Stability, consistency are just what owner-operators need

There wasn’t much to smile about in 2020 as uncertainty gripped supply chains, but the spot market had owner-operators grinning. For many months, the going was good. Spot rates soared above contract rates, giving smaller fleets the chance to maximize profitability on every trip. 

But the tide has swiftly turned.

SONAR: NTIL.USA and VCRPM1.USA.

Spot and contract rates, neck and neck for the past two years, have trended apart. The tango finally ended in late February, as FreightWaves SONAR shows...

https://www.freightwaves.com/news/stability-consistency-are-just-what-owner-operators-need

Enterprise fleets achieve growth with brokers of choice

What does it take to become a broker of choice?

Of the array of integrations, apps and services that today’s 3PLs offer, fleets only value those that can actually support fleet growth.

Jay Gustafson, executive vice president of brokerage operations at Echo Global Logistics, appeared on FreightWaves’ WHAT THE TRUCK?!? to discuss the signs that a broker’s technology can support the growth of an enterprise fleet in any market.

“A broker of choice is someone that offers a flexible approach to how a...

https://www.freightwaves.com/news/enterprise-fleets-achieve-growth-with-brokers-of-choice

Technology combined with relationships form ultimate transportation solution

The unpredictable nature of logistics today leads too often to blind trust in technology. It’s understandable, given that transportation management systems on the market purport to offer one-size-fits-all solutions. 

However, the needs of each carrier and shipper vary drastically, so it’s illogical to expect that a TMS or mobile app would be able to resolve every transportation management-related process or issue. But the plug-and-play concepts of much of today’s freight technology leads many to...

https://www.freightwaves.com/news/technology-combined-with-relationships-form-ultimate-transportation-solution