Freight Brokerage

The seventh annual Games were the biggest yet.

Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.

Ben Thrower writes about nearshoring manufacturing, which has gone on for decades. He also writes about the potential for nearshoring services, a new opportunity for both U.S. and Latin American businesses.

Companies that build a dedicated M&A program return more value to shareholders.

Landstar missed the bottom-end of its guidance range as expected. The company sees weakness in truckload fundamentals continuing through the third quarter.

ECHO faced a tough quarter with soft spot volumes and unexpected tightness in June.

SunteckTTS, a top 10 brokerage, is reportedly looking for a 10x EBITDA multiple.

Capacity has returned to freight markets and spot rates are falling against “contract.”

Michigan State University and the FreightWaves Freight Intel Group have developed research on spot market freight. Read about that research here.

All of the carriers on Transplace’s platform will integrate with Descartes MacroPoint by January 2020.

Rivigo, a freight and logistics startup in India, has raised $65 million in a Series E round led by existing investors Warburg Pincus and SAIF Partners. The startup plans to use the new capital to further expand its network and tech infrastructure. Founded in 2014 by Gazal Kalra and Deepak Garg, Rivigo owns and operates […]

Capital Logistics is the newest member of the Blockchain in Transport Alliance (BiTA). Read about the company, as well as BiTA’s efforts to develop blockchain standards for transportation and logistics.

Uber Freight moved 1,500 loads for Ocean Spray last year, and the shipper says the relationship will continue to grow.

In partnership with Carggo… small freight brokers now have a white-label solution for automated load matching.

Brokers said there are lingering trouble spots from Road Check week, but markets are already softening.

Michael Lewis wrote “Moneyball” about the tactics Billy Beane used to improve the Oakland A’s. Read Zach Strickland’s take on using moneyball tactics in the freight market.

The FreightWaves Intel Group surveyed over 800 carriers, shippers and brokers about the entry of Amazon into online freight brokerage. Read about the survey’s results and what respondents think Amazon will do to their businesses.

CarrierDirect’s CEO Peter Rentschler stops by FreightWaves.

Freight brokers report upward pressure on spot rates and still expect robust summer volumes.

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) over the next five years, and brokers will become more productive as artificial intelligence automates up to 50 percent of their repetitive tasks. The bad […]