Loadsmart

F3 chat: Solving supply chain challenges through data solutions

This fireside chat recap is from Day 2 of FreightWaves’ F3 Virtual Experience. F3 runs continues through Thursday and includes keynote speakers, fireside chats, live interviews, product demos and award presentations.

FIRESIDE CHAT TOPIC: Managing risk in an unprecedented market.

DETAILS: Fragmentation in the industry can lead to lack of real-time data, creating headaches like port delays and capacity constraints. Loadsmart is a digital platform integrating shippers and carriers, aiming to create...

https://www.freightwaves.com/news/f3-chat-solving-supply-chain-challenges-through-data-solutions

F3 demos: FreightTech visibility innovation

FreightTech companies showcased products and services in demos during F3.

FreightTech companies demonstrated their innovative technology solutions for fleets during FreightWaves’ F3 Virtual Experience Tuesday. These demos highlight how important visibility, communication and real-time data are for supply chains.

Truckstop.com

Improve profit margins or provide savings back to customers for better service using machine-learning technology to choose more cost-effective loads.

Check out the demo to learn how valuable real-time rates for loads and lanes can be for companies.

F...

https://www.freightwaves.com/news/f3-demos-freighttech-visibility-innovation

White Paper – Good data beats false confidence: Shippers’ current benchmarking practices

Since July 2020, the Outbound Tender Rejection Index has sat above the 20% mark, meaning nearly one in five loads that shippers tendered were rejected by carriers for higher-paying loads in the spot market. While many shippers wait desperately for rates to return to normal, analysts suggest that the market is not expected to normalize anytime soon.

The data within this white paper sheds light on shippers’ current pricing and benchmarking strategies, which exposes the need for shippers to...

https://www.freightwaves.com/news/white-paper-good-data-beats-false-confidence-shippers-current-benchmarking-practices

How to run an award-winning freight business with Loadsmart’s Jim Nicholson

On this episode of FreightWaves Insiders, Dooner catches up with Loadsmart’s vice president of operations, Jim Nicholson to talk about delivering award-winning service. 

In 2019, Jim Nicholson became Vice President of Operations at Loadsmart. He leads the carrier team in servicing partnerships with more than 30,000 carriers. Nicholson and his teams’ commitment to quality has earned Loadsmart recognition and awards from notable shippers, including The Home Depot and Kraft Heinz. 

Prior to...

https://www.freightwaves.com/news/how-to-run-an-award-winning-freight-business-with-loadsmarts-jim-nicholson

Big Tech executives find new frontier in FreightTech

The supply chain industry has accepted its technological revolution. 

Investors have flooded supply chain tech startups with billions in capital — $7.7 billion in Q1 alone, a 355% increase year-over-year to address the inefficiency that has historically plagued the industry. 

These same startups have seen increasing valuations around 100% year-over-year for late-stage startups, as questions on supply chain resiliency flood earnings calls, while government administrations call on specialized task...

https://www.freightwaves.com/news/big-tech-executives-find-new-frontier-in-freighttech

The Log Book: TA kicks off a round up campaign with St. Christopher’s

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: TA’s Register Round Up Campaign begins, Chicago-based Loadsmart gives back to the community and ParkMyFleet’s solar car race is thwarted by a breakdown.

TA kicks off a round up campaign with St. Christopher’s

TravelCenters of America Inc. has been a supporter of St. Christopher’s Trucker Relief Fund (SCF) for the past 12 years to help its primary customers in times of need.

On Thursday, TA...

https://www.freightwaves.com/news/the-log-book-ta-kicks-off-a-round-up-campaign-with-st-christophers

FreightWaves LIVE recap: Sustainability shapes shipper strategies

Loadsmart VP talks about how sustainability initiatives shape shipper strategies.

This fireside chat recap is from Day 2 of FreightWaves LIVE @HOME.

FIRESIDE CHAT TOPIC: How sustainability initiatives are driving shipper strategies 

DETAILS: Jim Nicholson and FreightWaves’ Zach Strickland discuss how shippers have modified their strategies over the past year with an increasing focus on sustainability and improving compliance.

SPEAKER: Nicholson is the vice president of operations at Loadsmart.

BIO: Nicholson leads the carrier team in servicing partnerships with more than 30,000...

https://www.freightwaves.com/news/freightwaves-live-recap-sustainability-shapes-shipper-strategies

SmartHop hires Uber alum Liu, opens New York, Colombia offices

Following a $12 million funding round announced in February, SmartHop is moving forward quickly with new hires and expansion of its services.

The company, which uses artificial intelligence to deliver smart load recommendations, full-service back-office support and fintech products for small trucking companies, announced the appointment of Amy Liu as chief of staff. Liu is the first employee in the company’s new New York City office.

SmartHop also announced the opening of an office in Bogota,...

https://s29755.pcdn.co/news/smarthop-hires-uber-alum-liu-opens-new-york-colombia-offices

Loadsmart continues growth strategy with flatbed offering

Loadsmart, a Chicago-based digital freight brokerage, reported in February 208% year-over-year revenue growth, propelled by its direct integrations with large shippers seeking new capacity. 

At the end of 2020, the company added transportation modes, including less-than-truckload, rail and partial, as part of its growth strategy to serve both shippers and carriers.

On Wednesday, Loadsmart announced the continuation of this strategy with the addition of flatbed capacity to its dynamic pricing and...

https://www.freightwaves.com/news/loadsmart-continues-growth-strategy-with-flatbed-offering

Loadsmart’s dynamic pricing integration adoption skyrockets in wake of volatility

Open laptop inside warehouse

Shippers need intermediaries to locate capacity ⁠— a fact underscored in the last year ⁠— but traditional brokers often lack accurate visibility into a very fragmented market. Over the last five years, digital broker upstarts have worked to increase the visibility and accessibility of available capacity. 

Even as digital freight brokerages account for a larger share of the broader domestic logistics market, not all digital freight brokerages share the same growth strategies. 

Some major digital...

https://s29755.pcdn.co/news/loadsmarts-dynamic-pricing-integration-adoption-skyrockets-in-wake-of-volatility

+ More