FreightVana to acquire Loadsmith, grows drop trailer network

Phoenix-based logistics provider FreightVana announced on Wednesday it plans to acquire freight brokerage Loadsmith, further solidifying its position in the power-only logistics market. The acquisition, set to be finalized by the end of the month, will see Loadsmith’s employees transition to the FreightVana team, operating under its established brand. This move aims to enhance FreightVana’s capabilities and accelerate its growth in delivering technology-driven freight solutions.

“We both built...

https://www.freightwaves.com/news/freightvana-to-acquire-loadsmith-grows-drop-trailer-network

FreightTech leader describes the future of AI and cybersecurity

In the logistics industry, partnerships play a pivotal role in advancing technology solutions and maximizing efficiency. By pooling expertise and resources, logistics companies can overcome barriers like the high costs of technology adoption and the demand for greater data accuracy and real-time updates, which are vital for complex logistics operations.

In addition, collaboration between technology providers accelerates solutions for predictive analytics, route optimization and fleet management,...

https://www.freightwaves.com/news/freighttech-leader-describes-the-future-of-ai-and-cybersecurity

FreightTech Friday: FreightVana debuts fleet payment card; tech earnings in

Logistics provider FreightVana recently announced it has partnered with fintech provider AtoB to offer fleets a payment card and platform to manage driver spending over the road.

“The small carriers and owners just don’t have the benefits or purchasing power like their large competitors,” Shannon Breen, co-CEO and co-founder of FreightVana, told FreightWaves. “We can leverage our brand, our partnerships and our debt capabilities to reduce costs. … Anything we can do to pass along some savings...

https://www.freightwaves.com/news/freighttech-friday-freightvana-debuts-fleet-payment-card-tech-earnings-in

FreightTech Friday: Wabash sees success with trailers-as-a-service

Recently, FreightWaves spoke with Wabash Director of Strategic Programs Glen Stewart about the company’s trailers-as-a-service (TaaS) offering, designed to help increase asset uptime. 

According to the company, it has secured a near 100% recovery rate for its customers’ damaged trailers in 2024. “If damaged, trailers are fixed immediately, or a loaner can be provided,” a Wabash representative told FreightWaves.

Related:Wabash’s new trailers-as-a-service platform to support FreightVana’s...

https://www.freightwaves.com/news/freighttech-friday-wabash-sees-success-with-trailers-as-a-service

Convoy’s tech focus may have obscured importance of human element

In early 2020, a well-known transportation executive was asked by an investor in digital freight broker Convoy Inc. to determine if its model could be sustained in good and not-so-good markets. The executive, who requested anonymity to speak candidly, evaluated the company and came away skeptical about its prospects.

The executive approached Dan Lewis, Convoy’s co-founder and CEO, with a suggestion: First, hive off a few million dollars in capital to establish some type of an operation in...

https://www.freightwaves.com/news/convoys-tech-focus-may-have-obscured-importance-of-human-element

FreightVana’s new hire focuses on efficiency at the scaling startup

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In the transformative world of logistics, when experienced people team up with smart technology, big...

https://www.freightwaves.com/news/freightvanas-new-hire-focuses-on-efficiency-at-the-scaling-startup

3 questions to consider before investing in AI

This article was originally published in the second issue of FreightWaves’ Supply Chain Playbook.

By leveraging AI technologies, shippers, carriers and logistics providers can reduce costs, drive operational efficiencies and, in the end, provide a customer service experience that has consumers coming back for more.

While there is significant opportunity for greater productivity by using AI tools, these are not systems that you add to your operations today and expect a return tomorrow. The success...

https://www.freightwaves.com/news/3-questions-to-consider-before-investing-in-ai

How execs view weather impact and what tech can do to help

When Hurricane Harvey made landfall in Texas in August 2017, it brought with it 152 mph winds, 5- to 10-foot storm surges and more than 50 inches of rainfall, leaving a path of destruction in its wake.

But Harvey’s impact didn’t stop there — it also brought the region’s supply chain to a near screeching halt.

Damage to transportation infrastructure, shuttered factories and distribution centers, and halted oil production sent disruptive shockwaves throughout the logistics industry. The $125...

https://www.freightwaves.com/news/how-execs-view-weather-impact-and-what-tech-can-do-to-help

Loaded and Rolling: FreightTech 100 nominations, accessing trailer pools with FreightVana

FreightTech 100 nominations end soon
(Source: FreightWaves)

It’s the second most wonderful time of the year behind college football returning. If you or someone you know is innovating or disrupting the freight industry, the nominations for the annual FreightWaves FreightTech 100 are ending on Friday. To submit a nomination, use the link here

An external peer group of CEOs, industry leaders, academics and freight-industry investors will then whittle the FreightTech 100 list down to the top 25...

https://www.freightwaves.com/news/loaded-and-rolling-freighttech-100-nominations-accessing-trailer-pools-with-freightvana

Loaded and Rolling: Trailer as a service; large carrier Q2 earnings boon

Loaded and Rolling Cover ImageTrailer-as-a-service partnership 
(Source: FreightVana)

Trailer pool services are gaining adoption. Wabash, a major manufacturer of equipment, recently announced a partnership with Phoenix-based freight brokerage FreightVana to supply the company with its trailer-as-a-service (TaaS) platform. The platform will provide FreightVana customers with trailer pool services as part of the power-only offering known as FreightVana X. 

This comes as more shippers seek trailer pools to provide greater...

https://www.freightwaves.com/news/loaded-and-rolling-trailer-as-a-service-large-carrier-q2-earnings-boon