Supply Chain, Logistics, and Trucking News & Data - FreightWaves
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#1 Logistics, Freight and Transportation News - FreightWaves
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199 transportation and logistics companies make the Inc. 5000 list
WEBAug 17, 2021 — Third-party logistics provider MoLo Solutions was the top-ranked transportation and logistics company on the 2021 Inc. 5000 list of the fastest-growing privately held firms in the U.S. . The Chicago-based company debuted on the list at No. 41 overall, experiencing revenue growth of 7,597% between 2017 to 2020.
Container shipping has greatest quarter ever — with more to come
WEBJan 31, 2022 — Ocean Network Express. Results released Monday by Japanese carrier group Ocean Network Express (ONE) follow the pattern seen throughout the industry: Congestion is curtailing volumes, yet rates have risen so much due to congestion that carrier profits keep escalating, so much so that single-quarter earnings now easily exceed full-year earnings pre-COVID.
Meet Variant, the digital fleet transforming U.S. Xpress
WEBJul 28, 2020 — In its second-quarter earnings call Tuesday evening, U.S. Xpress management detailed a new strategy that generated more than 500 basis points of operating ratio improvement in its truckload business: a digitally recruited, dispatched and managed asset-based fleet that could transform over-the-road trucking.That fleet is called Variant, and it comes complete with a unique look: brand-new gray ...
ITG Transportation Services partners with Catapult to make …
WEBJul 8, 2020 — For many freight forwarders, the international shipping market remains fragmented, so obtaining a quote can be an inefficient process. Without the consolidated pricing of a quote management system (QMS) platform, freight forwarders must reach out individually to customs brokers, drayage providers — not to mention multiple steamship lines — to procure a comprehensive quote.
RMIS automates carrier compliance for brokers big and small
WEBOct 25, 2019 — Today, RMIS registers a new carrier for its customers every 12 seconds. Lunenfeld discussed one large brokerage that was onboarding 600 to 700 carriers per month and assumed that its teams were keeping up with demand; they wanted to use RMIS to take some of the workload off of their back office employees.
Leading Trucking News - Award Winning - FreightWaves
WEB2 days ago — This week in Borderlands: crime, labor top concerns about nearshoring in Mexico; cargo rail theft up 119% across Mexico in July; Texas trucking company owner sentenced for Mexico-to-Chicago drug pipeline; and industrial equipment maker opens factory in Juarez, Mexico.
Logistics costs jumped 22.4% in 2021: report - FreightWaves
WEBJun 21, 2022 — Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then.
Ascend acquires South Carolina-based Dedicated Transportation …
WEBJan 25, 2022 — McLary, a 30-year freight transportation industry veteran at companies such as UPS and Amazon, said the addition of DTS will strengthen Ascend’s coverage of the Carolinas, Georgia, Florida, Louisiana, Texas and Ohio. DTS, a dedicated contract carrier, was founded in 2004 to allow shippers to outsource fleet operations. “Given the challenging nature and headwinds of the supply chain for ...