Redwood Logistics on Tuesday announced it has added payment processing capabilities from TriumphPay.
As Redwood’s primary payment partner, TriumphPay will handle all carrier payments, allowing trucking companies to manage their transactions from one central location. The partnership also will allow the Chicago-based Redwood to expedite payment processing.
“Maintaining Redwood’s vast carrier network is at the core of our strategy and this partnership provides a great opportunity to continue...
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, GlobalTranz shook up its leadership structure on Friday as CEO Renee Krug stepped down and former CEO Bob Farrell took over. Plus, Amazon is planning a new distribution strategy that could speed deliveries further and the U.S. Air Force could transport tractor-trailers on aircraft as part of any COVID-19 vaccine distribution plan.
Krug out at GlobalTranzGlobalTranz has made a change at the top,...
In partnership with Redwood Logistics, FreightWaves researchers have detailed the findings of a survey asking shippers of all sizes to gauge how the pandemic has altered their expectations around shipping costs, their retail versus e-commerce business mix, sales growth and outlook for the future. The results of the study were published as part of a white paper, Volatility in Food Shipping.
As coronavirus cases began to soar nationwide in March, food shippers were some of the first in the...
https://www.freightwaves.com/news/food-shippers-adapt-to-volatile-market
Giving back is central to the DNA of Redwood Logistics. When COVID-19 sent businesses scrambling to implement remote workforces and communities struggling to meet even the most basic of needs of their citizens, the leadership of Redwood knew it could help.
“Like a lot of groups around the country, we sent workers homes [and went] fully digital within days,” Todd Berger, Redwood president, told FreightWaves. “We realized that people across the country were very scared, and this included our...
https://s29755.pcdn.co/news/redwood-logistics-employees-step-up-with-herochallenge
While every industry has been affected in some way by COVID-19 and the economic shutdowns that are still occurring to help curb the spread, one could argue that shippers in the food space have had one of the most difficult journeys of all. Spikes in demand and low volumes in stores forced food shippers to adapt quickly to respond not only to in-store demand, but also the influx of e-commerce that followed.
This white paper, produced by FreightWaves in partnership with Redwood Logistics, details...
https://www.freightwaves.com/news/volatility-in-food-shipping
Maritime industry veteran Jack Mahoney has been named president and CEO of Westwood Shipping Lines Inc. following a nationwide search.
Mahoney, a 21-year Maersk executive, will succeed Guy Stephenson, who is retiring as president and CEO after serving in that role since 2007.
Stephenson, who will continue in a support role as executive adviser and general counsel, said Mahoney “brings a wealth of relevant experience and leadership skills to set Westwood’s next course. I am confident that...
https://www.freightwaves.com/news/career-tracks-maersk-veteran-picked-to-lead-westwood-shipping
Logistics companies across the sector agree: Integrating transportation management systems (TMS) is cumbersome. Complicated wiring isn’t the only thing leaving businesses tangled. Problems such as communication errors, tight deadlines and overwhelmed IT staff often make integration costs spiral out of control.
Chicago-based Redwood Logistics aims to eliminate these inefficiencies and simplify the integration of supply chain technologies with its latest advancement, RedwoodConnect 2.0. The...
https://www.freightwaves.com/news/redwoodconnect-2-0-sets-sights-on-simplifying-tms-integration
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Author’s Disclosure: I am not an investor in SmartHop, either personally or through REFASHIOND Ventures. I have no financial relationship with SmartHop.
SmartHop, a Miami-based startup announced on July 21 that it has closed a $4.5 million round of seed financing to enable it to bring its automated dispatching and decision-making software for small trucking...
https://www.freightwaves.com/news/commentary-smarthop-brings-ai-to-owner-operators-and-brokers
Redwood Logistics (“Redwood”), a strategically-integrated North American logistics company based in Chicago, Illinois, announced on Feb. 11 that it is acquiring Strive Logistics (“Strive”). The combination creates a technology-focused, high growth industry leader that is both a top-15 truck broker and an emerging multimodal logistics provider with over $1 billion in freight under management. Terms of the transaction were not disclosed.
Strive, which was founded in 1995, is a leading provider of...
http://container-news.com/redwood-strive-create-strong-industry-leader/