Why Chicago brokers call contract rates ‘paper rates’
The boundary between spot and contract pricing is always shifting, especially when freight markets are volatile.
The boundary between spot and contract pricing is always shifting, especially when freight markets are volatile.
The largest Canadian freight brokerage purchased a 3PL concentrated in the Southeastern United States.
Convoy CEO Dan Lewis said that digital brokerage margins would expand until most participants adopted low-cost structure, then start compressing.
Today’s selloff on soft revenue growth guidance went too far, according to Stifel’s Bruce Chan and Susquehanna’s Bascome Majors.
In partnership with Arrive… high-tech freight brokerages are necessary links in the supply chain, but the key to their growth is how they select and coach their people.
Spot-heavy 3PLs are looking for freight while brokers with good contract relationships are getting rewarded.
The combined brokerage expects to do $200 million in revenue this year.
Forager is building a digital freight marketplace to automate elements of cross-border logistics.
Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.
On Tuesday afternoon, Arrive Logistics popped champagne as the freight brokerage officially opened its downtown Chattanooga office on Market Street. We spoke to Arrive executives about the company’s culture, growth story, and plans for Chattanooga.
In Partnership with Arrive Logistics… we talk freight market data with executives from Arrive Logistics and ask them how they’re preparing to handle surging volumes in Q4 and beyond.
Presented by Trucker Tools…
Not only are relentless spam emails from brokers or third-party logistics providers a nuisance: they’re actually illegal.
Hosted by FreightWaves, the August 9th McLeod Capacity Creator webinar featured a discussion between Robert Brothers, Manager of Product Development for McLeod Software and Brian Kelsey, Vice President of Operations for ZMac Transportation Solutions.
XPO Logistics is the latest transportation company to offer customers an online freight marketplace, bringing big investment and the company’s own ready-made list of shippers and carriers to fire back at the upstarts
For months, West Coast spot rates have been softening, allowing brokers to take big margins and shippers to move freight inexpensively, with short lead times. That’s about to change.
After several delays, Rhode Island Department of Transportation (RIDOT) workers have begun installing truck toll gantries in the state this week. The project, which will collect truck-only tolls at 12 locations in the state, is estimated to raise about $470 million in tax revenue over 10 years.