GlobalTranz

Breaking News: Krug out as GlobalTranz CEO, Farrell back in

Bob Farrell speaks to GlobalTranz employees in 2018.

Phoenix-based freight brokerage and third-party logistics provider GlobalTranz (GTZ) announced at a companywide town hall meeting Thursday morning that Chief Executive Officer Renee Krug was leaving the company. Bob Farrell, GTZ executive chairman and former CEO, will step back in to fill the role in the short term.

Krug joined GlobalTranz in 2014 as the company’s chief financial officer after a stint as executive vice president and CFO at Clear Channel; prior to that, Krug spent seven years in...

https://s29755.pcdn.co/news/breaking-news-krug-out-as-globaltranz-ceo-farrell-back-in

GlobalTranz announces Final Mile offering for shippers

When GlobalTranz made Cerasis its 11th acquisition since 2017, part of the end goal was to leverage the expertise Cerasis had in freight movement.

Wednesday morning, GlobalTranz added a new service that builds off that January 2020 acquisition, announcing its Final Mile offering. It describes the new offering as an “intuitive, technology-enabled final mile solution that creates efficiencies [and] reduces accessorial charges.”

“As e-commerce continues to grow, the customer experience at the point...

https://s29755.pcdn.co/news/globaltranz-announces-final-mile-offering-for-shippers

TW Metals deal highlights GlobalTranz’s managed transportation capabilities

Last week, GlobalTranz, the Phoenix-based, technology-enabled 3PL, announced that it had added TW Metals as an important new customer of its Managed Transportation Solutions division. GlobalTranz reported $1.5 billion in gross revenue in 2019 and has been a prolific acquirer of both logistics and technology companies, completing 11 deals in the past few years.

TW Metals is a specialty metals distributor serving clients like aircraft original equipment manufacturers (OEMs), high-end motorsports,...

https://s29755.pcdn.co/news/tw-metals-deal-highlights-globaltranzs-managed-transportation-capabilities

Volatile US-Mexico auto industry disrupts border trucking capacity

As the coronavirus pandemic continues to hit auto supply chains hard, trucking capacity has been volatile at key ports of entry along the United States-Mexico border.

In Laredo, Texas, outbound tender volume (OTVI.LRD) has fallen slightly over last week, while outbound tender rejections (OTRI.LRD) have spiked during the same time, setting upward pressure on rates, according to FreightWaves’ SONAR platform.

The Outbound Tender Reject Index for Laredo, Texas, (OTRI.LRD) on FreightWaves’ SONAR...

https://s29755.pcdn.co/news/volatile-us-mexico-auto-industry-disrupts-border-trucking-capacity

White Paper: Master Guide to Calculating Freight Class

“How do I calculate the correct freight class for my freight?”

Freight class is one of the most important – yet misunderstood – concepts in LTL transportation. Misunderstanding the freight classification system can result in higher shipping costs, rebills and back office headaches, and lower profit margins. 

In this guide, you will learn:

  • Role of freight class in LTL shipping 
  • Factors on how to calculate freight class
  • The 18 different types of freight class 
  • True density-based class and how to...

https://www.freightwaves.com/news/white-paper:-master-guide-to-calculating-freight-class

Borderlands: U.S. supply chains’ future could be tied to Mexico and USMCA; Forager celebrates Laredo’s history as international port

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: U.S. supply chains’ future could be tied to Mexico and USMCA; Forager celebrates Laredo’s history as an international port; CBP aims to keep Mother’s Day flowers pest-free; Dachser Mexico offers new customs house brokerage services.

U.S. supply chains’ future could be tied to Mexico and USMCA

Mexican President Andres Manuel Lopez Obrador recently said border factories...

https://s29755.pcdn.co/news/borderlands-u-s-supply-chains-future-could-be-tied-to-mexico-and-usmca-forager-celebrates-laredos-history-as-international-port

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