Mark Solomon

Roadie’s new funding round comes with an orange twist – FreightWaves – Mark Solomon

By / September 13, 2020

Delivery firm Roadie Inc. said today it has landed $37 million in funding from an investor group that includes retailing giant The Home Depot, Inc., (NYSE:HD) one of Roadie’s customers. The round, which brings Roadie’s total funding to $62 million, is unusual because retailers, and especially customers of their delivery vendors, typically shy away from …

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Truckload contract rate gains to level off, spot rates to soften in 2019, new C.H. Robinson CEO says – FreightWaves – Mark Solomon

By / September 13, 2020

The new CEO of broker and third-party logistics (3PL) provider C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) said his company expects to absorb low to mid single-digit increases in contract rates this year, while spot market rates will stay soft. In an interview Friday with FreightWaves, Robert Biesterfeld, who last week was tapped by the Eden Prairie, …

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