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Layoffs continue to impact the freight industry as firms across the U.S. States that saw the most freight-related layoffs include Arizona, Alabama, California, Georgia, Florida, Illinois, Ohio, Tennessee and Texas. Freight-related companies in Mexico have also recently announced major workforce reductions. In the U.S.,
Mike Wolf and Joe Lynch discuss why freight tech fails. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. About Mike Wolf.
Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.
From humble beginnings in 1919 as a moving company in Jacksonville, Florida, The company has grown into a $600-million global transportation, relocation management and logistics company, serving 180 countries with 2,000 employees around the globe. About Scott Perry. About Suddath.
About Thomas Deakins Thomas Deakins is Founder and CEO of Thomas Deakins Consulting, a freight technology advisory. He is known for his thought leadership and experience in ESG Scope 3 transportation sustainability, TMS applications, real time supply chain visibility applications, and digital supply chain strategies.
The university’s supply chain program is part of the MIT Center for Transportation and Logistics, which offers a Master of Engineering in Logistics degree. University of Tennessee (USA) The University of Tennessee’s Haslam College of Business offers a Master of Science in Supply Chain Management degree.
In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. Lastly, air freight has been increasing rapidly over the past decade - a trend I suspect will continue. Remarkably, rail can also be cheaper with savings up to 60% over road freight.
Matt is the VP of Sustainability and Innovation at Covenant Transport Services , a premium service provider of transportation services with focus on temperature controlled products, regional, and long haul delivery. Covenant Logistics provides transportation and logistics services in the United States. About Matt McLelland.
Chattanooga, Tennessee-based Truck Parking Club recently announced it has surpassed 2,000 property member locations nationwide, a doubling of its footprint in six months. The LMI transportation metrics were mostly stale, with movement less than 1 point. Transportation prices rose more for downstream (66.7)
Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries. Kuehne + Nagel Inc. Kuehne + Nagel Inc.
Many of the children today will be the leaders of tomorrow and thankfully their access to logistics and transportation (L&T) education is abundant. Lucky for me the University of Tennessee provided me just that – so I had the ability to study at what is still a top L&T program.
Flooding and a rockslide shut down a stretch of Interstate 40 between the Tennessee and North Carolina border according to the Tennessee Department of Transportation. The post Flooding and rockslide shuts down I-40 on North Carolina-Tennessee border appeared first on FreightWaves. Roadway remains closed.
Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity? for Q2 2021, relative to Q2 2018.
Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.
I worked for a small trucking company in East Tennessee while in college, and I fell in love with the fast pace and constant challenges that would arise. Export freight went from desirable to almost unmovable and back to almost desirable. Tell our readers a little about your background and experience. in Business Management.
Those are two of the most common questions I hear about driverless trucks, or to use the term preferred by the Department of Transportation, autonomous vehicles, which includes both cars and trucks. Department of Transportation (DOT) issued federal policy for the safe testing and deployment of automated vehicles.
Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Even if you don’t grow or ship produce, your transportation performance and spend can still be directly impacted. How Produce Season Transportation Affects Rates and Capacity – State by State.
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. transport companies are cashing in on the Mexico trade boom, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business.
According to a paper published by the Global Supply Chain Institute at the University of Tennessee, only 25% of a typical company’s end-to-end supply chain is being assessed in any way for risk. Choose an insurance intermediary with experience or specific training in international logistics and transportation insurance.
based companies, and Ryan , the Founder and CEO of freight tech firm, TextLocate which provides a freight location tracking and communication solution for brokers and partner carriers. based transportation and logistics providers. About Trey Griggs . Ryan Rogers is the Founder and CEO of logistics tech startup TextLocate.
Curtis is the Senior VP of LTL at FreightPlus , a managed transportation provider. About Curtis Garrett Curtis Garrett is the Senior VP of LTL at FreightPlus, a managed transportation provider. began its family business as a negotiation consultancy in response to the deregulation of the transportation industry.
Management aims to improve the efficiency with which FedEx picks up, transports and delivers packages by integrating the legacy Express and Ground networks, with the ultimate goal of removing surplus capacity and $2 billion in annual costs. By then, about 2.5
to make two emerging technologies part of its transportation operations: battery-electric and autonomous vehicles. The manufacturer’s private fleet has deployed a fleet of Einride EVs to haul freight between GE Appliances’ inbound warehouses and manufacturing facilities in Kentucky, Georgia, and Tennessee.
The owned properties include a 68-door terminal in Knoxville, Tennessee, valued at $2.6 The last sale motion to the court included some transportation and logistics companies, including Saia ( NASDAQ: SAIA ), but also other non-LTL entities. s estate is seeking to sell four terminals valued at $6.8
None of the buyers were transportation companies. The assets consisted of facilities in Knoxville, Tennessee; Southington, Connecticut; a facility near Baton Rouge; and a smaller facility in Tupelo, Mississippi. The final sales price for the terminals was $6,845,000.
” The 2024 Atlantic hurricane season was particularly impactful for the transportation industry. Hurricane Helene destroyed key infrastructure in East Tennessee and Western North Carolina, cutting off interstate access along I-40 for months.
LTL Carrier Profile: YRC Freight. YRC Freight is the third largest less than truckload (LTL) carrier with approximately $3.2B YRC Freight has 9.2% YRC Freight is the largest subsidiary of YRC Worldwide Inc. Yellow Transportation was founded in 1924 by A.J. LTL Carrier Profile: YRC Freight Equipment & People.
Ryan is the Founder and CEO of TextLocate which provides a freight location tracking and communication solution for brokers and partner carriers. He currently serves as a mentor at Chattanooga-based transportation and logistics incubator Dynamo and is a member of the Chattanooga Technology Council. About Ryan Rogers.
Andrew Cox and Joe Lynch discuss the FreightTech 25, which is a list of 25 freight technology companies that have been recognized by FreightWaves as the most innovative. Andrew is also responsible for managing the FreightTech 25 nomination and selection process and is a co-host of the freight finance podcast, Great Quarter, Guys.
After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Walmart puts its students up in a hotel and transports them back and forth to the training center while they continue to be paid.
According to a paper published by the Global Supply Chain Institute at the University of Tennessee, only 25% of a typical company’s end-to-end supply chain is being assessed in any way for risk.
FreightWaves is the leading Freight Intel provider, offering current digital intelligence and context to the freight community on a central platform. [03:50] 36:58] Is Tennessee a business-friendly state? People call it the Bloomberg of freight. 47:10] Let’s say I’m a little trucking company or freight broker.
Ground transportation’s consolidation process also generates fewer carbon emissions and leaves a smaller environmental footprint than shipping individual items back to retailers. Retailers have found that consolidating returns can increase efficiency and reduce costs by using fewer supplies and less labor to pack and ship the products.
Craig Fuller is CEO and Founder of FreightWaves, the only freight-focused organization that delivers a complete and comprehensive view of the freight and logistics market. FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform.
Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
Still, some freight managers understandably find it difficult to accept that paying for an automated version of such a routine operation saves money and improves customer service. Now let’s consider the two remaining Tennessee orders. So complicated, in fact, that doing the calculations manually often results in costly errors.
Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced. Premium freight capacity improves. Reshoring Stats Since 2013.
One will tell me the he’s coming into the Smokey Mountains in Tennessee, another on some big long climb in Wyoming, and yet another who is running into heavy traffic coming in or out of the Chicago land area. Murray Pratt President Tailwind Transportation Software Sign Up Today - First 30 Days Free!
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