Averitt Archives - Maritime Shipping News

Averitt expands Nashville-area distribution, fulfillment operation

1 February 2024

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Averitt Express has moved into a new distribution and fulfillment center near Nashville as part of...

https://www.freightwaves.com/news/averitt-expands-nashville-area-distribution-fulfillment-operation

Increasing velocity to market with micro-fulfillment

16 October 2023

Getting products to their end destination as fast as possible has always been a top goal of shippers. Over the past five years especially, businesses have had a greater incentive to hasten speed to market. While e-commerce sales ballooned during the pandemic in 2020 due to consumers staying home and buying online, it continues to flourish now. In 2022, e-commerce sales surpassed $1 trillion in the U.S.

Ed Smith, VP of distribution and fulfillment at Averitt, sat down with FreightWaves’ Michael...

https://www.freightwaves.com/news/increasing-velocity-to-market-with-micro-fulfillment

Averitt Express staying elastic amid LTL volume surge

18 August 2023

It’s been three weeks since the closure of the nation’s third-largest less-than-truckload carrier, Yellow, and the impact is still being felt across the industry.

Kent Williams, executive vice president of sales and marketing at Averitt Express, a Tennessee-based transportation provider, estimates that Averitt alone has seen an additional 2,000 daily shipments since Yellow ceased operations.

When major carriers shutter, additional volume enters the market while capacity leaves it. For carriers...

https://www.freightwaves.com/news/averitt-express-staying-elastic-amid-ltl-volume-surge

Technology will prove crucial during market downturn

25 July 2022

White tractor-trailer traveling toward dark storm cloud.

The logistics industry is undergoing a serious technological revolution. The space, which was once characterized by its reticence to embrace modern solutions, has changed rapidly since the ELD mandate went into effect almost five years ago. Now, it is clear that technology offers a pathway to a safer – and more profitable – future.

Additionally, the freight market has experienced a slow but steady softening over the past few months, balancing the pricing power between shippers and carriers. As...

https://www.freightwaves.com/news/technology-will-prove-crucial-during-market-downturn

Weathering rising fuel costs requires team effort between shippers, carriers

16 June 2022

Diesel costs have reached staggering levels. Rising fuel costs have affected every link in the supply chain, across all modes of transportation. Companies throughout the industry have had difficulty weathering these costs, which threaten their overall profitability.

“The shipper and the receiver of commercial goods will often be hit from origin to destination,” Kent Williams, Averitt EVP of sales and marketing, said. “Moving goods from overseas factories to distribution centers to ports, then...

https://www.freightwaves.com/news/weathering-rising-fuel-costs-requires-team-effort-between-shippers-carriers