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Convoy Rolls Out Spot Rate Benchmarking Tool For Shippers
Tuesday, July 28, 2020 - 3:24pm | 722Convoy has launched a new rate quote benchmarking tool that allows shippers to easily see if the spot quote they are being provided is comparable to, higher or lower than the average. Automated quote benchmarking is now available within the Convoy shipper platform. "Shippers currently spend a lot...
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Commentary: When Is A Carrier Price Gouging?
Tuesday, July 28, 2020 - 2:45pm | 1548The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. There is a lot of talk about the recently soaring spot rates in trans-Pacific container trade. Year-over-year increases of 70% and higher are hard to ignore,...
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TFI Subsidiary Bulk Wins Bidding For Flatbed Hauler CT Transportation
Tuesday, June 23, 2020 - 11:29am | 454The bidding frenzy at the end of last week for the sale of flatbed hauler CT Transportation by Comcar ended up with Bulk Transport Company East winning the battle. Bulk, a TFI subsidiary, put in a late bid on June 18 for $15 million. Documents filed with the federal Bankruptcy Court in Delaware...
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Trucking Markets Face Fundamental Dislocations
Tuesday, June 9, 2020 - 12:16pm | 377Capacity ratcheted slightly tighter across a broad swath of the country again this week, but not yet to levels (7-10%) that would trigger widespread inflation in spot market rates. Spot rates for dry vans increased faster than spot rates for refrigerated equipment, which were flattish and may be...
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COVID-19 And The Global Supply Chain
Tuesday, May 12, 2020 - 2:53pm | 271Freightwaves Founder and CEO Craig Fuller discusses the impact of COVID-19 on the global supply chain with Will O'Donnell, Managing Partner of Prologis Ventures – from FreightWaves LIVE @Home Watch SUBSCRIBE ON YOUTUBE: http://bit.ly/FW-subscribe Follow Us! Twitter: https://twitter.com/...
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Radiant Logistics Slows Pipeline For Acquisitions
Tuesday, May 12, 2020 - 12:02pm | 679Radiant Logistics Inc (NYSE: RGLT), the acquisitive West Coast company, is dialing back its merger and acquisition efforts. Regarding the company's third-quarter earnings — its fiscal year begins July 1 — Bohn Crain, Founder, and CEO said in a release that Radiant came into the quarter with a plan...
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18 Ways To Lower Your Grocery Bill
Monday, March 24, 2014 - 2:49pm | 618Remember when you could buy groceries for your family for less than $100? Now, you’re probably happy if you get out there for less than $200. Economists call it food inflation—you call it wallet-busting. We scoured the internet and put together a list of ways to save on groceries. If you have a...