Cambridge Capital makes majority investment in Everest Transportation Services’ growth strategy

Everest Transportation Services has all the main ingredients for producing a disruptive freight brokerage. 

In 2015, founders Jake Elperin, Lev Krasnopolskiy and Philip Weber pulled on their combined decades of experience from Echo Global Logistics, Optimal Freight and Custom Companies to bootstrap a brokerage that leveraged technology so its human capital could focus on providing a 24/7, high-touch customer experience.

Originally focused on the chemical industry, the team quickly found itself...

https://www.freightwaves.com/news/cambridge-capital-makes-majority-investment-in-everest-transportation-services-growth-strategy

Industry tailwinds push shippers toward fewer, more advanced partners

Today’s shippers have found themselves grappling with a variety of secular tailwinds, namely e-commerce growth, automation and outsourcing. While each of these factors existed before the coronavirus pandemic rocked the logistics industry last year, the impact of a global pandemic has accelerated preexisting trends and concerns. 

FreightWaves President George Abernathy recently sat down with GXO Logistics Chief Investment Officer Mark Manduca to discuss how GXO can help shippers navigate these...

https://www.freightwaves.com/news/industry-tailwinds-push-shippers-toward-fewer-more-advanced-partners

The Importance Of Outsourcing To Ensure Seafarers’ Wellbeing

The Greek shipping industry needs to address change in the sector to support seafarer wellbeing, according to the leading international catering management and training provider, MCTC, SeaNews.

The key to cost savings

Vicky Stamati, MCTC’s Business Development Director in Greece, said the Greek market could save thousands of Euros per annum if generational attitudes within the family shipowning businesses welcomed outsourcing catering management rather than keep it all inhouse.

“Greece is my...

https://mfame.guru/the-importance-of-outsourcing-to-ensure-seafarers-wellbeing/

New freight benchmark study brings shippers’ payment practices into the light

Silver truck parked in parking lot under blue sky

When it comes to freight audit and payment strategy, shippers don’t operate as a monolith. The Journal of Commerce (JOC) just released a freight payment benchmark study that brings urgent transparency to the payment practices of the shipper community. 

The study, “Driving Strategic Value Through Outsourcing,” written by Eric Johnson, senior technology reporter at the JOC, aggregates the responses of 77 shippers across all modes, nearly three-quarters of which generate $1 billion or more in...

https://s29755.pcdn.co/news/new-freight-benchmark-study-brings-shippers-payment-practices-into-the-light

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