Freight Brokerage

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.