Venture capitalists have plenty of dry powder but they’re being choosier.

Edge continues to win new business on the back of a regional carrier strategy.

Prospective acquirers are looking at Convoy’s platform and engineering and product teams.

The incumbent TMS provider is unifying its carrier and shipper platforms to generate network effects.

Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved.

Investors are looking for revenue quality and efficient growth.

The freight market downturn has made profitability elusive.

Large carriers finally started shedding capacity this summer.

Surge is the largest broker to restructure in recent memory.

LTL contract rates and tender rejections in select markets will tell us if transportation networks can handle a sudden Yellow exit.

Neither DAT nor Convoy would be able to refile lawsuits against each other that they have agreed to drop.

Kroger management reaffirmed the “low end” of 1-2% identical sales growth guidance.

CPG companies are trying to lock in low freight rates in a cyclical trough.

DAT’s breach-of-contract claim against Convoy will also proceed.

Food price inflation is outstripping Albertsons’ sales growth. It’s another challenge for the grocer that’s looking to merge with Kroger.

Walmart doubles down on omnichannel.

Consumers are buying food instead of “stuff.”

¿Puede la tecnología sanear el mercado al contado?

Newtrul has built a marketplace focused on integrity, compliance and credibility.

La producción sigue por debajo de los niveles anteriores a la pandemia

The automotive industry may stay leaner longer.

Expected layoffs at Coyote are part of a restructuring implemented by parent company UPS.

Alrededor de 200 empleados serán despedidos, dicen personas familiarizadas con el asunto

The 3PL’s first-quarter update is bearish on truckload rates.

Rail and truck TMS plans to add ocean and barge.

OneRail plans to scale sales, marketing and data science.

New bookings data suggests volume softness is here to stay.

Gmail accounts allegedly connected to FourKites made accusations of accounting fraud and organized crime to project44 board members and executives.

Arrive is building more intelligent technology, reaching new markets and getting creative to win freight.

Freight brokerages see more frequent bid events as opportunities to take market share.

El pilar de la fabricación y el consumo estadounidenses se tambalea

Trans-Pacific trade is the foundation of American retail and industry. But souring U.S.-China relations threaten that.

Most of the commentary from management teams is pessimistic about the macroeconomy.

¿Es demasiado pronto para saber cómo podría ser el próximo ciclo alcista?

Contract rates still face downward pressure, especially for live/live loads.

The outlook for truckload demand is flat to down and more capacity continues to enter the market, according to Uber Freight senior economist Mazen Danaf.

La capacidad seguirá disminuyendo a medida que la producción de los fabricantes de camiones se recupera

CEO Doug Waggoner says Echo Global Logistics’ growth will exceed its plan for both gross revenue and profitability as the company continues to look for acquisitions.

A majority of Arrive’s shipments are being automated at multiple touch points.

Less than 6% of all truckload shipments in the U.S. are currently being rejected.

La ralentización de la eurozona puede hacer bajar aún más las tarifas de los contenedores marítimos

A slowing eurozone may pull ocean container rates down further.

The West Coast ocean container volume drop is here and will continue for months to come.

La startup tiene un enfoque único de distribución y monetización

The startup will hit an $11 million annual run rate in September.

Robinson’s global forwarding network, years in the making, is having its moment in the sun.

El aumento de los fletes en todos los modos ayuda a los 3PL a destrozar las expectativas de beneficios

Focusing on growing Emerge’s capacity, Ramsdell wants to offer Fortune 500 drop-drop freight to small and midsize carriers.

A new power-only brokerage offering drop trailer solutions to customers has emerged: FreightVana x, where the x stands for “collaboration.”

FreightVana dice que tener “piel en el juego” distingue a la
empresa

The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.

El crecimiento de las ganancias provino de Global Forwarding

Despite strong revenue growth, freight broker productivity fell sharply.

Supply chain tech is increasingly driven by late-stage venture capital activity.

El 3PL prevé un entorno de carga favorable hasta 2022

Private ownership would allow Echo to accelerate M&A and technology investments.

Ensuring load accuracy at the shipper facility is key to on-time delivery.

The Gartner research VP will also share his views on data, AI and sustainability.

SVP Adam Compain: El software puede ayudar a que nuevamente vuelva a fluir el transporte de mercancías

Overlapping crises have pushed the race for global visibility into a critical stage.

The recruiting and retention platform takes on a new investor.

Last week’s Transfix, project44 and Emerge deals herald a maturing FreightTech space.

Transportation procurement system will handle $4B worth of bids this year.

El mercado para la compra y venta de proveedores logísticos a terceros y corredores de carga está al rojo vivo, según los banqueros de inversión de Capstone Partners, Burke Smith y Nathan Feldman.

More M&A isn’t on the immediate horizon but final-mile delivery is.

Capstone Partners explains why brokerages are so expensive.

A group of former Knight-Swift logistics leaders is building something new in Arizona.

OneRail makes last-mile delivery profitable for shippers.

Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.

Robinson CEO Bob Biesterfeld said the truckload market will stay hot through 2021.

The next step is making deliveries to paying customers.

Chattanooga VC firm is ready to find the next FreightTech unicorn.

ShipHero’s SaaS and e-comm 3PL businesses complement each other.

Convoy Go is now available for backup and spot loads.

The Chicago brokerage adds a capital allocator and carrier expert to its C-suite.

Waggoner delivered record EPS in a difficult environment.

The brokerage will pour money into new tech, new modes and new people.

Robinson highlighted improving productivity metrics.

project44 and FourKites are the only ‘Leaders’ in the space.

Nashville is the Chicago-based freight brokerage’s first expansion office.

The capital will drive volume growth and help Baton expand to new markets.

MyCarrier is scaling a white-labeled LTL TMS with a unique distribution model.

Load board adds more enterprise-level automation to its compliance offering.

Agent-based MODE will add a growthy in-house operation.

Koffie provides quotes based on individual truck characteristics within a day.

Combining Hunt’s data and Google’s tools will yield differentiated service offerings.

Digital freight forwarder Flexport can now link consignee order data to shipments from suppliers.

Now carriers can see max bids and auction closing times on offered loads.

Freight brokerage Echo Global Logistics rode truckload volatility to record quarterly revenues.

“It’s been really easy to get the band back together,” says CEO Jason Provonsha.

New technology and carrier-friendly operations have kept The Home Depot’s freight moving during the pandemic.

Net income rebounded 49.1% year-over-year from one of the 3PL’s worst quarters.

Cross-border logistics platform looks to scale sustainably as it prepares to raise more capital.

Traditional RFP processes consume time and money and still don’t yield permanent arrangements.

Suit alleges that FourKites’s fake email accounts called project44 “the next Theranos.”

Capstone Headwaters releases December update on logistics technology deals.

DASH wants to land the package, not the plane.

MoLo beta-tested MasterMind for a year.

LoadSmart and Uber Freight attract venture-style capital from traditional investors.

The French auto parts supplier wanted a simpler routing guide and superior visibility at a low cost.