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"Stay Out Of The Sand Traps" -- Brokers Navigate Tricky Bid Season
Tuesday, January 22, 2019 - 1:38pm | 908As the transportation and logistics industry moves into bid season, we're starting to see the effect of lessons learned from 2018. Both shippers and brokers are becoming more creative, with both sides trying to proactively manage risk and stay flexible enough to seize opportunities as they...
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Additive Manufacturing Technology Unlocks "Build On Demand"
Monday, January 21, 2019 - 5:05pm | 741Technological improvements continue to improve manufacturing processes. And manufacturing is always relevant to the supply chain; growth in the manufacturing sector means more demand in for the freight market. Inefficiency usually leads to waste materials that in some cases cannot be reused. In...
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Daseke Joins Blockchain In Transport Alliance
Monday, January 21, 2019 - 4:55pm | 530Daseke Inc (NASDAQ: DSKE), the largest flatbed, specialized transportation and logistics solutions company in North America, has joined the Blockchain in Transport Alliance (BiTA), an industry group working to develop standards and promote the effective use of the emerging technology....
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Today's Pickup: Philly Fed Index Posts Decent January, Morgan Warns On High Inventories
Monday, January 21, 2019 - 11:58am | 940Good day, everyone. The Philadelphia Federal Reserve's manufacturing index, one of the broad indices that businesses and investors toss into their analytical stew, rose in January to a seasonally adjusted reading of 17 from 9.1 in December. Any reading above zero indicates improving...
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"The Port That Never Sleeps": Savannah's Ambitious Plans For Expansion
Monday, January 21, 2019 - 11:48am | 1155David Porter of Georgia Ports speaking at Freight Alley, the community space in FreightWaves' new headquarters. (Photo: Josh Roden / FreightWaves) North America's most efficient port wants to serve the Midwest faster and cheaper than Los Angeles/Long Beach Georgia Ports will invest $2...
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UPS Goes Against Tradition – Outsider Named To Run Its Fastest-Growing Unit
Friday, January 18, 2019 - 5:13pm | 966The keys to UPS Inc.'s (NYSE: UPS) fastest-growing and arguably its most pivotal 21st century business have been handed to an outsider. Earlier this week, Philippe Gilbert took the reins as the first president of the company's Supply Chain and Freight operation, one of the Atlanta-...
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Redwood Logistics: Benefits Of M&A In Transportation And Logistics
Friday, January 18, 2019 - 3:43pm | 58Cultural alignment matters: one of the greatest barriers to successful M&As is lack of cultural integration.
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Conflicting Data Clouds Reality Of The Freight Markets
Friday, January 18, 2019 - 1:30pm | 1633As we pointed out last week, December was a month of growing uncertainty and severe declines in the U.S. financial markets. Since then, equity valuations have attempted to recover, as have many commodity prices. There is an abundance of theories but nothing close to a consensus view. The ongoing...
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The Next Freight Recession And What You Can Do About It
Friday, January 18, 2019 - 1:28pm | 1336Last year was one of the strongest years for transportation and logistics companies. E-commerce continued to gain market share and increase demand for parcel shippers; tariff uncertainty and freight pull-forward put a premium on warehousing space and services; steamship lines achieved something...
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Michigan State University's Department Of Supply Chain Management And FreightWaves Sign Memorandum Of Understanding
Thursday, January 17, 2019 - 3:32pm | 567Michigan State University's (MSU) Department of Supply Chain Management (MSU Supply Chain), which is part of the Broad College of Business, and FreightWaves, a data/analytics, risk management and information company, have signed a memorandum of understanding (MOU). The purpose of the agreement...
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A 22-Year-Old Whiz Kid Moves From Ice Cream To Freight
Thursday, January 17, 2019 - 3:29pm | 1268Max Lock got his first job at age 14 – when he landed a gig as an IT administrator for a chain of pizza restaurants on the East Coast. "My parents thought I was crazy," said Lock, founder and president of Fleet, a Portland-based digital freight forwarding company he founded at the...
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Port Report: Los Angeles Box Volumes Are High, But So Is Trucker Dissatisfaction
Thursday, January 17, 2019 - 11:28am | 1221The Port of Los Angeles finished up a strong 2018 for container moves, and 2019 is starting out strong as well. But the volumes coming through the port might be too much of a good thing for drayage carriers in the region, who report ongoing delays in moving containers in and out of the Port's...
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FreightWaves NOW - January 16, 2019
Wednesday, January 16, 2019 - 6:10pm | 92On today's episode, Chad Prevost talks with Market Expert Micheal Crosby and Chief Legal Officer Kevin Martin about capacity volumes, and the Supreme Court ruling. Watch Now
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FedEx To Acquire Israeli-Based Flying Cargo Group's International Express Business
Wednesday, January 16, 2019 - 6:02pm | 359FedEx Express, the air and international unit of FedEx Corp. (NYSE: FDX), has reached a conditional agreement to acquire the international express business of Flying Cargo Group, FedEx Express' long-standing Israeli agent. Flying Cargo Group is one of the most world's most iconic...
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Industry Fears Hard Brexit Is Closer; Markets Believe Soft Exit Is Possible
Wednesday, January 16, 2019 - 3:47pm | 725Logistics and transport industry figures have reacted with alarm following the British Government's significant defeat in the House of Commons yesterday, fearing that the result brings a disastrous "no deal Brexit" closer, but a bounce in the value of the pound shows the markets are...