3PL and Brokerage

Echo Global Logistics announced it has acquired Huntington Beach, California-based 3PL FreightSaver for an undisclosed sum.

Combating fraud and making cold chain more accessible make up the tech roundup of the week.

One AI and tech-heavy, and the other is focusing on long-term growth.

Third-party logistics provider Kenco celebrated 75 years of business at its headquarters in Chattanooga, Tennessee.

Truckstop.com announced Wednesday the launch of Truckstop Private Loads, a new feature allowing freight brokers to efficiently engage their pre-vetted carrier networks with the same trust and security available on the company’s public load board.

There are a lot fewer people working at C.H. Robinson than there were two years ago.

Octup, a Tel Aviv-based AI operations platform for third-party logistics providers, has raised $12 million in seed funding co-led by Shine Capital and JAL Ventures. The investment will fuel growth, AI enhancements and North American expansion in the $1.877 trillion industry.

C.H. Robinson CEO Dave Bozeman (NASDAQ: CHRW), in releasing the company’s second quarter earnings, said it represented “six consecutive quarters of consistent outperformance through the disciplined execution of the strategy that we shared at our 2024 investor day.” The revenue figure for the company was down, in part because of the divestiture of the company’s […]

In this edition: Breaking down the Convoy sale to DAT and the rail merger of the century.