It takes work to land shippers as a small carrier, but a few small changes can mean the difference between winning and losing freight.
This report provides a review of truckload capacity, demand and rates for the first half of 2021.
Three Chinese companies — CIMC, DFIC and CXIC — produce about 80% of the world’s containers.
Rose Rocket’s order management platform integration with Geotab’s system gives trucking companies more tools to offer shippers, including track and trace and real-time ETA
The coronavirus has made its first impact upon the American economy – the stock market. The novel virus is also impacting import volumes from China and the effect will quickly trickle into the trucking market. It has not yet, but will soon. This week, spot rates bounced back slightly with a bump in outbound volumes. Capacity remains very loose.
Founded by Dan Lewis, CEO, and Grant Goodale, CTO, in 2015, Convoy has closed a $400 million Series D round of funding, bringing total funding to $668 million to date and valuing the company at $2.75 billion.
FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.
The Complete Vehicles segment grew sales by 40.7 percent and widened its EBIT margin.
Land O’Lakes continues to value the companies that haul its freight and the drivers that show up to its docks, even as the state of the market shifts.
FreightWaves will highlight the top 25 shippers in America for its inaugural Shipper of Choice awards. The award will rate qualities such as flexibility and detention on a five-point scale, with the winner announced at Transparency19.
Today, LTL carriers are focused on improving their earnings. However, issues such as the driver shortage, decreased capacity, added federal regulations and rising operating expenses are hindering their progress.
XPO Logistics has disputed the content of a report from Spruce Point Capital Management, a noted short-seller of stocks, that claims XPO has “perpetuated a massive financial scheme on the public.”
Lead times increasing are a sign that shippers are taking capacity shortages seriously. Carriers and brokers that depend on spot market freight are left wanting.
In June 2018 Convoy surveyed over 300 small and mid-sized trucking companies across the United States to collect a snapshot of the industry. Survey participants include dispatchers and owner-operators. All the results are self-reported by the participants. Read the Full Blog Post
Becoming a “shipper of choice” is a decision. It doesn’t just happen. This infographic highlights 5 ways shippers can achieve this elusive title.
The first quarter of 2018 has come to a close. While volatile, many transportation companies saw growth and shippers are recognizing a potential shift in who has the leverage in the marketplace for the first time in years.
There’s a lot at stake for shippers, but whether it’s for the long or short-term, becoming a shipper of choice benefits the entire supply chain, not the least of which are drivers’ experiences.
There’s a lot at stake for shippers, but whether it’s for the long or short-term, becoming a shipper of choice benefits the entire supply chain, not the least of which are drivers’ experiences.
Cashflow Corner presented by TriumphPay …When a customer refuses to pay their bill, or simply delays paying it, brokers and carriers alike can be stuck with a lack of cash on hand and few options.
