TIA chief: In tough times, strengthening broker-carrier ties is vital

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: How maintaining broker/carrier relationships is essential in a down market DETAILS: Anne Reinke, the president and CEO of the Transportation Intermediaries Association, talks about the natural tension between brokers and carriers and how it can be overcome. KEY QUOTES FROM ANNE…

Echo Global Logistics CEO: Freight recession may ease by end of 2024

Doug Waggoner, CEO of Echo Global Logistics, said he believes the freight market has bottomed out, shed excess trucking capacity and could stabilize by the end of the year. Founded in 2005 by Bradley Keywell and Eric Lefkofsky, Echo Global Logistics is a global provider of technology-enabled supply chain management services. Waggoner has served as…

Freight volumes build at the Port of Savannah

On Monday, Georgia Ports released February container volume numbers for the Port of Savannah: total throughput of 451,670 twenty-foot equivalent units, good for 14.4% year-over-year growth. Loaded imports totaling 219,000 TEUs were up 19% year over year, and loaded exports of 121,930 TEUs were 10% above February 2023. To put the overall volume numbers into…

TSA rule change provides regulatory relief to air logistics providers

The Transportation Security Administration is easing the compliance burden on airfreight intermediaries by allowing the logistics businesses to submit applications renewing security credentials once every three years instead of annually, according to a recent regulatory notice. The rule change, which takes effect on Monday, impacts about 3,800 indirect air carriers registered with the TSA. The…