Less-than-truckload shipping

JD.com Announces the Proposed Acquisition of Deppon Logistics Co., Ltd by JD Logistics

Retrieved on: 
Sunday, March 13, 2022

Deppon is an integrated, customer-centered logistics company providing a wide range of solutions including Less-Than-Truckload (LTL) transportation, Full Truck Load (FTL) transportation, delivery services, and warehousing management in China.

Key Points: 
  • Deppon is an integrated, customer-centered logistics company providing a wide range of solutions including Less-Than-Truckload (LTL) transportation, Full Truck Load (FTL) transportation, delivery services, and warehousing management in China.
  • The transactions are subject to a staggered acquisition arrangement and certain customary closing conditions, including relevant regulatory approvals.
  • Upon completion of the proposed transactions, Deppon Holdco (including Deppon and its subsidiaries) will become a subsidiary of JD Logistics, and its financial results will be consolidated into JD Logistics consolidated financial statements.
  • JD.coms cutting-edge retail infrastructure seeks to enable consumers to buy whatever they want, whenever and wherever they want it.

Trucker Path Joins Data Aggregation and Task Automation Provider, LoadBoard Network

Retrieved on: 
Friday, February 25, 2022

"Through the LoadBoard Network, Trucker Path users can access hundreds of thousands of loads daily," said Jeff Ogren, SVP business development and strategy for Trucker Path.

Key Points: 
  • "Through the LoadBoard Network, Trucker Path users can access hundreds of thousands of loads daily," said Jeff Ogren, SVP business development and strategy for Trucker Path.
  • Making the LoadBoard Network part of the Trucker Path ecosystem gives our users access to a much larger pool of reliable carriers, brokers and shippers through a seamless digital booking experience.
  • LoadBoard Network automates load posting to a network of dozens of independent load boards and carrier applications simultaneously.
  • LoadBoard Network develops innovative SaaS technology to help transportation brokers and freight shippers run their businesses more efficiently through data aggregation and task automation.

PCS Software Quarterly Innovation Update - Fourth Quarter, 2021

Retrieved on: 
Tuesday, February 15, 2022

HOUSTON, Feb. 15, 2022 /PRNewswire/ -- PCS Software a leading AI-powered transportation management (TMS) platform provider for shippers, carriers and brokerages in North America, reached an important milestone in the fourth quarter with 12 major technological advances in its AI-powered transportation management platform.

Key Points: 
  • The "Hey PCS" feature has a list of voice commands for drivers to ask questions like "Where is my next pickup?"
  • Another update is for PCS Payments Express, a module that carriers and brokerages use to add a "Pay Now" button to email invoices.
  • PCS Software is an AI-driven transportation management platform leader fielding disruptive innovation for mid-to-large sized enterprise shippers, carriers, and brokers in the United States and Canada.
  • Cloud-based, API-integrated, PCS Software automates the entire transportation logistics operation via a single, comprehensive solution.

iShared's Shared Truckload Service Eliminates the hassle of OS&D and LTL claims for shippers

Retrieved on: 
Tuesday, February 1, 2022

Fla., Feb. 1, 2022 /PRNewswire/ -- LTL claims for shortages and damages eat into shippers' revenue every day.

Key Points: 
  • Fla., Feb. 1, 2022 /PRNewswire/ -- LTL claims for shortages and damages eat into shippers' revenue every day.
  • iShared Truckload solves for lost sales by reducing the handling and cross-docking that are the root cause for most claims.
  • Bill Morrisroe, Chief Sales Officer & EVP, stated, "Small shippers utilizeiShared aggressive LTL pricing and save money.
  • Our LTL Optimizer has low rates with dozens of LTL providers, for shipment too small for our iShared Truckload network.

AFS Logistics Releases January 2022 Cowen/AFS Freight Index That Predicts No End In Sight for Sky High Shipping Costs

Retrieved on: 
Thursday, January 13, 2022

The predictions are derived from AFS Logistics freight data across transportation modes including truckload, LTL, parcel express and parcel ground sectors.

Key Points: 
  • The predictions are derived from AFS Logistics freight data across transportation modes including truckload, LTL, parcel express and parcel ground sectors.
  • AFS Logistics uses the predictions from the Cowen/AFS Freight Index to help its clients navigate, budget, and strategically plan for whats ahead in 2022.
  • Cowen will use the Freight Index to provide its institutional clients with predictive pricing tools for multiple sectors within the freight industry.
  • The AFS portfolio of services features Audit, Parcel, LTL, and Transportation Management, which includes Freight Brokerage and Freight Forwarding.

Forward Air Announces Largest Ever Rate Increase for Independent Contractor Drivers

Retrieved on: 
Thursday, December 16, 2021

Forward offers a robust nation-wide expedited LTL operation, allowing independent contractors to run from one Forward terminal to another in our closed LTL network - which combined with our sixth-rate increase in five years provides an outstanding environment for success.

Key Points: 
  • Forward offers a robust nation-wide expedited LTL operation, allowing independent contractors to run from one Forward terminal to another in our closed LTL network - which combined with our sixth-rate increase in five years provides an outstanding environment for success.
  • Fleet owners and owner operators can expect consistent miles, revenue, and mobile app technology to assist in the management of their business.
  • Forwards lucrative sign on bonus program is still in place to help drive first year profitability for a transitioning Owner Operator/Fleet Owner.
  • Forward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company that provides services across the United States and Canada.

MyCarrier Holds the Key to Sustainability Amid Supply Chain Disruptions

Retrieved on: 
Tuesday, November 9, 2021

While most are prioritizing low costs over sustainability, MyCarrier, an automated Less-Than-Truckload (LTL) shipping management platform, can deliver both to shippers and carriers.

Key Points: 
  • While most are prioritizing low costs over sustainability, MyCarrier, an automated Less-Than-Truckload (LTL) shipping management platform, can deliver both to shippers and carriers.
  • MyCarrier is the only shipping management platform today that works with multiple carriers to implement eBOL.
  • In fact, over 70% of shipments on the MyCarrier platform now utilize eBOL.
  • Tommy Barnes, transportation industry veteran and MyCarrier CRO, has seen the advantages of eBOL firsthand.

Trucker Path Continues Driver-First Focus with Key Executive Hires

Retrieved on: 
Tuesday, November 9, 2021

"With their collective expertise, we will focus on the details, large and small, to build solutions that enhance the driver's experience with Trucker Path.

Key Points: 
  • "With their collective expertise, we will focus on the details, large and small, to build solutions that enhance the driver's experience with Trucker Path.
  • This new team of executives, which will focus on our long standing Driver-First value proposition, will be integral to Trucker Path's future."
  • Jeff Ogren, SVP of business development, served on the founding team at Trucker Path and recently worked with SmartHop and Uber Freight.
  • Tom Wulf, vice president of sales and strategic partnerships, brings more than 20 years of sales leadership experience to Trucker Path.

project44 Expands Platform Capabilities with Announcement of “Over-the-Road Rating” Application

Retrieved on: 
Thursday, November 4, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211104005126/en/
    project44 Expands Platform Capabilities with Announcement of Over-the-Road Rating Application (Photo: Business Wire).
  • Over-the-Road Rating is a software application that centralizes information on truckload contract and spot market rates so shippers and 3PLs can make smarter buying decisions.
  • Capacity Providers benefit by generating more direct revenue from the 400+ project44 customers in North America.
  • "Over-the-Road Rating is actually an extension of one our first offerings from 2016, LTL Rating, which many customers use and love today.

Southeastern Freight Lines Sees 61% Monthly Savings With Relay Payments

Retrieved on: 
Thursday, November 4, 2021

ATLANTA, Nov. 4, 2021 /PRNewswire-PRWeb/ --Relay Payments, an electronic payment network provider for the transportation, logistics, and supply chain industries, today announced that Southeastern Freight Lines has realized 61% in monthly savings directly tied to optimized payment processing.

Key Points: 
  • ATLANTA, Nov. 4, 2021 /PRNewswire-PRWeb/ --Relay Payments, an electronic payment network provider for the transportation, logistics, and supply chain industries, today announced that Southeastern Freight Lines has realized 61% in monthly savings directly tied to optimized payment processing.
  • Southeastern Freight Lines implemented Relay to meet operational requirements in response to customer demand.
  • "Since implementing Relay, we have improved our ability to invoice, collect payments, and track reimbursements on accessorial fees," said Justin Self, Manager of Sales Support & Development for Southeastern.
  • Relay has joined forces with industry giants like Coyote Logistics, Great Lakes Transport, Old Dominion Freight Lines, and Southeastern Freight Lines to streamline their payment process and optimize operations so products get to shelves for consumer consumption quickly.