Freight Brokerage

Robinson’s NAST revenue rises despite LTL volume declines and modest TL growth.

FreightWaves’ Mary O’Connell sits down with Scott Schara, chief commercial officer and president of 3PL services at BlueGrace Logistics, to talk about selling in a down market.

FreightWaves’ Mary O’Connell and TraxGroup’s Chris Cassidy sit down to talk about sustainability and the future of freight audit and payment.

Frightwaves’ Mary O’Connell and Joe Antoshak take a deep dive into the company’s broker compensation white paper.

Freightwaves’ Mary O’Connell and Arrive’s David Spencer return with a June market update.

FreightWaves’ Mary O’Connell sits down with Bill Thayer and Rob Caucci, co-founders of Fillogic, to talk about issues with final mile and how to make it less of a headache.

FreightWaves’ Mary O’Connell talks with Anshu Prasad about creating reliable and effective transportation networks.

Freight broker Landstar System announces another change at CFO.

Shippers should reconsider the pecking order of asset-based trucking companies first, brokerages second.

FreightWaves’ Mary O’Connell sits down to talk with David Spencer about market conditions in April as well as what we can expect to see from May.

FreightWaves’ Mary O’Connell sits down to talk with Scott Watanabe about building an effective training program from the ground up.

This fireside chat focuses on managing the ups and downs of the trucking market with Convoy’s Dan Lewis.

FreightWaves’ Mary O’Connell and Convoy’s Jennifer Wong sit down to talk about decarbonizing the supply chain and the importance of progress over perfection.

Chicago-based Mark-It Express Logistics has acquired the operational assets of Joliet- Illinois-based Clean Car Connexion.

As part of FreightWaves’ The Future of Supply Chain event, TriumphPay will demonstrate how to pay invoices quickly and efficiently.

Robinson’s global forwarding network, years in the making, is having its moment in the sun.

As part of FreightWaves’ The Future of Supply Chain event, RPA Labs will show how AI, machine learning and natural language processing add value to software development.

FreightWaves’ Mary O’Connell and Armstrong Transport Group’s Jim Bivens sit down to cover recruitment and the impact of having total support from an organization.

As part of FreightWaves’ The Future of Supply Chain event, Full Circle TMS will show how it can change omnichannel commerce fulfillment.

GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.

FreightWaves’ Mary O’Connell and ArcBest’s Steven Leonard sit down to cover all things LTL and how to avoid unnecessary charges

As part of FreightWaves’ The Future of Supply Chain event, Cargo Chief will be demonstrating its broker-centered software that saves time and allows for pre-booking freight.

In the market today, more and more companies in freight are turning to brokerage companies for help.

FreightWaves’ Mary O’Connell and Joe Antoshak sit down to talk about the top 500 for-hire carrier list and the 2022 driver pay guide just completed.

As part of FreightWaves’ The Future of Supply Chain event, Echo will be demonstrating its EchoShip self-service web portal.

Network Transport completes its move into a new, larger company headquarters as part of its expansion strategy, which adds 100 jobs over the next 12 months.

FreightWaves’ Mary O’Connell and Ryan Rogers from TextLocate sit down to talk about the world of visibility and the struggles that come with knowing where your freight is at all times.

FreightWaves’ Mary O’Connell and Thomas Wasson sit down to talk about best practices when booking trucks and how to help others avoid rookie mistakes when booking their first loads.

A new power-only brokerage offering drop trailer solutions to customers has emerged: FreightVana x, where the x stands for “collaboration.”

Auditing isn’t just for the big four accounting firms, Mexico struggles with the cross-border vaccine mandate, and has Central Freight Lines shorted drivers on pay?

Mary O’Connell and David Cook, director of sales at CPC Logistics, sit down to talk about driver retention and providing support to private fleets.

Despite strong revenue growth, freight broker productivity fell sharply.

“Leaders should realize that you’re not going to get a lot of benefit by trying to build volume with negative margins. The goal here is to be focused on value-adding technology and cloud adoption, not in volume building,” says Loadsmart co-founder and co-CEO Felipe Capella.

Private ownership would allow Echo to accelerate M&A and technology investments.

EZ Loader’s Brad Clark and Reliance Partners’ Jessie Merritt discuss how acquiring cargo and supplemental insurance in seconds rather than in days is leveling the carrier playing field.

Account executive trainees at a freight brokerage are seeking class action status in a lawsuit alleging they weren’t paid for overtime.

Biesterfeld expects the capacity-constrained environment to continue.

El mercado para la compra y venta de proveedores logísticos a terceros y corredores de carga está al rojo vivo, según los banqueros de inversión de Capstone Partners, Burke Smith y Nathan Feldman.

Capstone Partners explains why brokerages are so expensive.

“Everest’s growth is a great example of creative problem-solving,” said Cambridge Capital CEO Ben Gordon.

A group of former Knight-Swift logistics leaders is building something new in Arizona.

Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.

Convoy Go is now available for backup and spot loads.

Arrive’s partnership with TriumphPay allows carriers to send in load paperwork through the new technology platform and manage their payments, factor invoices and request QuickPay.

The Chicago brokerage adds a capital allocator and carrier expert to its C-suite.

Brokerage candidates know “they’re in the driver’s seat,” according to one recruiter.

Waggoner delivered record EPS in a difficult environment.

The brokerage will pour money into new tech, new modes and new people.

Robinson highlighted improving productivity metrics.

Broker Landstar System blew out analysts’ expectations for the first quarter. The company’s earnings almost doubled from the year-ago quarter, which wasn’t materially impacted by COVID. Landstar’s new guidance calls for more of the same.

J.B. Hunt Transport Services announced first-quarter results well ahead of analysts’ expectations.

Nashville is the Chicago-based freight brokerage’s first expansion office.

The truckload market is looking very strong this year and freight brokers are riding high.

Anne Reinke provides insight on current concerns and future opportunities as the president and CEO of TIA in keynote address.

Load board adds more enterprise-level automation to its compliance offering.

Agent-based MODE will add a growthy in-house operation.

Canadian cross-border trucking and logistics company Titanium Transportation Group gains global access to key freight networks in Chicago with the latest U.S. brokerage office.

Now carriers can see max bids and auction closing times on offered loads.

Freight brokerage Echo Global Logistics rode truckload volatility to record quarterly revenues.

“It’s been really easy to get the band back together,” says CEO Jason Provonsha.

Truck broker Landstar System set records in the fourth quarter. The company is expecting the high-demand environment and improved truckload pricing to carry through at least the first quarter.

Freight brokers connect cargo with its transportation — a career path with high pay and low education requirements.

A set of guidelines for the ethical freight broker.

MoLo beta-tested MasterMind for a year.

LoadSmart and Uber Freight attract venture-style capital from traditional investors.

Landstar System announced that its CFO was stepping down immediately. President and CEO Jim Gattoni will act as the company’s CFO on an interim basis until a replacement is found.

Knight-Swift, Arrive Logistics, and Uber Freight have three different approaches to drop-freight solutions.

Shippers that trust their technology also trust their technology provider. That’s why XPO’s Connect platform resonates with shippers.

In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record gross revenues, which grew by 23.2% year-over-year to $691.5 million. That smashed the consensus estimate of $608 million and was $76.5 million more than the upper limit of guidance provided […]

Outsourced supply chain solutions provider Capstone Logistics has been acquired by former owner H.I.G. Capital.

Landstar System announces the opening of a new driver center for its independent owner-operators in Carnesville, Georgia. The 8,000-square-foot facility provides classrooms, a business center, laundry, showers and break rooms.

A specialized freight brokerage is backstopped by 425 reefer tractors.

The fleet management solution is Transfix’s first foray into a pure software product.

The Smart Load Board is a free freight marketplace built into KeepTruckin’s platform that provides intuitive freight matching and strong data privacy.

Profit and loss (P&L) sheets provide key insights to a company’s financial performance.

‘Game on’ for Uber Freight.

Shippers ship. Carriers carry. Freight brokers are the experts connecting the two. A developed shipper-broker relationship is important in aiding the success of shippers, brokers and carriers.

The top 20% of freight brokers generate at least 80% of sales and gross margin for any third-party logistics provider (3PL) or freight brokerage.

The move was announced in a companywide town hall.

sennder is now unquestionably the leading digital freight brokerage in Europe.

Forty percent of Edge’s volume year-to-date has run through its digital matching platform CAPACITY.

MoLo reveals how its “service-always” operating philosophy is affecting financial performance.

Trident is converting spot opportunities to contracted business in the pandemic.

Landstar’s earnings call outlines the company’s better-than-expected guidance.

In second-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported gross revenues fell by 7.1% on a year-over-year basis to $514.7 million. That beat the consensus estimate of $475 million, largely driven by decreases in less-than-truckload (LTL) volumes and revenue per […]

Landstar misses estimates in its second-quarter report, which included bonus payments to workers during the pandemic. New guidance better than expected.

Brian Aoaeh continues a series of commentaries on technology-driven innovations in supply chains, logistics and trucking.

The CEOs of MoLo Solutions and Arrive Logistics discuss both the internal and external metrics that drive their businesses.

Ryder System has added Trucker Tools carrier engagement and freight-matching tools to its brokerage operation.

Silver is starting by helping Schneider broker out its fleet of 38,000 orange boxes.

Uber is reported to be raising $500 million in funding for its brokerage segment. The deal would place a valuation of $4 billion on Uber Freight.

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Mark-It Express Logistics is expanding again, acquiring 20-truck carrier Sava Transportation, as it looks to build a national name for itself in the intermodal business.

Aerospace industry supplier wants to turn supply chain into a competitive advantage.

Investor Warburg Pincus said it supports a full investigation.

Driegert said that shipper expectations for technology and speed of execution have irrevocably shifted.

Growth at Uber Freight took a pause in Q1 while the digital brokerage trimmed losses.

Convoy built data-driven tools to be more fluid and responsive.

API integrations with shippers and carrier density were key.

Fewer brokers and more engineers make operating costs less flexible, and we question the “take market share” mantra.