Article written by Deborah Lockridge April spot freight rates are the lowest in four to five years.Graphic: DAT Solutions As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available dropped rapidly. By the second half of April, spot-market …
Do Low Spot Freight Rates Mean Brokers Are Gouging Truckers? Read More »
Nathan Myer stands in front of a company banner. (Bulky) The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck. BASF Corp. and Trimac Transportation, in a joint announcement, …
BASF, Trimac Invest in New Bulk Freight-Matching Platform Bulky – Transport Topics Read More »
Trent Broberg. ( Photo: Truckstop.com ) At the Transportation Intermediaries Association conference last week, freight marketplace Truckstop.com announced that it was promoting general manager and vice president of customer success Trent Broberg to chief operating officer (COO). Broberg spoke to FreightWaves about his new role and the direction Truckstop.com was moving in the future, especially …
( Photo: Shutterstock ) FreightWaves is covering the Transportation Intermediaries Association’s 2019 Capital Ideas conference in Orlando, Florida. On the afternoon of April 11, Drew McElroy, chief executive officer of New York City-based digital freight brokerage Transfix, sat down for an interview. Transfix’s business is going well. McElroy said the company is posting positive gross …
Bob Biesterfeld is taking over at C.H. Robinson for John Wiehoff, who will become chairman of the Board. Photo ILLustration: Jim Allen/FreightWaves Bob Biesterfeld will succeed John Wiehoff as CEO of C.H. Robinson (NASDAQ: CHRW), one of the world’s largest third-party logistics companies. Biesterfeld, a 20-year company veteran who was named chief operating officer in …
Biesterfeld takes over helm of C.H. Robinson from Wiehoff – FreightWaves Staff Read More »
Digital networks between trusted partners will make freight procurement automatic and proactive, according to Noam Frankel, who launched a pioneering freight brokerage American Backhaulers and now is CEO of FreightFriend. “Finding trucks is still too labor intensive,” Frankel tells FreightWaves. “The stage is set for digital freight capacity exchanges.” Throughout his logistics career, Frankel developed …
FreightFriend seeks to be the LinkedIn of freight matching – FreightWaves – Chad Prevost Read More »
Panelists (from left) Jason Kerner of Project 44, Robert Nathan of LoadDelivered, Tom Heine of Aljex Software, Noam Frankel of FreightFriend, Scott Moscrip of Truckstop.com and moderator Ramona Hood of FedEx Supply Chain. (Daniel P. Bearth/TT) PALM DESERT, Calif. — Automation isn’t just for trucks. There was plenty of evidence at the Transportation Intermediaries Association …
Freight Brokers Using Technology to Automate Processes – Transport Topics Read More »
Convoy, backed by billionaire tech pioneers Jeff Bezos and Bill Gates, and Uber Freight, an offshoot of the globally disruptive ride-sharing giant, are trying to grab a slice of the fragmented US truck brokerage market, taking different routes to lure skeptical drivers and capacity-hungry shippers. The two technology startups are attempting to persuade US shippers …
BOCA RATON, Fla.–(BUSINESS WIRE)–Aug. 18, 2005–Power2Ship, Inc. (OTCBB:PWRI) a Logistics Web-based Collaborative Marketplace for the freight transportation industry and related Homeland Security programs, announced that it has completed the application process and become a member of the prestigious Transportation Intermediaries Association (TIA) based in Alexandria, VA. TIA is the United States representative for the International …
