriers, brokers, and 3PLs to move from the archaic …
Digital freight brokers Convoy and Uber Freight have separately launched new tools intended to make pricing options for hauling loads more transparent for shippers. Convoy Shipper Platform 2.0 includes Market Outlook, which shows shippers current and future trends by region. Also, it adds a feature called Lane Network, which gives shippers real-time data about changes …
Transport Topics – Two Digital Freight Brokers Focus on Price Transparency for Shippers Read More »
Last week both Uber Freight and Convoy released new data-driven products meant to help shippers understand trends in freight markets. The competition between the two large digital brokerages appears to be heating up and is driving a new wave of technological innovation, creating more transparency and smoothing out information asymmetries. On Thursday, Uber Freight released …
