Specialized brokers provide leg up in strained flatbed market

Flatbed trucks move down the road. (Photo: Jim Allen/FreightWaves)

The outlook remains positive for both the housing and general construction markets. This market strength — paired with the relatively small number of flatbed carriers — means flatbed capacity is in high demand and difficult to secure. As shippers navigate this strained environment, they should consider whether their current 3PL partners are best suited for their needs. 

“Flatbed shipping is specialized. There are many more variables in terms of types of trailers and the required securement...

https://www.freightwaves.com/news/specialized-brokers-provide-leg-up-in-strained-flatbed-market

Startup EXO Freight tackles lack of open-deck marketplaces, closes on seed round

On Tuesday, Freight marketplace EXO Freight announced it has recently closed on an undisclosed amount of seed round funding led by 1984 Ventures with participation from I2BF Global Ventures and Lancaster Investments. EXO Freight wants to continue executing its goal to defragment the transportation market, particularly for shippers moving goods on open-deck trailers.

With experience working at brokerage capacity management platform Parade, co-founders and twin brothers Kurtis and Kris Tryber...

https://www.freightwaves.com/news/startup-exo-freight-tackles-lack-of-open-deck-marketplaces-closes-on-seed-round

Improved execution to ‘open doors’ for Daseke; acquisitions on horizon

Daseke affiliate truck carrying tires on highway

The nation’s largest flatbed carrier, Daseke Inc. (NASDAQ: DSKE), could see more “doors open” if it continues to succeed on its turnaround plan. An improving capital structure could lead to the resumption of acquisitions, providing the catalyst for the carrier’s next phase of growth. Of course, all of this hinges on its ability to continue to execute, according to CFO Jason Bates.

In an interview with FreightWaves, Bates said he believes a couple more quarters of improved execution will provide...

https://s29755.pcdn.co/news/improved-execution-to-open-doors-for-daseke-acquisitions-on-horizon

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