The Daily Dash: State of the market; top challenge facing DOT’s next leader

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, earnings from lender BMO shed light on the state of the U.S. trucking market. Plus, Flock Freight lands $113.5 million in funding, and the next leader of the U.S. Department of Transportation could face turf wars among various agencies.

A healthy market rolls on

Canadian-based bank BMO reported its fourth-quarter earnings. With a heavy presence in transportation, the earnings offer a glimpse into the...

https://www.freightwaves.com/news/the-daily-dash-state-of-the-market-top-challenge-facing-dots-next-leader

MoLo Solutions takes Mastery’s TMS live

Chicago-based freight brokerage MoLo Solutions on Tuesday morning announced that MasterMind, Mastery Logistics Systems’ transportation management system (TMS), had gone live. MoLo is in the process of switching from its legacy TMS provider and migrated about 20% of its business into MasterMind beginning on Nov. 15.

For approximately the past year, MoLo served as a crucial “beta customer” for Mastery Logistics System, which was founded in 2019 by Jeff Silver, formerly of American Backhaulers,...

https://s29755.pcdn.co/news/molo-solutions-takes-masterys-tms-live

MoLo’s big bet on service

It makes sense that MoLo Solutions’ logo is a heart. More than any other freight brokerage I’ve come to know, MoLo runs on heart, broadly defined: passion, willpower, charisma, hunger, grit.

The company hasn’t been shy about its service-at-all-costs philosophy and what it’s willing to do to take care of its customers. MoLo’s executives have wagered the future of the company on their belief that shippers will ultimately reward loyalty and honesty. 

In an interview this week, MoLo’s leadership...

https://s29755.pcdn.co/news/molos-big-bet-on-service

The Daily Dash: SONAR 7.0, Brad Jacobs, Schneider and more

FreightWaves SONAR

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, FreightWaves adds exciting new capabilities within its SONAR platform; XPO’s Brad Jacobs talks diversity, automation and more in a 3PL Summit keynote address; and Schneider invests in a new technology platform.

SONAR 7.0

SONAR has become the standard in data and analytics for anyone involved in the movement of freight. FreightWaves CEO Craig Fuller unveiled the latest updates to the platform,...

https://s29755.pcdn.co/news/the-daily-dash-sonar-7-0-brad-jacobs-schneider-and-more

FreightWaves 3PL Summit: Metrics that matter (with video)

Metrics play a key role in monitoring the success of any sized brokerage. MoLo Solutions CEO Andrew Silver and Arrive Logistics CEO Matt Pyatt reflected on the metrics that mattered most as their companies transitioned throughout the growth process during the FreightWaves 3PL Summit on Tuesday, July 21.

Initial metrics: focus on growth

While raising capital is certainly an important part of any burgeoning business, focusing on growth opportunities is arguably the most effective strategy for...

https://www.freightwaves.com/news/freightwaves-3pl-summit-metrics-that-matter-with-video

FreightWaves virtual 3PL Summit focus: efficiency and profitability

FreightWaves LIVE @Home, the industry’s premier virtual freight conference, was such a smashing success among attendees that we are doing it again – this time the focus will be on third-party logistics (3PL) providers.

The inaugural 3PL Summit virtual event will take place on July 21 live on computers and television screens through the FreightWaves TV network.

“COVID-19 has changed the landscape for industry events – virtual events have replaced in-person events. Duplicating that experience is...

https://s29755.pcdn.co/news/freightwaves-virtual-3pl-summit-focus-efficiency-and-profitability

MoLo Solutions lights up charity for sick, injured truckers

MoLo freight brokerage worker

St. Christopher’s Trucker Development and Relief Fund (CTF) drew another $62,000 closer to its $1 million fundraising goal on Monday when MoLo Solutions shared its donation during a live chat on Monday’s episode of FreightWaves’ WHAT THE TRUCK?!? podcast.

Knoxville, Tennessee-based CTF covers short-term expenses like mortgages, utilities, vehicle payments and insurance premiums for truckers forced off the road by illness or injury.

Shannon Currier, director of philanthropy and fundraising for...

https://s29755.pcdn.co/news/molo-solutions-lights-up-charity-for-sick-injured-truckers