Spot market freight levels were down for the Independence Day holiday week, but rates were up, according to DAT and Truckstop.com, two major services tracking spot market data.
Transportation Intermediaries Associations (TIA) recently launched the TIA Logistics Academy, which offers members the latest in best practices needed to operate and manage a successful 3PL across core areas of the business.
Optimal Dynamics, a startup aiming to automate and optimize the logistics and supply chain industry through a new proprietary technology called High Dimensional Artificial Intelligence, recently raised $4 million in seed money.
EKA Solutions launched a cloud-based, end-to-end predictive visibility platform for carriers, brokers and shippers of any size.
Elite Transit Solutions has added Book It, a new feature for its Freight Market product, to provide users with an automated one-step process to reserve loads.
Intermodal trucking and freight brokerage company Mark-It Express Logistics has acquired the operating assets of Sava Transportation, based in Maywood, Illinois.
After a record-setting year in 2018, where tight capacity led to rate increases for carriers, 2019 was back to a more normal year in freight and logistics, and the industry was poised for a solid 2020—and then the pandemic hit. What this means for logistics and transportation professionals is highlighted in the 31st annual State of Logistics Report from the Council of Supply Chain Management Professionals.
Logistics provider Convoy, in an effort to use only the safest carriers in its network, has applied machine learning and automation to qualify safe drivers.
FourKites now offers Dynamic ETA for LTL, a tracking service that gives shippers, carriers, and 3PLs the ability to track less-than-truckload shipments from pre-pickup to delivery and includes automated estimated arrival times.
Loadsmart has partnered with Opendock to integrate Loadsmart's digital freight platform and Smart Scheduling technology with Opendock’s dock management software, enabling shippers to improve the scheduling process.