5 Reasons Why Small Carriers Need Supply Chain Planning Tools
As a smaller carrier, is your digital toolkit feeling a bit light? Here are five reasons why you should be building up a robust arsenal of supply chain planning tools.
🎣 FreightWaves vs. DAT
Plus, Indiana-based trucking company with over 100 trucks files for bankruptcy, Transfix sells its brokerage arm, and more.
Manufacturing Sector: Downturn Amid Construction Highs?
The U.S. manufacturing sector faces contraction with a PMI of 48.7 in May 2024, while manufacturing construction hits a record high. What's up with these mixed signals?
Flexport Expands Convoy Platform
Flexport expands its AI-powered Convoy Platform, offering brokers streamlined operations and significant cost reductions, but industry skepticism persists.
APL Cargo Becomes Latest Trucking Industry Casualty, Files Bankruptcy
APL Cargo bankruptcy adds to the list of trucking company hits in recent years. Read about the industry struggles and major closures from the past five years.
🎣 Shipper Updates
Plus, more freight brokerages are closing, a spot market update, and more.
Greenscreens.ai: May 2024 Spot Rate Trends
Despite the challenges, the transportation market shows signs of potential regional balance, particularly in the southern markets.
Freight Brokerage Net Change Hits -265
The freight brokerage industry saw a net decline of 265 active brokerages in June 2024, marking the sixth consecutive month of negative net changes.
🎣 The Best Trucking Companies of 2024
Plus, this former NFL MVP now owns a freight brokerage; RXO and C.H. Robinson have been hit with debt downgrades, and more.
Metallica Europe Tour Goes Green
Metallica's European tour features Iveco's renewable-energy trucks run on renewable natural gas and hydrogenated vegetable oil.
RXO and C.H. Robinson Face Ratings Agency Cuts
RXO joins C.H. Robinson and Forward Air as the latest to face debt downgrading.
Cam Newton the Freight Broker
Cam Newton's New Play: Freight Brokerage. The former MVP quarterback discusses his ventures in the trillion-dollar freight industry, calling it "recession-proof."