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Cargomatic, a freight-matching tech startup founded in 2013, is getting a second wind with $35 million in new backing.
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Rates and the amount of available freight on the spot market continue to be lackluster, but there is an indication prices could pick up at least somewhat in the near future.
Read More →Uber Freight announced it is expanding into the less-than-truckload market, giving shippers a single freight-matching platform for both truckload and LTL needs.
Read More →A measure of the amount of for-hire freight movements in the U.S. posted mixed numbers for June, according to new Transportation Department figures.
Read More →While some may complain that truck freight levels haven’t taken off like a rocket since the end of the Great Recession, the fact is they have posted solid improvements, according to Jonathan Starks of the freight forecasting firm FTR -- and could be headed for a new peak.
Read More →The Teamsters Union and UPS Freight have agreed to an extension of the current UPS Freight National Agreement in order to give the parties time to continue negotiations. This means that the current agreement will remain in place until the agreement has been revoted and accepted by the members.
Read More →Flatbed markets remained strong and van markets surged as overall spot freight availability rose 12% and capacity stayed flat, according to the latest numbers from DAT Solutions.
Read More →McLeod Software introduced a new digital freight matching (DFM) web service API for its PowerBroker TMS product. This web service allows McLeod customers to integrate third-party providers of available freight and capacity-matching solutions into their brokerage operations.
Read More →The amount of freight moved in June moved barely higher after surging in May, but it still managed to hit a record high, according to the American Trucking Associations. But that partly reflects a heavier freight mix.
Read More →OTR Solutions and LoadConnect team up to bring real-time freight broker verification and fraud-prevention tools directly into motor carriers’ dispatch workflows.
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