Uber Freight continues to struggle to get into positive EBITDA, and its quarterly revenue was the lowest full-quarter figure since it absorbed Transplace in the fourth quarter of 2021. Earnings before interest, taxes, depreciation and amortization for Uber Freight was negative $12 million. That actually is the strongest performance on that measurement since the fourth…
Korber Supply Chain Software announced Tuesday it is acquiring MercuryGate International Inc., a TMS provider, for an undisclosed sum. According to a news release from Korber Supply Chain Software, MercuryGate is known for its capabilities in multimodal optimization and execution.“The acquisition is a strategic move that extends Korber Supply Chain Software’s capabilities in delivering a…
The Future of Freight Festival in Chattanooga, Tennessee, is the event of the fall. Subscribers to Check Call have a special discount code for F3 registration. This is going to be one of the best deals on F3 tickets. Use the code CheckCallF324 or go to this link, and the discount will be applied. There…
After roaring into Florida Monday morning as a Category 1 hurricane, Tropical Storm Debby is crawling up the East Coast, bringing with it catastrophic flooding and dumping feet of rain on some parts of the country. Debby has closed ports, damaged homes and businesses, and claimed at least five lives during what is expected to…
Expeditors International recorded a second quarter in which airfreight tonnage rose significantly year on year, while ocean freight tonnage declined from a year ago. By kilograms, airfreight rose 13% in April, 15% in May and 19% in June, on the way to a 15% overall increase in tonnage from a year earlier. That followed a…