The demise of Yellow Corp. dominated headlines after the carrier filed for bankruptcy protection in August. A lot of smaller carriers and brokerages also called it quits in 2023.
A white paper by factoring company OTR Solutions highlights risks it sees from the combination of 3PL bankruptcies and asset-based lending.
After experiencing two years of record growth during the COVID-19 pandemic, Jacksonville, Florida-based Surge Transportation, a digital freight brokerage, sought to find a buyer and slashed its rates nearly a year before it filed for Chapter 11 bankruptcy protection on Monday.
After experiencing record sales growth during the COVID-19 pandemic, digital freight brokerage Surge Transportation says it was forced to file for bankruptcy protection as it was unprepared for the abrupt decline in product demand and soaring shipping costs that rocked the transportation industry in April 2022.
Surge Transportation’s Omar Singh discusses the value of offering a robust system of partnerships and offerings outside of the core business model.
Surge Transportation’s Omar Singh discusses shippers limiting broker partnerships for arbitrary reasons rather than their specific strengths and weaknesses.
Omar Singh details the shipper TMS integrations and partnerships that have taken Surge to end-to-end automation.
Like a mechanic, we maintain and repair moving parts of your transportation machine; we don’t drive the machine, we fix it.
To a certain extent, if you don’t have buy-in, then don’t buy it. So many tech initiatives fail to launch because the team in charge of using it is not set up for absolute success.
Dooner goes 12 rounds with Surge Transportation’s Omar Singh as they discuss the company’s origin story and leadership over adversity
It is not likely that routing guides are going to become extinct, but they will be smaller, more shallow and very much digital.
At a high level, there are four restrictions: Don’t take our secrets, don’t take our employees, don’t take our customers, and don’t work in this industry at all.
On this episode of Put That Coffee Down, Kevin Hill explores why the biggest successes come in the face of adversity.
On this episode of Put That Coffee Down, Kevin Hill and Richie Daigle talk about competitive pricing strategies for brokers.
There is a true broker-to-carrier contract rate that reflects the model of our industry. That rate distorts the true spot rate and should account for maybe two-thirds of the rates brokers provide to benchmarking tools.
It’s a double guest episode of Put That Coffee Down with Kevin Hill and Richie Daigle hosting Ocean Audit CEO Steve Ferreira and Omar Singh from Surge Transportation.
“We have to compete in a marketplace where my competitors don’t even have to be profitable.”
Is it better to be a technology company learning supply chain or a supply chain company learning to adopt technology?
On this episode of Put That Coffee Down, Kevin Hill and Richie Daigle explore where automatic processes can help move the sales process in a better direction.
One works inside your system while the other works as an outside guest user.
On this episode of Put That Coffee Down, Kevin Hill and Richie Daigle look at why routing guides fail nearly all the time.
To learn more, visit TruckerTools.com
Kevin Hill takes you through the ways to navigate different spot markets in order to make a sale on this episode of Put That Coffee Down.
Payment visibility is a proven builder of carrier loyalty.
