3PL Summit

Data can unlock hidden potential, says Isometric Technologies COO

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: How to Use Data to Build a Competitive Advantage in Logistics

DETAILS: John Stauffer explains that more data has become accessible with growing digital capabilities since 2007 when freight operations began to become automated. Companies have learned to leverage large volumes of data to be more efficient.

KEY QUOTES FROM JOHN STAUFFER:

“I think leveraging data and understanding your strengths and weaknesses...

https://www.freightwaves.com/news/data-can-unlock-hidden-potential-says-isometric-technologies-coo

Logistics M&A market looks brighter in 2024

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: M&A activity in 2023 and an outlook for 2024

DETAILS: Gaurang Shastri, managing director at Lincoln International,says logistics companies are looking to round out their service offerings with acquisitions that can keep customers in the fold. Lincoln International is an investment bank.

KEY QUOTES FROM SHASTRI: 

On M&A activity in 2023: “It’s pretty striking if you look at the slowdown that we saw last year...

https://www.freightwaves.com/news/logistics-ma-market-looks-brighter-in-2024

Qued aims to streamline, automate load scheduling for shippers, carriers

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: How automation is revolutionizing appointment scheduling

DETAILS: Qued President Tom Curee sits down with FreightWaves’ Thomas Wasson at FreightWaves’ 3PL Summit on Wednesday to discuss his cloud-based company’s new software offering, which streamlines and automates the load appointment scheduling process among shippers, 3PLs and carriers.

KEY QUOTES FROM CUREE: “We built our process out to give users...

https://www.freightwaves.com/news/qued-aims-to-streamline-automate-load-scheduling-for-shippers-carriers

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 REINKE:

“There’s always a level of distrust. So how you combat that in a down market is particularly interesting because brokers...

https://www.freightwaves.com/news/tia-chief-in-tough-times-strengthening-broker-carrier-ties-is-vital

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 CEO of the Chicago-based company since December 2006.

“The number of trucks is declining, so not only the number of carriers, but the number of trucks...

https://www.freightwaves.com/news/echo-global-logistics-ceo-freight-recession-may-ease-by-end-of-2024

3PLs can guide shippers through complexities of cross-border trade

This fireside chat recap is from the FreightWaves 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: The future of cross-border freight and third-party logistics providers.

DETAILS: Cargado’s Matt Silver breaks down the changing role of 3PLs and how they can help shippers as more manufacturers move their supply chains to Mexico.

SPEAKERS: Silver, co-founder and CEO of Cargado, a FreightTech firm that is building software to simplify the cross-border shipping process, and FreightWaves’ Mary O’Connell.

KEY...

https://www.freightwaves.com/news/3pls-can-guide-shippers-through-complexities-of-cross-border-trade

Why brokers should care about nuclear verdicts and speed limiters

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: Legal issues and regulations to watch for in 2024.

DETAILS: Transportation attorney Matthew Leffler dives into three hot topics affecting commercial trucking — nuclear verdicts, speed limiters and noncompete agreements — and how brokers should prepare for them.

KEY QUOTES FROM MATTHEW LEFFLER:

“If I’m the plaintiff’s attorney with someone involved in a catastrophic accident, I’m going after the motor...

https://www.freightwaves.com/news/why-brokers-should-care-about-nuclear-verdicts-and-speed-limiters

The state of 3PLs is fragmented along data analytics technology lines

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: How 3PLs Can Start Their Data Analytics Journey in the Age of AI

DETAILS: Brian Armieri, a co-founder and managing partner of Third Axiom Solutions, which builds analytics and AI for transportation companies, talks about how 3PLs can use AI to become data-driven organizations.

KEY QUOTES FROM BRIAN ARMIERI: 

“To look at the big 3PL picture or all 3PLs, I’d say in three words the state is fragmented,...

https://www.freightwaves.com/news/the-state-of-3pls-is-fragmented-along-data-analytics-technology-lines

Evaluating FreightTech: Prioritizing business needs and user enablement

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: A guide on how to evaluate FreightTech products

DETAILS: In this fireside chat, Ryan Schreiber, chief growth officer at Metafora, dives into the critical considerations leaders must ponder when assessing their companies’ FreightTech requirements. He dissects the distinction between early and late technology adoption, pinpointing key business challenges. 

KEY QUOTES FROM SCHREIBER:

“Number one, you need to...

https://www.freightwaves.com/news/evaluating-freighttech-prioritizing-business-needs-and-user-enablement

3PL recap: How to get on top of cargo insurance conundrum

FIRESIDE CHAT TOPIC: Educating brokers on proper coverage for shippers’ high-risk, high-value cargo.

DETAILS: Mark Vickers is executive vice president and head of international logistics for insurance company Reliance Partners. Vickers spent years on the 3PL side handling high-value and high-risk shipments within the U.S. and to and from Mexico. Vickers spoke with FreightWaves reporter Grace Sharkey about the common mistakes brokers make when evaluating different coverages, especially for...

https://www.freightwaves.com/news/3pl-recap-how-to-get-on-top-of-cargo-insurance-conundrum

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