San Francisco-based freight forwarding and customs brokerage services provider Flexport heralded a $935 million Series E investment round, with this round bringing its post-money valuation to more than $8 billion. The raise follows years of uninterrupted growth for the company, particularly in the last twelve months, with Flexport’s revenue more…
Discover the essential types of freight broker insurance needed to protect your business and manage risk effectively.
A.P. Moller – Maersk announces the intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based first, middle and last mile as well as border crossing solutions provider, specializing in the big and bulky freight segment in North America for B2C and B2B distribution models, from ATL Partners, a sector-focused…
Becoming a freight broker for trucking offers a rewarding career with significant earning potential and flexibility.
Discover holiday season opportunities for freight brokers to increase load volumes and build client relationships.
Discover the benefits of freight brokerage services for your business, from cost savings to optimized shipping processes.
Trucking regulators have issued new guidance that strips away confusion over CDL testing standards and could help deploy entry-level drivers faster. The Federal Motor Carrier Safety Administration is amending its regulatory guidance to clarify that the regulations do not prohibit third-party testers from administering the commercial driver’s license knowledge tests…
Learn the advantages of using freight brokers for logistics companies, from cost savings to improved shipping efficiency.
Landstar System, Inc. (NASDAQ:LSTR) reported record quarterly revenue of $1.945 billion in the 2021 fourth quarter, a 50 percent increase over revenue of $1.296 billion in the 2020 fourth quarter. Following a record-breaking 2021 third quarter, the 2021 fourth quarter once again reset the standard as the best quarterly financial…
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Two major players in the logistics industry are leading a group of companies investing millions in Phantom Auto, a fast-rising Silicon Valley company that has developed software enabling remote operation of forklifts and other material moving vehicles. Phantom Auto software makes it possible for forklifts to be remotely operated from…
Discover why freight brokers remain optimistic about the future of logistics, see trends, advancements, and opportunities.
About 800 dockworkers, kind of 1 in 10 of the day by day group of workers on the ports of Los Angeles and Lengthy Seaside had been unavailable for Covid-related causes. The Covid-19 Omicron variant is hampering efforts to transparent a backlog of about 100 container ships on the country’s…
The National Retail Federation expects some 20,000 people in New York City this month for its annual event, a major forum for supply-chain technology and logistics providers. Big logistics-industry conferences are moving ahead with in-person events in the coming weeks even as the Omicron variant rips through the U.S. and…
In the year 2022, the logistics industry is predicted to have a bright outlook and several new trends are expected to dominate the industry. Green Logistics: The global pandemic has pushed more companies to consider their own carbon footprints—and those of their business partners—and prompted a wave of concern on…
Freight broker transparency for Shippers: Discover best practices for clear communication. Learn how brokers can build trust and improve relationships with shippers.
Business-to-consumer retailers — brick-and-mortar and eCommerce sellers alike — rely on the holiday season to bookend their sales year with a positive outcome. The economy can be unpredictable, so ending the year strong as shoppers plan their holiday gifts is crucial. Retailers expect to see a significant bump in sales…
Trucking company Central Freight Lines Inc. will shut down in the coming weeks after failing to end years of losses despite strong demand in freight markets during the pandemic. After 96 years in business, Waco, Texas-based less-than-truckload (LTL) carrier Central Freight Lines is closing its doors. Central Freight announced that…
Discover the key roles of freight brokers, from coordinating logistics to managing shipping operations.
Delivery transportation continues to be a vital part of the American economy, ensuring businesses and customers have a broader reach to sell and purchase goods and products. A trucking dispatcher have the critical job of helping truck drivers to concentrate on routes and roadways and to safely deliver their cargoes….
The private companies that operate port facilities from Washington state to Southern California will begin negotiation on a multiyear agreement with the union representing 22,400 dockworkers to replace the contract that expires in July 2022. The union already rejected an offer by port terminal operators to delay negotiations until 2023….
Grocery stores in the U.S. may receive limited quantities of products or may lack some flavors or items due to labor, raw material, or transportation issues that food manufacturers are facing. The companies named increased demand, labor shortages, “supply chain restrictions” or “logistical challenges”. Parts of the US are now…
Freight broker bonds protect shippers and carriers. Learn what you need to know to secure your bond and ensure compliance.
While a global supply-chain crisis is crimping sales for companies from Apple Inc. to Caterpillar Inc., transportation firms are riding an unprecedented profit boom. Trucking companies, in particular, have seen freight volume and prices jump as imported goods flood into the U.S., easily making up for higher wages to recruit…
Oilfield workers are a tough breed. Some may be a little bit rough around the edges. Some may have little formal education. Some may have advanced degrees. Some do very hard physical labor. Some have it easier. It really depends on what role you play and what profession you are…
