Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts.September 8, 2022
Most freight brokers are inundated with incoming emails from customers looking for a spot quote. Tai Email Assistant is a feature within Tai TMS that uses AI to extract shipment details from incoming quote requests and automatically responds with a quote in minutes.February 1, 2022
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.July 9, 2021
Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said.
Freight broker Circle Logistics has begun posting up to 600 available freight loads daily directly to NextLOAD.September 4, 2020
Digital freight-matching companies are taking a proactive approach to confronting the coronavirus as the outbreak worsens.March 23, 2020
Mark-It Express Logistics is expanding operations with the acquisition of the operating assets of Spirit Trucking Co., the company announced Jan. 17.January 21, 2020
Sherwood Food Distributors announced it selected Fr8Hub to help move loads out of Laredo, Texas.September 30, 2019
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
Burris Logistics and Trinity Logistics have agreed to a merger that will combine a $3 billion refrigerated warehousing and food distribution business based in Milford, Del., with a top-ranked non-asset based freight brokerage firm less than 30 miles away in Seaford, Del.