A new way to haul and improve performance with flexible dedicated capacity

Shippers, carriers and brokers all share a desire for consistency. The freight market has seen unstable market conditions in the last few years, making it difficult for stakeholders to find consistency and they are increasingly looking to dedicated freight as a means of ensuring predictable volume and capacity.

When shippers hear “dedicated,” they think of lower rates with superior service. Consistent service is critical for shippers that need to meet customer expectations for their products...

https://www.freightwaves.com/news/a-new-way-to-haul-and-improve-performance-with-flexible-dedicated-capacity

Carrier-focused TMS improves efficiency for fleets of all sizes

A transportation management system, when used to its full potential, is one of the most powerful tools in the supply chain. It acts as a holistic system for a logistics company to plan, execute and analyze all aspects of its logistics and business functions. While the TMS market continues to grow overall, adoption by the underserved carrier segment is still lagging.

Farhan Rafique, co-founder and chief operating officer of LoadStop. (Photo: LoadStop)

“Unfortunately, the trucking segment has...

https://www.freightwaves.com/news/carrier-focused-tms-improves-efficiency-for-fleets-of-all-sizes

Google Cloud brings on Cart.com to overhaul its DTC e-commerce

Google Cloud partners with Cart.com, end-to-end e-commerce platform, to provide data analytics for its brands

In order to survive in today’s world of rapid-fire commerce, you either need to be an e-commerce business or you need to be working with one. Even after skyrocketing in 2020, e-commerce sales are projected to grow another 18% to 23% year-over-year in 2021, according to the National Retail Federation.

Unsurprisingly, one of the United States’ largest corporations is well aware of this. Google Cloud, the cloud computing arm of Alphabet, is partnering with e-commerce-as-a-service (ECaaS) company...

https://www.freightwaves.com/news/google-cloud-brings-on-cart-com-to-overhaul-its-dtc-e-commerce

Intelligent Audit names Hannah Testani CEO, adds to executive team

Hannah Testani has been named chief executive officer of Intelligent Audit, assuming the role from her father, Yosie Lebovich, the company founder who will now transition to chief technology officer.

Testani had been chief operating officer at IA, a global leader in multimodal transportation invoice audit, business intelligence and advanced analytics. Her former position will be filled by Paul Finley, former vice president of operations. 

IA’s board of directors also appointed Testani’s brother...

https://s29755.pcdn.co/news/intelligent-audit-names-hannah-testani-ceo-adds-to-executive-team

LIBOR: Shipping’s elephant in the room

The shipping industry’s vessel loans are typically taken on the basis of a premium over LIBOR. LIBOR has been experiencing upward pressure since early 2017, as major central banks have moved to a tightening stance. The three-month LIBOR has risen to 2.3% as of April 2018, the highest rate seen since November 2008, the early days of the financial crisis.

As LIBOR increases, stresses on shipping industry balance sheets, cash flows and earnings also rise. With rates still at relatively low levels...

http://blogs.platts.com/2018/05/03/libor-shipping-elephant-in-the-room/

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