Freight Brokerage

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 a 19-year stint at Intel Corporation, where most recently he managed cloud computing, memory and storage enterprise sales in the Americas, Asia and global industry […]

Landstar announced that it may not be able to meet the low-end of its guidance range as truckload spot market fundamentals remain weak.

Canadian freight brokerage buys Ontario-based non-asset firm that specializes in the manufacturing sector.

To gain insight into the shifting landscape of freight brokerage, sometimes it’s best to follow the money, not the shiny new technology. The freight brokerage industry is undergoing a wave of rapid transformation. Incumbent asset-based carriers are aggressively growing their logistics offerings in pursuit of counter-cyclical margin and new digital entrants are redefining the upper […]

Freight brokerage in the United States is mostly made up of small companies that have trouble scaling their businesses beyond certain revenue thresholds due to unstructured processes, under-utilization of technology, and ad-hoc recruiting and training. Highly concentrated customer bases and revenue-generating employees wasting their time on administrative tasks eventually become constraints on growth. At a […]

Other Bets revenue, primarily consisting of Uber Freight, increased 263 percent year-over-year to $145 million.

Market expert Charley Dehoney explores how freight brokers can stay relevant in a rapidly changing environment.

Cargo Chief provides freight brokers with a booking bot that gets carrier offers, counter-bids on loads and autonomously books load on consent.

Market expert Brian Aoaeh writes about the impact of market disruption on the freight brokerage sector. Learn how Amazon, artificial intelligence, machine learning and other disruptors will change the business…

Eminent, founded in 2003, is made up of 37 consultants.

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.

But Ryder’s 3PL division, Supply Chain Solutions, is expected to go into negative year-over-year growth next quarter.

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.

Despite a crash in truckload spot prices (approximately 50% of ECHO revenue), the freight brokerage beat analyst expectations.

Wintrust’s working capital lines of credit leave brokerages with more control than equity raises and have lower cost-of-capital than factoring.

P&S Transportation added Celadon Logistics to TA Services, its asset-light brokerage.

Better talent at a lower cost improves brokers’ cash flows.

Have a strategy that you believe in and don’t forget to price in volatility, Feig said.