Truckload shipping

Sunset Pacific Transportation expands Partial Truckload shipping footprint to Chicago market

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월요일, 4월 29, 2024
LTL, Supply, Partner, Transport, Truckload shipping, Partnership, Multimedia, Partial, Airline

CHINO, Calif., April 29, 2024 /PRNewswire-PRWeb/ -- Sunset Pacific Transportation announced today that it has expanded its nationwide footprint for Partial Truckload shipping into the Chicago market through a strategic partnership with Partners Warehouse. Effective immediately, customers can get a freight quote for shipments originating out of Chicago and neighboring markets with destinations to all 48 states by calling 1-888-533-4086 or emailing [email protected]. Shipment execution to all 48 states will officially begin on May 6, 2024.

Key Points: 
  • Sunset Pacific Transportation announced today that it has expanded its nationwide footprint for Partial Truckload shipping into the Chicago market through a strategic partnership with Partners Warehouse.
  • CHINO, Calif., April 29, 2024 /PRNewswire-PRWeb/ -- Sunset Pacific Transportation announced today that it has expanded its nationwide footprint for Partial Truckload shipping into the Chicago market through a strategic partnership with Partners Warehouse.
  • "Our Partial Truckload pilot in Chicago has been wildly successful" says Josh Craig, Executive President at Sunset Pacific Transportation.
  • With its Chicago market entry made possible through Partners' local footprint, Sunset Pacific Transportation will now pick-up freight for consolidation in all Chicago lanes, northwest Indiana and the greater Milwaukee area.

Uber Freight Bolsters Executive Team with Industry Veterans Dan Annunziata and Hany Elkordy to Drive Market Expansion

Retrieved on: 
수요일, 4월 3, 2024
Last mile, Convoy, Truckload shipping, Growth, Amazon, Transport, LTL, Business, Magic, Small business, Commercial, Head, Intermodal transport, Heart, 3PL, Last, Amazon (company), Norfolk Southern Railway

Joining the Uber Freight family Dan Annunziata, appointed as Head of Commercial, and Hany Elkordy, assuming leadership of the Last Mile division.

Key Points: 
  • Joining the Uber Freight family Dan Annunziata, appointed as Head of Commercial, and Hany Elkordy, assuming leadership of the Last Mile division.
  • “Uber Freight has a compelling value proposition for shippers of all types; long gone are the days of the perceived digital startup,” said Dan Annunziata.
  • In his new role at Uber Freight, Hany will spearhead parcel modality enhancements and expansion, working closely with product, operations, and technology teams.
  • “Uber Freight is uniquely positioned to expand its logistics solutions into the Final Mile space,” said Hany Elkordy.

Sheer Logistics Acquires CargoBarn

Retrieved on: 
화요일, 4월 2, 2024
Sheer, Truckload shipping, Growth, Transport, Global warming potential, TMS, Acquisition, Food court, Food, Supply, Dashboard, Drink, 3PL, Cloud-based integration, Logistics, Demand, Integration platform, Warehouse

ST. LOUIS, April 2, 2024 /PRNewswire/ -- Sheer Logistics, a premier provider of 4PL/Managed Transportation Services, value-based logistics, freight brokerage, TMS technology and Integration Platform as a Service (IPaaS) solutions purpose-built for mid-market companies, today announced the acquisition of CargoBarn, a tech-enabled third-party logistics provider (3PL) based in Atlanta, GA. CargoBarn provides full Truckload freight brokerage, expedited, drayage, and other specialized services. The acquisition will enhance Sheer's existing 3PL and freight brokerage offerings through the addition of CargoBarn's diverse and complementary customer portfolio, extensive carrier network, highly experienced sales and operations teams, and geographic footprint. The acquisition also further bolsters Sheer Logistics' core 4PL/Managed Transportation Services offering. CargoBarn's freight brokerage expertise provides additional depth and breadth to the managed capacity services Sheer Logistics provides to many of its 4PL/Managed Transportation Services customers. The newly combined entity will ultimately operate under the Sheer Logistics brand.

Key Points: 
  • ST. LOUIS, April 2, 2024 /PRNewswire/ -- Sheer Logistics , a premier provider of 4PL/Managed Transportation Services, value-based logistics, freight brokerage, TMS technology and Integration Platform as a Service (IPaaS) solutions purpose-built for mid-market companies, today announced the acquisition of CargoBarn, a tech-enabled third-party logistics provider (3PL) based in Atlanta, GA. CargoBarn provides full Truckload freight brokerage, expedited, drayage, and other specialized services.
  • CargoBarn's freight brokerage expertise provides additional depth and breadth to the managed capacity services Sheer Logistics provides to many of its 4PL/Managed Transportation Services customers.
  • "CargoBarn has distinguished itself in a crowded logistics market through its unwavering focus on providing shippers with seamless and worry-free transportation services," said Joel Gard, CEO of Sheer Logistics.
  • "I am excited to welcome CargoBarn to the Sheer Logistics team.

TFI International Announces 2023 Fourth Quarter and Full-Year Results

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목요일, 2월 8, 2024
Truckload shipping, EPS, Ratio, Sale, Logistics, Less-than-truckload shipping, CFI

The increase is primarily due to contributions from business acquisitions offset by reduced volumes driven by weaker end market demand.

Key Points: 
  • The increase is primarily due to contributions from business acquisitions offset by reduced volumes driven by weaker end market demand.
  • Operating income of $198.3 million compared to $216.9 million the prior year period.
  • Operating income declined for Package and Courier by 8%, for Less-Than-Truckload by 19%, and for Truckload by 29% and increased for Logistics by 60% in the fourth quarter in comparison to the prior-year.
  • During 2023, total revenue declined 10% for Package and Courier, 16% for Less-Than-Truckload, 21% for Truckload and 4% for Logistics relative to the prior year.

TFI International Agrees to Acquire Daseke for $8.30 in Cash per Common Share

Retrieved on: 
금요일, 12월 22, 2023
P&C, Truckload shipping, Agriculture, Acquisition, TFI, LTL, TSX, Transport, TFI International

Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.50 per share in 2025 based on current market conditions.

Key Points: 
  • Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.50 per share in 2025 based on current market conditions.
  • After the merger, Daseke will continue to operate its portfolio of brands as part of TFI’s Truckload segment.
  • We extend a warm welcome to the Daseke team,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI International.
  • Our immediate focus will be on improving Daseke’s financial results, with the strategic consideration to follow and be ongoing.”

Extensiv Announces Extensiv Edge 2024 and Honors 2023 Customer Award Winners

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목요일, 12월 14, 2023
Specialization, Customer success, Averitt Express, Truckload shipping, Integration, B2B, D2C, Averitt, CO, LTL, Advertising, Operation, Growth, Orientation, Transport, Organization, Warehouse

Extensiv announced the winners during the Extensiv Edge user conference held in Park City, Utah.

Key Points: 
  • Extensiv announced the winners during the Extensiv Edge user conference held in Park City, Utah.
  • Extensiv Edge gives us the opportunity to recognize our customers’ innovation and bring together industry leaders to connect and network.”
    The 2023 Extensiv Customer Awards highlight customer success in productivity, innovation, growth, utilization, omnichannel achievement, and collaboration.
  • The winners of Extensiv Edge’s 2023 Customer Awards are:
    Powerhouse Award: Averitt Express : The Powerhouse Award celebrates organizations that have demonstrated the highest gains in productivity.
  • Innovation Award: Fulfillment Ninjas : The Innovation Award celebrates an Extensiv Network Manager customer who has expanded its 4PL with the most customers.

Sheer Logistics Wins 2023 Top Software & Tech Award

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수요일, 12월 6, 2023
Truckload shipping, TMS, Food, Atmosphere of Earth, Global warming potential, Ecosystem, GLEC, Intelligence, Transport, Automation, Supply, LTL, ERPs, Sheerness Steelworks, Integration platform, ERP, Cloud-based integration, Carbon accounting, SKU, Demand, Robotics, Enterprise, Top (software), WMS, Warehouse, Cargo, Dashboard, Service

ST. LOUIS, Dec. 6, 2023 /PRNewswire/ -- Sheer Logistics, a premier provider of Managed Transportation Services, value-based logistics, TMS technology and Integration Platform as a Service (IPaaS) solutions purpose-built for mid-market companies, has been named a winner of the Top Software & Tech Award by Food Logistics and Supply & Demand Chain Executive. The award was bestowed in recognition of Sheer's innovative Scope 3 CO2e Emissions Reporting and Dashboards offering, powered by SheerExchange, the company's proprietary Integration Platform as a Service (IPaaS). The Top Software & Tech Award spotlights new-to-market software and technology solutions in the supply chain space. Sheer was recognized in the Enterprise category for Supply Chain Visibility Solutions.

Key Points: 
  • The Top Software & Tech Award spotlights new-to-market software and technology solutions in the supply chain space.
  • SheerExchange powers CO2e reporting, business intelligence and the creation of best in class logistics tech ecosystems.
  • "SheerExchange is a core component of Sheer's Managed Transportation Services offering," said Rob Cook, CTO of Sheer Logistics.
  • Through SheerExchange, Sheer Logistics captures transportation data related to every mode used by the shipper, including Truckload, LTL, Flatbed, Rail, Ocean, Air, Small Parcel, and more.

Women In Trucking Association Names Shelley Simpson as 2023 Influential Woman in Trucking

Retrieved on: 
화요일, 11월 7, 2023
WIT, Truckload shipping, 6-8-6, ICS, Economics, Politics, DTNA, Canadian Women's Foundation, American University School of International Service, J. B. Hunt, Women In Trucking Association, Inc, Dean, Organization, Marketing, University, Trailblazer, Culture, Walmart, Conference, Transport, Distinguishing, Female, Council, Sam M. Walton College of Business, Human resources, Sam, Business, Daimler Truck North America, RMIT School of Vocational Engineering, Health and Sciences, Simpson, Class, Nursing, Management, Woman, Supply, Chassis, DALLAS

DALLAS, Nov. 7, 2023 /PRNewswire-PRWeb/ -- The Women In Trucking Association (WIT) presented Shelley Simpson, President, J.B. Hunt Transport Services, Inc. with its 2023 Influential Woman in Trucking award. The award is sponsored by Daimler Truck North America (DTNA), the leading manufacturer of Class 6-8 commercial vehicles in North America, and recognizes the achievements of female role models and trailblazers in the trucking industry.

Key Points: 
  • The Women In Trucking Association (WIT) presented Shelley Simpson, President, J.B. Hunt Transport Services, Inc. with its 2023 Influential Woman in Trucking award.
  • DALLAS, Nov. 7, 2023 /PRNewswire-PRWeb/ -- The Women In Trucking Association (WIT) presented Shelley Simpson, President, J.B. Hunt Transport Services, Inc. with its 2023 Influential Woman in Trucking award.
  • "It's a privilege for Women In Trucking to recognize Shelley Simpson as our 2023 Influential Woman in Trucking award winner," said Jennifer Hedrick, WIT President and CEO.
  • "In addition, I want to congratulate Shelly Simpson for being named the 2023 Influential Woman in Trucking.

WARP Announces Integration with Banyan Technology to Give Users Increased Carrier Visibility and Streamline Over-The-Road Shipping Operations

Retrieved on: 
목요일, 11월 2, 2023
Transportation management system, TMS, Parcel, OTR, Entrepreneurship, LTL, WARP, Live Connect, LIVE, Partnership, Less-than-truckload shipping, Cargo, Truckload shipping

Banyan’s WARP Middle Mile integration enables LIVE Connect® to expand OTR carrier rating and execution inside users Transportation Management Systems (TMS) across the Truckload (TL), Less-Than-Truckload (LTL), Local Carrier and Parcel modes.

Key Points: 
  • Banyan’s WARP Middle Mile integration enables LIVE Connect® to expand OTR carrier rating and execution inside users Transportation Management Systems (TMS) across the Truckload (TL), Less-Than-Truckload (LTL), Local Carrier and Parcel modes.
  • In turn, this reduces the number of additional carrier logins and keystrokes needed to execute and manage shipments.
  • “I am excited that we have partnered with WARP to further expand our OTR shipping capabilities for clients,” said Brian Smith, CEO of Banyan.
  • “Banyan customers are now able to access a new type of LTL service powered by multiple vehicle types and tech-powered cross docks” said Daniel Sokolovsky, WARP CEO and Co-Founder.

TFI International Announces 2023 Third Quarter Results

Retrieved on: 
월요일, 10월 23, 2023
Social Democrats (Slovenia), Sale, MTM, CFI, Logistics, Less-than-truckload shipping, Truckload shipping, Audit, Video game, Reinsurance, Cargo, Courier

Total revenue of $1.91 billion compared to $2.24 billion in the prior year period and revenue before fuel surcharge of $1.63 billion compared to $1.86 billion in the prior year period.

Key Points: 
  • Total revenue of $1.91 billion compared to $2.24 billion in the prior year period and revenue before fuel surcharge of $1.63 billion compared to $1.86 billion in the prior year period.
  • Operating income of $200.6 million compares to $318.4 million from the prior year period.
  • Net income of $133.3 million compared to $245.2 million in the prior year period, and net income of $1.54 per diluted share compared to $2.72 in the prior year period.
  • Operating income of $559.4 million compares to $929.2 million from the prior year period.