Radiant Logistics posts a good quarter, but warns that peak shipping season isn’t shaping up heading into the holidays.
Logistics and analytics are a perfect marriage, U.S. Chamber wants action not words on trade. Central casting fails at UPS as CEO heir apparent unexpectedly retires.
Transplace announced continued improvements in its payment processing platform. Through its ongoing collaboration with TriumphPay and Bank of America, the company said that continued progress is being made in improving speed, security and accuracy of payment processing on its platform.
Sunset Transportation, a St. Louis-based third-party logistics (3PL) provider, recently opened a new customs brokerage office and warehouse facility at the U.S.-Mexico border in Laredo, Texas. The new Laredo branch […]
John “JT” Engstrom has spent 10 years studying the freight world. Here’s what he learned:
Meier will work with Bobby Harris on developing and executing a long-term vision for BlueGrace.
TIA President is excited to see what the future holds for the 3PL industry.
The seventh annual Games were the biggest yet.
eBay’s Managed Delivery will outsource warehousing, transport, and packaging services.
All of the carriers on Transplace’s platform will integrate with Descartes MacroPoint by January 2020.
GTZamp automates multi-movement routes, offering loads to drivers based on an ever-growing number of attributes.
In partnership with Carggo… small freight brokers now have a white-label solution for automated load matching.
Transport honchos see better times in 2nd half–maybe
DHL Supply plans a 40% expansion of its US healthcare and life sciences footprint
FreightWaves is partnering with TIA to host a complimentary hour-long webinar on Tuesday, June 25 at 2pm EDT to address everything you need to know about Trucking Freight Futures and how they can be applied uniquely to your business.
The good news is that Evan Armstrong of Armstrong & Associates thinks that U.S. third-party logistics providers’ (3PLs) revenues will grow at a 7.7 percent compound annual growth rate (CAGR) […]
Transfix, the venture capital-backed digital freight marketplace based in New York City, announced that Ahmad El-Dardiry joined the company as its new chief revenue officer. El-Dardiry comes to Transfix from […]
Justin Hall has left the chief customer officer post at YRC almost 3 years to the day that he took the newly created job.
Over the last decade, J.B. Hunt has not only tripled in size, but has evolved from a big truckload and intermodal operator to offering dedicated services and what has turned […]
Leading transportation management and logistics service provider SEND Transportation has integrated Trucker Tools’ Smart Capacity into its operations.
Widening margins in NAST, especially truckload brokerage, led the way for Robinson.
Amazon could build a zero-margin equivalent of C.H. Robinson inside the ‘shipping costs’ line on its P&L without anyone noticing.
Amazon could build a zero-margin equivalent of C.H. Robinson inside the ‘shipping costs’ line on its P&L without anyone noticing.
Wintrust’s working capital lines of credit leave brokerages with more control than equity raises and have lower cost-of-capital than factoring.
E-commerce has changed consumer buying habits, but it has also changed the supply chain for less-than-truckload carriers, who have had to adapt in various ways to keep pace.
Noatum to dramatically increase global footprint.
Big data is opening up opportunities for shippers of all sizes, and used properly, it can help reduce shipping rates and improve customer service.
90% of U.S.-based Fortune 500 companies seek assistance from one or more 3PLs.
High-growth business models make sourcing talent even more difficult for freight brokerages.
Mexico’s current economic boom is providing business for the country’s cross-border shipping industry, but also emphasizing the industry’s growing pains.
CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the Milgram & Co. integration.
DHL showcased its Resilience360 platform at the 2019 LINK Conference in Orlando
BlueGrace Logistics celebrated its 10-year anniversary on February 22. Founded in 2009 with only eight employees, the company currently has 600 employees and is one of the largest third-party logistics (3PL) providers in the United States.
Bob Biesterfeld will succeed John Wiehoff as CEO of C.H. Robinson, one of the world’s largest third-party logistics companies.
Today’s selloff on soft revenue growth guidance went too far, according to Stifel’s Bruce Chan and Susquehanna’s Bascome Majors.
ECHO pivoted away from the spot market and also leaned into LTL.
The Transportation Intermediaries Association (TIA) announced the appointment of three new vice presidents as part of its ongoing growth plans. With over 1,700 members, the association is the leading organization devoted to the North American third-party logistics (3PL) industry.
After a day of choppy trading, a consensus seemed to emerge that CHRW was well-positioned to grow net revenues even in a re-balancing freight market.
CHRW grew earnings per share by 24%, top line revenue by 4.5%; and net revenues by 13%.
Spot-heavy 3PLs are looking for freight while brokers with good contract relationships are getting rewarded.
Sponsored by Redwood LogisticsWhile Redwood has moved freight in and out of the Southeast for quite some time, this acquisition provides the company with strong operational presence in the region. This geographical expansion is a key component of Redwood’s overall acquisition strategy.
Morgan Stanley likes asset-based carriers while Stifel is bullish on 3PLs, and the banks don’t agree on what the business risks to C.H. Robinson are.
Full digital automation of shipping processes may be on the way, but what are the intermediary steps leading us there?
Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25.
Syfan Logistics, a third-party logistics and transportation company, has joined the Blockchain in Transport Alliance (BiTA).
Two high school friends, one from Access America and one from JB Hunt, founded a successful brokerage in Knoxville full of supply chain management grads. And they love SONAR.
High spot market trucking rates have caused more carriers to move to that market, but the majority of carriers in a new Transporeon Group survey have remained loyal to their shippers.
R2 Logistics, Inc., a customer-focused third-party logistics (3PL) service provider, is the latest member of the Blockchain in Transport Alliance (BiTA).
Adrian Gonzalez, President of Adelante SCM explained that in order to compete in the ever-changing logistics environment, the best thing companies can do is define their own competitive weapon.
Team Worldwide, a diversified global logistics provider that offers “best in class” logistics, freight forwarding, customs brokerage, truck transportation and other solutions for its customers around the globe, has joined the Blockchain in Transport Alliance (BiTA).
Hub Group was looking at alternatives for Mode Transportation
Redwood Logistics recently announced the launch of Redwood Mexico, a new service aimed at untangling the complicated process of shipping to and from Mexico.
Revenue growth for the ocean and air 3PL was strong, but margins at Expeditors tightened.
The asset light logistics provider had financial records across the board and in a driver squeeze, added capacity.
The 3PL company saw its revenue climb in both its key units, with its services in demand in a tight market.
There are many services that shippers can outsource, including warehouse operations, and doing so can provide added value to the shipper through expertise that 3PLs can provide.
When a 3PL is involved in moving goods, there are a number of liability areas where that 3PL could be held responsible, from the actions of the carrier to condition of the goods.
Transplace, a leading provider of transportation management services and logistics technology solutions, today announced that it has joined the Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world.
St. Charles, IL-based Simple Logistics is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).
Rail Delivery Services, a premier provider of intermodal drayage, dedicated trucking, and consolidation services, has joined the BlockChain in Transport Alliance (BiTA).
Automation and digitization continue to infiltrate the shipper and 3PL markets, even as those industries lag in investment, according to a study conducted by Infosys Consulting and presented during a Stifel conference call on Tuesday.
Penn State issued its 22nd annual 3PL study and the overriding theme was about the importance of data transparency in the supply-chain. Shippers are demanding more transparency in all of their vendors, but since logistics is the life-blood of a supply-chain, 3PLs must accelerate their investments and offerings for shippers.
In the future, trailer pools may no longer be the domain of truck large truckload fleets. Could they disrupt the LTL market as well and might brokers and 3PLs be able to take advantage?
When capacity is tight, spot market rates increase, and that hurts brokers. There are other factors that affect rates, of course, but 3PLs have had few options to manage the underlying fundamentals that so negatively hurt their businesses. That is about to change.
