Now in its third year, the FreightTech 100 shines a spotlight on some of the most innovative companies across the industry, featuring both young startups and household names.
Flock Freight has added 50 new team members since June.
The coronavirus pandemic continues to amplify that pressure as 2020 drags on.
While companies across the country struggled with the learning curve that accompanies remote work arrangements, truck drivers continued to move our medications and essential goods from one point to the next.
The Trucker Tools driver mobile app was introduced in 2013, and new features have been added continuously over the past several years.
Some of the most disruptive companies in the logistics industry came together to show off their latest products and solutions during American Shipper’s first-ever Global Trade Tech summit.
Shared truckload offers shippers the opportunity to utilize truckload services to deliver partial shipments – without leaving part of the trailer empty.
Infrastructure can be damaged after a disaster, so the ability to know where something is without picking up the phone is important.
The port is a top choice for Fortune 100 companies that have been integral to the country’s pandemic response.
Shared truckload alleviates LTL pain points
Some of today’s most innovative and disruptive companies in the logistics industry showed off their products during FreightWaves’ first virtual Carrier Summit on Wednesday.
Many shippers have encountered fulfillment issues and transportation breakdowns as consumer demand for their products surged.
Rentals allow companies to expand their fleet in order to capitalize on short-term opportunities.
The uptick in shared loads should prompt companies to consider how their dock operations can be optimized for maximum efficiency.
Subpar consistency and poor compliance are enough to cost a brokerage its profitability and, ultimately, the company’s life.
When different systems are being used to perform each task, syncing up those systems ranges from time-consuming to impossible.
Recent market volatility could prompt carriers to choose leasing over buying as they build their fleets back up to meet rebounding demand.
The concept of shared truckload isn’t new, but technological advancements in the space make the method more viable than ever.
The best time to build on your company’s offerings through acquisitions may actually be during a global disruption.
Companies and governments should be prepared to work together as blockchain becomes a more prevalent part of both entities’ operations.
The coronavirus exposed inefficiencies in almost every corner of life and business — including logistics.
The uncertainty that accompanies a disaster can shake a network to its core. There are ways to build a more resilient team.
Liftgates put a huge strain on a truck’s auxiliary batteries, upping the chances of inoperable equipment and dead trucks.
Brokers must stay ahead of the curve even in the best of times. In the midst of global market disruption, that becomes an even more important part of staying afloat.
New technology is popping up everywhere, but the venerable and prominent EDI still has plenty to offer.
FreightWaves teamed up with Gulf Winds International to discuss how massive jury awards are taking a lasting toll on carriers.
In some states, companies are now allowed to bring their employees back into the building. That process may end up being far more complex than anticipated.
The coronavirus pandemic caught the world off guard, and it has ratcheted up the pressure on 3PLs and brokers to quickly adapt and employ new technologies.
The second day of FreightWaves LIVE @HOME was packed with thought-provoking speakers, innovative company demos and special recognition for the Shipper of Choice Award winners.
“Wait times reflect the sense of urgency a shipper has for loading or unloading a carrier,” FreightWaves Director of Freight Market Intelligence Zach Strickland said.
FreightWaves LIVE @ HOME will still feature the rapid fire demonstrations that FreightWaves events are known for, giving companies across the industry a chance to showcase their most innovative products.
The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo.
North American railroad leaders believe that the industry is resilient and have reported ongoing demand for rail services.
FreightWaves LIVE @ HOME will still feature the rapid fire demonstrations that FreightWaves events are known for.
Knowing exactly where shipments are and when they will arrive is more important now than ever.
Drivers have historically been hesitant to download tracking apps due to privacy concerns and “app overload.”
Americans are taking to their laptops instead of heading to the mall, and legacy retailers are facing the pressure to adapt to the times.
For some essential goods providers, the rush has meant booking full truckload without enough freight to fill the truck.
Leveraging data is the key to identifying supply chain transportation opportunities.
FreightWaves LIVE @ HOME will still feature the rapid fire demonstrations that FreightWaves events are known for, giving companies across the industry a chance to showcase their most innovative products in a fast and fun environment.
Companies have to work harder than ever to differentiate their offerings from all the other tools and applications flooding the market.
When companies are moving midsize loads, it can be almost impossible to find that balance within the traditional full truckload (FTL) and less-than-truckload (LTL) models.
Program members will have several opportunities to network in Orlando next week.
Program members will have several opportunities to network in Orlando next week.
Electricity constraints are a barrier to the adoption of new technology.
The Truckload Carriers Association (TCA) will bring an opportunity for education and networking to for-hire carriers, private fleets, associates and driver-training school members, as well as prospects, next month.
The Truckload Carriers Association (TCA) will bring an opportunity for education and networking to for-hire carriers, private fleets, associates and driver-training school members, as well as prospects, next month.
The ramifications of 2019 will come in the form of shrinking capacity, pushing rates up as supply falls to meet demand instead of dwarfing it.
Check-in calls have long been a pain point for carriers and brokers alike. It is possible to reduce these calls while also improving customer service.
As more and more carriers close up shop, leasing equipment has become a gamble that some companies may not want to take.
Companies like hospitals and automotive manufacturers often need to receive equipment and other goods within a short window of time to avoid operational shutdowns. For these companies, service failures are terrifying.
The face of the freight brokerage industry has evolved over the past several years, and veteran brokerages have been forced to rethink their technology strategies in order to keep up.
Any carrier still running AOBRDs is running the risk of hefty fines and being placed out of service during highway inspections.
There will not be a soft enforcement or grace period for noncompliant carriers.
A few holdouts have yet to make the transition from AOBRDs to ELDs.
Drivers often suffer from so-called app overload. This leads to a cluttered phone screen and an irritated driver.
Target Corporation (NYSE: TGT) saw its stock surge after the retailer reported sales growth and traffic surges for both its physical stores and its digital offerings.
In order to compete with other industries, carriers need to offer drivers a way to get what they are looking for out of the job, whether that is home time, upward career movement or ownership opportunity.
The tech uproar created a prime environment for startups to enter the space, providing innovative products and disrupting the status quo.
In an industry in which every minute counts, all players can see big returns when one member of the supply chain integrates innovative technologies and efficiencies into its processes.
This year’s list includes 16 returning winners from last year’s awards and nine first-timers.
At the end of the day, logistics is still simple: “Take care of the customer and the rest will take care of itself,” Findley said.
The stagnation suggests that only the most die-hard ELD holdouts are still clinging to their old devices.
FreightWaves employs about 40 reporters across the globe, produces 10 podcasts and has launched the first streaming TV network dedicated to freight.
Rates can quickly become dated and the lack of real-time transparency in these movements can result in lost opportunities for both shippers and carriers.
Trimble misses revenue estimates for third quarter of 2019.
More carriers install ELDs as compliance deadline nears.
When brokers see their load-matching time go from a couple hours to a few minutes, the shipper and the carrier also win.
The first annual Truckload Live Summit will prepare carriers to improve their bottom line results and lower their risk profiles–even in a challenging market.
The company warned of its upcoming poor performance in September but still missed analyst’s earnings estimates.
It is no longer enough to just provide excellent service. Now, companies must provide excellent service alongside speed, transparency and convenience.
The number of carriers running AOBRDs dropped under 5% several weeks ago and has remained below that mark since, suggesting most carriers have already made the switch to ELDs.
The FreightTech 100 highlights the most innovative and disruptive companies across the freight industry, featuring both cutting-edge upstarts and top-notch traditional powers.
Despite revenue miss. IBM continued over two straight years of earnings beats.
The carriers with the fewest trucks are also the least compliant, meaning the carriers with the most to lose are the same carriers that cannot afford to lose it.
Surgeons save lives, but it is often the transportation and logistics companies working behind the scenes that make their jobs possible.
When it comes to technology, it can be difficult to differentiate between a good investment and a waste of money.
NEXT has all the hallmarks of a modern start-up – conference rooms named after superheroes, kombucha on tap and a couple of friendly office dogs.
Only 5% of carriers are still using automatic onboard recording devices (AOBRDs), according to a FreightWaves survey conducted in conjunction with EROAD and CarrierLists.
Surging wait times can threaten a carrier’s bottom line. KeepTruckin has set out to change that.
Women now make up over 10 percent of over-the-road (OTR) truck drivers, an increase of almost 30 percent.
Transparency has become something of a buzzword in the logistics industry, and that is exactly what Hangar A hopes to provide shippers with its new SaaS-based solution.
This week’s is the highest ELD compliance rate seen throughout the course of the study.
C.H. Robinson talked to thousands of shippers and carriers. What the company learned prompted them to invest $1 billion into technology.
Several updates have been made inside SONAR to improve the overall user experience.
By creating a one-stop shop, RateLinx hopes to offer shippers cost savings alongside data analysis.
About 20% of carriers still using AOBRDs are expected to hold onto the devices into December.
The three-week moving average of surveyed carriers reporting ELD compliance dropped to just 89.1%.
Delta Cargo taps three new leaders to help oversee operations, strategy and revenue.
Cathay Pacific saw double-digit drops in both tonnes of cargo carried and cargo and mail revenue freight tonne kilometres.
Waiting until the last minute to switch from AOBRDs to ELDs could cost carriers time and money.
Port Everglades has received approval to allow petroleum trucks to continue making deliveries to retail gas stations until early Monday morning or until winds reach 35 mph.
C.H. Robinson has executed thousands of shipments into Florida since Thursday.
Both retailers and FEMA are taking a wait-and-see approach to the storm at this time.
Uber Freight makes it a point to meet drivers and carriers where they are.
JetBlue is making its way back into air cargo after exiting the space in 2015.
Individual carriers may face consequences for putting off the switch to ELDs, but the overall market is not expected to take a hit.
The issue of driver coercion came up more than once at the Federal Motor Carrier Safety Administration’s (FMCSA) first public listening session regarding proposed changes to existing hours of service (HOS) regulations for drivers.
Multiple commenters expressed concern about carriers, shippers or brokers coercing drivers to operate in unsafe conditions under the proposed rules.
The race cars, and all the equipment and accessories that go along with them, have to move from racetrack to racetrack somehow.