The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, FreightWaves adds exciting new capabilities within its SONAR platform; XPO’s Brad Jacobs talks diversity, automation and more in a 3PL Summit keynote address; and Schneider invests in a new technology platform.
SONAR has become the standard in data and analytics for anyone involved in the movement of freight. FreightWaves CEO Craig Fuller unveiled the latest updates to the platform, including Lane Scorecard, Ocean Shipments Report and Reefer Rates (beta).
Scott Mall has more details of these innovations: FreightWaves SONAR 7.0 enhancements announced
From Brad Jacobs’ perspective
XPO Chairman and CEO Brad Jacobs provided the keynote address to open FreightWaves’ 3PL Summit on Tuesday, and he did not disappoint. Acknowledging the issues with racial inequality in society, Jacobs said XPO would work to become more diverse and provide more opportunities for minorities. He also touched on automation, the COVID-19 recovery, M&A opportunities and more.
Brian Straight has more on what Jacobs said: FreightWaves 3PL Summit: Brad Jacobs on diversity, automation and COVID recovery
What are the right metrics?
Metrics matter for companies, but what are the right metrics? Arrive Logistics’ CEO Matt Pyatt and MoLo Solutions’ CEO Andrew Silver debated that very topic during a session at the FreightWaves 3PL Summit.
Jack Glenn has details on which metrics matter: FreightWaves 3PL Summit: Metrics that matter
Schneider takes on Mastery
Well-known industry veteran Jeff Silver has a new venture, and Schneider is buying into it. The carrier has made a “strategic investment” in Silver’s Mastery Logistics Systems and it will incorporate Mastery’s technology into its logistics operation.
John Paul Hampstead has more on this development: Schneider will be Jeff Silver’s first Mastery Logistics Systems customer
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Did you miss this?
As the country emerged from the July 4 holiday week, and COVID-19 hot spots continued flaring across the country, freight was relatively unaffected. Freight volumes have continued to grow, rising 25% on a year-over-year basis according to FreightWaves SONAR data.
Seth Holm has more details on where the freight recovery is happening: Volumes stay strong, up 25% year-over-year in a recession
Hammer down, everyone,