FreightWaves’ State of Freight webinar for March offered a bit of optimism that the freight market could improve at some point later this year. Craig Fuller, FreightWaves CEO and founder, and Zach Strickland, director of freight market intelligence, said while they don’t see any clear signs of a significant boost in the overall freight industry,…
If freight brokers weren’t so preoccupied with celebrating competitor missteps, one of them might have beaten Robert Bosch to RevX — a spot load aggregation tool that also flags double brokering. The cloud-based RevX is the second product from the German auto supplier’s global Logistics Operating System (L.OS), aimed at simplifying technology and operational processes…
Isaac Instruments announced that J.S. Bouchard, one of the company’s co-founders, will take on the role of chief product officer. Most recently, he served as executive vice-president, responsible for implementing […]
It’s a good news edition of our weekly economic trucking trends report. Truck tonnage spiked in February, trucking conditions improved slightly, February trailer orders were strong, and both rates and […]
FedEx Corp. late Thursday reported adjusted earnings of $3.86 per diluted share in its fiscal 2024 third quarter, well above analysts’ estimates of $3.45 per share, sending shares up sharply in after-hours trading. The company (NYSE: FDX) said cost cuts and efficiency improvements offset continued macroeconomic weakness. FedEx Express, the company’s air and international unit…