managed transportation

3PL HTL Freight acquires 4PL CTS Logistics

Freight broker and 3PL HTL Freight announced it has acquired 4PL CTS Logistics.

Windham, New Hampshire-based CTS Logistics is a 35-year-old, family-run company providing managed transportation and brokerage solutions. The company’s services also include warehousing and freight payment processing.

Financial terms of the transaction were not disclosed. The deal was inked in February, and the two companies have been working on integrating operations and systems since. This is HTL Freight’s fourth...

https://www.freightwaves.com/news/3pl-htl-freight-acquires-4pl-cts-logistics

3 things I learned at Uber Freight’s Carrier Summit

ARLINGTON, Texas — Uber Freight covered a lot of ground at its recent annual Carrier Summit in Arlington, Texas, hosting its carrier network that moves the company’s spot and dedicated freight.

“Uber Freight’s managed transportation business creates real value helping us connect with shippers,” said Harman Cheema, CEO of Cheema Freightlines.

Hundreds of carrier representatives, coming from small to large enterprise operations, attended the event to learn more about Uber Freight’s technology, its...

https://www.freightwaves.com/news/3-things-i-learned-at-uber-freights-carrier-summit

Uber Freight taps industry veterans for commercial, final-mile growth

Managed transportation provider Uber Freight announced Wednesday it has hired two key executives to leverage their expertise in growing the company’s commercial operations and final-mile network.

Dan Annunziata, Uber Freight’s head of Commerical (Photo: Uber Freight)

The leadership of the company’s commercial organization will now be entrusted to Dan Annunziata. With a track record spanning 15 years at legacy brokerage C.H. Robinson (NASDAQ:CHRW), he brings extensive experience in various sales...

https://www.freightwaves.com/news/uber-freight-taps-industry-veterans-for-commercial-final-mile-growth

Shippers can unlock serious cost savings with order optimization

Over the past several years, shippers have prioritized getting orders out the door as quickly as possible. This approach is a natural response to the demands of an increasingly impatient consumer base, and has affected B2B and B2C companies alike. It has, however, proved to be costly.

“That results in a one-to-one order to shipment [scenario], which isn’t very transportation-efficient,” Echo Global Logistics Executive Vice President of Managed Transportation Mike Mobley said. 

When shippers...

https://www.freightwaves.com/news/shippers-can-unlock-serious-cost-savings-with-order-optimization

Uber Freight expects ‘broad-based volume recession’ in 2023

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Last week, Uber Freight, the logistics service provider arm of Uber (NYSE: UBER), issued a bearish fi...

https://www.freightwaves.com/news/uber-freight-expects-broad-based-volume-recession-in-2023

FreightTech titans invest in Sheer Logistics’ modern approach to managed transportation

St. Louis-based SheerTrans Solutions, commonly known as Sheer Logistics, announced Friday it has teamed up with industry technology titans Eddie Leshin and Brian Winshall to propel the company’s middleware solutions for its shipper, carrier and broker clients.

Winshall and Leshin were part of the American Backhaulers team, pioneers in the space leveraging a traditional brokerage model backed by new information systems and processes that are now commonly found in 3PLs today. Both went on to work...

https://www.freightwaves.com/news/freighttech-titans-invest-in-sheer-logistics-modern-approach-to-managed-transportation

What are LTL managed transportation services?

A white tractor pulling two white LTL trailers

The net has widened in the less-than-truckload industry.

The mode became a bit of a catchall during the pandemic as more freight — e-commerce, in-store retail, in-home delivery and heavier truckload shipments — showed up when truck capacity tightened. Shippers of all sizes became familiar with the service and its intricacies. 

However, LTL is a much different beast than truckload, which primarily involves a shipper procuring a truck and a driver to move goods from point A to point B. In LTL, one...

https://www.freightwaves.com/news/how-managed-transportation-services-in-the-ltl-industry-work

Managed transportation takes complexity out of logistics

How would you describe the state of the freight industry? Some might say it’s congested or fragmented, while others say it’s complicated. You’d be hard-pressed to find someone who isn’t overwhelmed by the complexities.

In this age, when FreightTech promises an easier tomorrow, the reality is rather ironic, as even those with the latest technology achieve very little without expertise. Success in this industry comes not from working harder, but from working smarter, since you can’t beat expertise.

https://www.freightwaves.com/news/managed-transportation-takes-complexity-out-of-logistics

BlueGrace’s Detroit office to facilitate managed services growth with local talent

Between customer demand for electric vehicles, chip shortages, and environmental, social and governance initiatives, the already complicated automotive supply chain has gone through a whirlwind of changes — changes likely to cost the industry north of $100 billion in revenue in 2021.

For third-party logistics provider BlueGrace Logistics, these generational changes to the automotive supply chain influenced the decision to open its 11th office last week in Detroit to serve as a “control tower”...

https://www.freightwaves.com/news/bluegraces-detroit-office-to-facilitate-managed-services-growth-with-local-talent

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