Freight Brokerage

Palm Beach, Fla.-based Cambridge Capital, an investor in niche supply chain leaders and the applied supply chain, said it has made a majority investment in Evanston, Illinois-based Everest Transportation Systems, a high-growth freight brokerage focused on over-the-road surface transportation.

GEODIS officials said that bringing Velocity into the fold expands GEODIS’ Capacity Solutions freight brokerage offering in North America at a time when the industry continues to face ongoing driver and truck shortages.

Chicago-based transportation and logistics management and truckload freight brokerage services provider Coyote Logistics, a subsidiary of freight transportation and logistics services bellwether UPS, recently marked its 15-year anniversary. The company's CEO Jonathan Sisler recently penned a blog covering the company’s history and growth over the last 15 years and subsequently provided Logistics Management Group News Editor Jeff Berman with an in-depth look at the truckload freight brokerage sector, how the company has become part of the UPS family, and lessons...

Arrive officials said that this investment is comprised of a combination of primary and secondary equity, with ATL acquiring a significant minority equity stake in Arrive, as well as the company’s largest investor.

3Gtms TMS system to be used as central platform for freight brokerage and managed transportation business for PiVAL Solutions.

When President Trump recently spoke on Fox & Friends, he was asked about American truck drivers being “price gouged” by transportation brokers and what the White House would do to address that. His response indicated he felt that was the case, saying “Oh they are price gouged…all they want is to be treated fairly and we’re going to treat them fairly.” It is fair to say that the Alexandria, Va.-based Transportation Intermediaries Association (TIA), which is the largest...

With 100% annual growth in its Transportation Services group, Chattanooga Tennessee-based 3PL recently announced it is taking steps to expand its footprint in that space through additions on various fronts.

Landstar is a powerful name in the transportation industry. When you see it on a truck, when a sales agent says it in a meeting, when one of our capacity providers makes a delivery, people know Landstar and what it represents: one of the safest, most secure and reliable transportation providers in the business today.

With an eye on expanding its North American intermodal capabilities and a corporate commitment focused on strategic growth to meet its customers supply chain needs, non asset-based third-party logistics (3PL) services provider Transplace said this week it has acquired Yusen Logistics (Americas) Inc.’s intermodal marketing company/over-the-road freight brokerage group.

Parade creates big data and artificial intelligence solutions for transportation companies and extracts business intelligence from real-time and historical data to optimize communication, decision-making, and freight opportunities.

Are you ready for how the use of data will impact the future of the freight supply chain? TMW Executive Vice President Tim Leonard and his expert team of data scientists have researched the details to share with you.

A Business Insider report said Amazon is at work on an app expected to be released in the summer of 2017, which was billed in the report as “Uber for trucking, that matches truck drivers with shippers looking to move freight, while also removing “the need for a third-party broker, which typically charges a commission of about 15% for doing the middleman work.”

With the help of three experts in the freight transportation and logistics markets, we take a closer look at the current dynamics of the truckload brokerage business.

The leading Third-Party Logistics market research firm profiled 27 companies providing "Uber for Trucking" solutions, and its research concludes that "Digital Freight Matching" is a much more apt description.

Now, shippers can work with apps and network connections to collaborate with carriers to take advantage of operational savings opportunities on a daily basis.