McLeod Software will launch a new product that uses machine learning algorithms to process inbound carrier emails in a broker’s inbox and automatically match them up with available loads.
Uber shut down its self-driving truck platform last week but promised in an exclusive interview with FreightWaves that Uber Freight was not going anywhere. Today, the company has not only confirmed that promise, but it has doubled down on the future of Uber Freight.
Piecing together the details of what comes from seed to table has never really been done successfully before. If it could be, the implications for both public health, corporate transparency, and anti-counterfeiting efforts would be huge.
The Freight Movement is in partnership with Arrive Logistics …Moving freight to its final destination starts with the ability of a shipper or broker to find available capacity. That load tendering process is rapidly changing.
Brokers continue to see more business and higher revenue, according to the latest data compiled by DAT.
Regardless of technology, the transportation industry is still built on relationships.
Increased visibility has been the vision since the idea for Truckstop.com first emerged way back in 1995.
Loss expects at leading fleets say more thought needs to go into package design to ensure cargo is well protected during transit.
Social networks can be treasure trove of information for carriers and shippers, helping them identify risky areas for goods movement, to finding employees who are putting the company at risk, and even finding stolen cargo.
UPS is planning to add 50 plug-in electric vehicles from Workhorse this year for testing with plans to add more units in 2019.
Chad Boblett has built not just a successful Facebook group, but also the largest professional online forum in the U.S. on rates and logistics in the freight industry
This year shippers will abandon low-tech brokers en masse as digital freight solutions reach their tipping point.
CSX Corp. CEO Hunter Harrison has taken a medical leave of absence from the railroad due to complications from a recent illness. Investors sold off the company stock, causing a 12% drop and $6 billion loss in company value in morning trading.
FourKites has launched its own ELD certification program that operates on an open architecture platform to help shippers and 3PLs to assist carriers in choosing ELD solutions that offer visibility into location data.
C.H. Robinson’s second quarter earnings report missed Wall Street estimates, in large part because of the rise in spot rates in the quarter which compressed margins, even though the company reported a rise of truckload and less-than-truckload volume.
Across the nation, rising freight volumes, a strong produce season and the ongoing oil boom are driving up spot rates, but how long will the current trend continue?
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.
