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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Kevin Hill and Joe Lynch discuss the freight brokerage market. Kevin is the owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. He is also the host of Put That Coffee Down, a popular freight sales show on FreightWavesTV.
Logistics Industry Outlook with John Larkin. John Larkin and Joe Lynch discuss the logistics industry outlook. Clarendon remains 100% focused on the transportation & logistics industry, broadly defined. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc.,
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. About Kevin Coomes Kevin Coomes , the Vice President of Sales at Greenscreens.ai, is an accomplished freight tech professional with over 15 years of sales, business development, and start-up experience spanning two countries.
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.
Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.
Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. About Felipe Capella Felipe Capella Co-founder and CEO of Loadsmart , a leading digital freight technology company.
Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts.
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. About FreightWaves.
John is a legendary builder; he was a founding member of both the Uber Freight product team and the Echo Logistics carrier sales team, and co-founded Isometric Technologies in February 2020. ISO provides a neutral, single source of truth for logistics performance, eliminating siloed systems and human analysis. The Greenscreens.ai
Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing.
What Will Tomorrow’s Freight Broker Do with Ben Buchanan. Ben Buchanan and Joe Lynch talk about what tomorrow’s freight broker will do. Ben has a decade of experience in freight brokerage across various leadership roles, building best-in-class teams for high growth and scalability while delivering for the customer.
What Will Tomorrow’s Freight Broker Do with Ben Buchanan. Ben Buchanan and Joe Lynch talk about what tomorrow’s freight broker will do. Ben has a decade of experience in freight brokerage across various leadership roles, building best-in-class teams for high growth and scalability while delivering for the customer.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. About Mark McEntire . Mark joined Emerge in January 2022.
Ramco’s Logistics Software is a unified cloud-based software covering the end to end needs of third-party logistics, freight forwarders, and parcel/courier service providers who are seeking a high-performance logistics software. as it is the future of the industry. Utilize integration for extrapolation and analysis. About Ramco.
DHL offers a wide range of transportation options for the specific needs of the life sciences and healthcare industry, including air and ocean freight. DHL LifeConEx is a premium and customized temperature-controlled air freight service that provides post-shipment diagnostics, cold chain optimization, and data analysis services.
Vehicle-to-Vehicle (V2V) communication systems are revolutionizing road safety, especially in the freight, trucking, and logistics industry. Processing and Analysis: Each vehicle processes received data to assess potential collision risks. Advanced algorithms determine the need for actions such as braking or lane changes.
Freight Rate Volatility Economic slowdowns lead to heightened competition among shipping lines, with companies bidding for a smaller pool of available cargo. This competition can result in landslide of freight rates, making it challenging for shipping companies to maintain profitability. Source: Company Reports, Linerlytica 2.
Adam has built memorable growth stories for numerous companies throughout the supply chain, healthcare, and technology industries, and is a leading mind for growth and marketing in the B2B space. They also offer supply chain and logistics services specifically tailored to the trucking industry.
Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. About Felipe Capella. About Loadsmart.
Jess is a logistics veteran with 17 years of experience across the industry spectrum. Jess even transitioned to the technology side, leading a freight pay and audit company and building their proprietary platform. Now, as CEO of Solving Work, Jess is laser-focused on the human side of logistics.
Clarendon remains 100% focused on the transportation & logistics industry, broadly defined. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., Additionally, Mr. Larkin is an Advisor to Bakken Energy and Hoptek and is a member of Aurora’s Industry Advisory Council.
Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. He earned a B.S. in Logistics from MIT, and an MBA from Georgia Tech.
The coming months are going to be a real test of the shipping industry in terms of how it can manage capacity and coordinate to meet the needs of customers. That is why the Shanghai Containerized Freight Index (SCFI) recently recorded the highest spot rates in history. The statistics are startling. Contract Extensions.
What will potentially happen later this year will be twenty driverless trucks with plans for freight hauling starting on Interstate 45 between Dallas and Houston, Texas. that will carry loads between terminals for FedEx, Uber Freight, and many others. One line is owned by a Pittsburgh-based company named Aurora Innovations Inc.
Robert Cadena is the Co-Founder and CEO of Lean Staffing Solutions, which provides operational, marketing, sales, and technology services to the logistics and transportation industry. Freight Payment / Claims Auditing. Supply Chain Security Analysis. Payment Auditing / Processing. Inventory Management. Vendor Management.
Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. In short, the overall picture currently points out that the pendulum is on the move again and we may likely expect a strong freight market for the 2022 summer peak season.
Autonomous Freight Trucks. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success.
Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year. The Evidence.
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. By combining order-level management with cost to serve analysis, businesses gain unparalleled transparency into their operational costs.
Key factors affecting this relationship are customs tariffs and ocean freight rates, both of which have profound effects on inflation. The Relationship Between Tariffs and Freight Rates Protecting domestic industries is the main goal of tariffs and other customs duties, which are levied as taxes on imported goods.
With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.
Let’s start with some definitions of what a freight forwarder is. A freight forwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads.
Beagen is often called on for her industry expertise by major media networks, including recent features on CNBC and FreightWaves. gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to replenish inventories during one of the busiest times of the year for seaborne freight.
Personal shippers and businesses should be taking advantage of the opportunities presented by the existence of freight forwarders. For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. So, what is freight forwarding?
Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. About Felipe Capella. About Loadsmart.
CoPilot is a generative AI tool embedded in its freight management platform, ShipperGuide, that enables real-time data analysis and industry insights by harnessing the power of large language models.
While we’ve seen layoffs in the tech industry skyrocket over the past few months, we’re now observing them in the shipping industry – in the middle of Peak Season. While layoffs within the tech industry have unfortunately become common place with the current state of the global economy, the shipping industry has largely avoided them.
A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. Lower freight rates. For ocean freight rates, it is just the perfect storm to have downward pressure. West Coast ocean freight rates have bottomed out. Transpacific U.S.
Robinson’s own technology and data from the largest network in the freightindustry, our partnerships with research firms and universities help our customers stay on top of the trends that influence their supply chains. In the highly competitive trucking industry, freight rates are determined by supply and demand.
Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?
Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. He earned a B.S. in Logistics from MIT, and an MBA from Georgia Tech.
provides transportation management system software to help make freight brokers more profitable – both by helping them bring in more revenue and helping them to operate more efficiently. BrokerWare is a transportation management system (TMS) for Non-Asset Based Freight Brokers. About 3PL Systems. 3PL Systems, Inc.
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