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FreightWaves NOW: Spot Rates Jump As Tender Rejections Heighten
Wednesday, December 18, 2019 - 4:22pm | 62FreightWaves NOW Host Anthony Smith presents Wednesday's episode where we talk with John Kingston about the updates on oil, Dean Croke talks to the carriers, and Luke Falasca talks with the brokers. Image Sourced from Pixabay
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Asset-Based Digital Marketplace ArcherHub Guarantees 100 Percent Hauls For All Loads On Its Platform
Monday, December 9, 2019 - 1:23pm | 794The advent of digital freight matching within the trucking sector has brought order to the chaos of the spot market, as it helps usher real-time visibility into both capacity and volumes available in a market. However, digital freight marketplaces do not come with a guarantee that every shipper...
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Transportation Insight Acquires LTL Broker FreightPros
Friday, December 6, 2019 - 4:13pm | 166Logistics provider Transportation Insight (TI) said Dec. 6 that it acquired less-than-truckload (LTL) broker Meridian Logistics LLC, which does business as FreightPros, for an undisclosed sum. The acquisition expands privately held TI's LTL brokerage offerings. It operates a truckload brokerage...
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"Freight Broker Live" Host Stephen Oatley Brings Show To FreightWaves
Wednesday, December 4, 2019 - 6:28pm | 674Stephen Oatley has joined FreightWavesTV as its newest "freightcaster." The one-man host of the popular transportation vlog "Freight Broker Live" is adding his show to the extensive list of FreightWaves' digital content. Oatley said he is excited to join the No. 1 news source in freight. He...
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Back-Office Automation — A Boon For Broker Growth And Cash Flow
Tuesday, December 3, 2019 - 10:24am | 1121Freight brokers facing unfavorable market conditions and a squeeze on margins can improve their bottom lines by improving the efficiency of their back offices. A broker's main job is to find carriers to move freight for shippers, but the reality is that brokers often spend more time than...
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Freight Brokers: Where Are We In The Freight Cycle?
Tuesday, November 26, 2019 - 10:51am | 923The relationship between gross revenue and gross margins for freight brokerages is inversely related across much of the freight cycle. As spot market rates rise faster than paper (contract) rates, margins compress on higher load volumes. The opposite is also true: As spot rates fall faster than...
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We Have To Transform Our Shippers, Brokers And Carriers, According To JB Hunt's Shelley Simpson
Thursday, November 21, 2019 - 3:30pm | 174It's the day 2 Industry Keynote from FreightWaves LIVE Chicago 2019. "We actually don't think we can do it ourselves. There won't be one winner inside this space. We have to transform our shippers, brokers and carriers. We have to move forward together for everyone to benefit." — Shelley Simpson...
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"On The Spot" Live From Chicago: Are Brokers Willing To Adjust Their Prices?
Thursday, November 14, 2019 - 10:11am | 817Excess capacity, sluggish demand and unforeseen weather conditions have all affected freight rates. But what do these impacts have on brokers' prices? FreightWaves CEO Craig Fuller joined Associate Editor JP Hampstead and market expert and analyst Zach Strickland at FreightWaves LIVE Chicago for...
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Carrier411 Strives To Protect Brokers From Unsafe Carriers
Wednesday, October 30, 2019 - 9:57am | 702Finding a carrier to move freight is fast and easy these days, but the question remains: Did I choose the right one? Carrier411 CEO and Founder Darren Brewer has made it his mission to protect companies from unsafe and unqualified carriers. Brewer sat down with FreightWaves CEO Craig Fuller on the...
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Commentary: Are Brokers Gouging Carriers?
Monday, October 14, 2019 - 1:01pm | 704By Noel Perry Noel Perry heads Transport Futures in Harrisburg, Pennsylvania. In addition, he heads Transportation Economics, a consulting company focused on strategy, market research and forecasting for the North American freight transport market. Previously, he was a Corporate Economist at...