Despite a crash in truckload spot prices (approximately 50% of ECHO revenue), the freight brokerage beat analyst expectations.
The technology company will focus on appointment-making, track-and-trace, and eliminating paperwork.
The Chicago-based freight brokerage is operating at a $100 million run rate.
A healthy month-end volume uptick hasn’t tightened capacity, allowing brokers to stay in their happy place.
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.
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.
It’s an aggressive push by Deutsche to rebut the suggestion that XPO has serious accounting issues.
We spoke to executives from Trident, Avenger, Redwood, and Echo about the challenges and opportunities of the Memphis freight market, long dominated by asset-based carriers.
Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.
In spite of the prediction challenges everyone faces, what does Doug Waggoner foresee coming down the transportation pipe in 2019?
We interview project44’s new CFO, CTO and CMO as the visibility solution provider, fresh off a capital raise, prepares to scale rapidly.
On Wednesday at the Texan Gaylord Resort and Convention Center, following MarketWaves18, members of the Blockchain in Transport Alliance (BiTA) met to receive updates on the organization’s progress toward data standards, hear announcements, share feedback, and learn about the work being done by BiTA’s think thanks.
This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.
McKinsey, Goldman Sachs, Stifel Nicolaus, and Susquehanna are all in agreement that technology and data are critical for driving productivity in transportation and logistics companies. We survey recent research by the firms.
