A robust, proactive, and responsive security system is essential to reduce cargo theft risks effectively. Leading the charge in these solutions is remote live video monitoring. Learn more here.
In the latest episode of "The Freight Caviar Podcast", we sit down with Danny Frisco, CEO & Co-Founder at Rapido Solutions Group. He discusses the advantages and disadvantages of outsourcing and Rapido's future growth plans.
Plus, an EV maker partners with Ryder to test a hybrid diesel system, HappyRobot releases an AI update for brokers, and load board traffic declines over the past 3 months.
Chicago-based Redwood Logistics announced its acquisition of Rockfarm Supply Chain Solutions, significantly increasing Redwood's geographical reach and customer base. The deal is expected to boost Redwood's presence in the Upper Midwest and Northern Plains, where Rockfarm has a solid footprint. Additionally, Rockfarm brings to the table international freight forwarding, trade compliance, and customs brokerage capabilities, enhancing Redwood's current services.
Integration and Growth
Following the acquisition, Redwood's total freight under management across its 3PL and 4PL services is set to reach $5.5 billion. Rockfarm will operate as an independent entity initially but will eventually be integrated into Redwood. The key leadership, management teams, and ownership of Rockfarm will transition to become Redwood employees, with Rockfarm's Dubuque operations center continuing as a Redwood logistics center.
91% of phishing attempts take place via email. As a freight broker, that puts your operations at a significant risk. But with Epay Manager you can systemically block fraudsters from ever entering your back-office systems.
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