truckstop.com

Size of layoffs at Truckstop.com unknown

Add Truckstop.com to the list of logistics companies implementing layoffs.

The specific size of the cutbacks at the load board provider are not known and were not disclosed by the company.

In response to a FreightWaves query on Thursday, a spokeswoman for Truckstop.com issued the following statement: 

“As a premier and trusted SaaS [software-as-service] provider to the freight transportation community, Truckstop is constantly working to find new ways to better serve its customers while keeping...

https://www.freightwaves.com/news/size-of-layoffs-at-truckstop-com-unknown

FOSC chat: Truckstop.com’s Hutto talks data and transparency

Truckstop.com booth at FreightWaves' Future of Supply Chain

This fireside chat recap is from Day 1 of FreightWaves’ The Future of Supply Chain live event being held in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Data, brokers and freight transparency.

DETAILS: FreightWaves founder and CEO Craig Fuller welcomed Brent Hutto of Truckstop.com on the stage to discuss how the freight brokerage model has changed over the years, why participants are clamoring for data, and how companies like FreightWaves and...

https://www.freightwaves.com/news/fosc-chat-truckstopcoms-hutto-talks-data-and-transparency

Transflo bringing in industry veterans to spur growth

Transflo leadership team

Transflo is changing its management structure, with industry veterans Renee Krug joining the company as CEO and Bill Vitti as president and chief revenue officer. 

Frank Adelman, Transflo CEO for the past eight years, will become chairman of the board. President Michael Southworth is departing less than 18 months after joining the supply chain technology solutions company to serve as CEO of AI-focused company Babel Street. 

A spokesman for Transflo said a restructuring of the board involved...

https://www.freightwaves.com/news/transflo-bringing-in-industry-veterans-to-spur-growth

New Truckstop CEO talks shop on Fuller Speed Ahead

Kendra Tucker is the new CEO of Truckstop.

On this episode of Fuller Speed Ahead, FreightWaves CEO and founder Craig Fuller interviews Kendra Tucker, who just became CEO of Truckstop.

Tucker joined Truckstop in August 2020 during the pandemic and became COO in the summer of 2021.

“Things have become truly unusual in this market. With the continued, sustained height of rates and what they have done now since that point, one would actually say I haven’t yet experienced a normal market within transportation,” Tucker said. “It’s been a really...

https://www.freightwaves.com/news/new-truckstop-ceo-talks-shop-on-fuller-speed-ahead

Truckstop’s new CEO sees scaling, integration as major challenges

Kendra Tucker is becoming CEO of Truckstop.com at a time when it is firmly established as a major load board but trying to diversify its offerings to become much more. 

Tucker recently was named CEO of Truckstop.com effective April 1, less than two years after joining the company as its chief revenue officer. Most recently, she was chief operating officer.

In an interview with FreightWaves, Tucker talked about the numerous existing Truckstop  offerings that she hopes to expand upon. But the load...

https://www.freightwaves.com/news/truckstops-new-ceo-sees-scaling-integration-as-major-challenges

Tucker rising to top position at Truckstop.com, replacing retiring Cole

Truckstop.com is getting a new CEO as current leader Paris Cole steps down: Kendra Tucker, the company’s chief operating officer.

The Boise, Idaho-based company, known primarily as a load board but which describes itself as a “neutral freight marketplace,” announced Thursday that Cole would retire as CEO effective April 1. He will remain on the company’s board of directors.

Tucker joined Truckstop.com in August 2020 as chief revenue officer. A little more than a year later, she became COO with...

https://www.freightwaves.com/news/tucker-rising-to-top-position-at-truckstop-com-replacing-retiring-cole

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

What is a truck dispatcher?

Many of the close to 40,000 truck dispatchers in the U.S. are making lucrative careers out of being organized, working independently and running their own businesses. But truck dispatching is not the same as truck brokering. Here’s why.

The main difference is that a truck broker generally is considered a bridge between carrier and shipper, whereas a truck dispatcher works mainly with the trucker to find and dispatch loads – often for independent owner-operators.

“A broker’s primary function is...

https://www.freightwaves.com/news/what-is-a-truck-dispatcher

Why is carrier compliance increasing along with spot rates?

Chart of the Week: Van Outbound Tender Reject Index, Truckstop.com top 100 all-in van rate per mile – USA  SONAR: VOTRI.USA, TSTOPVRPM.USA

Tender rejection rate changes typically lead spot rates by several days as the underlying contract market destabilizes in front of the spot market. Currently they are moving in different directions. Why is this happening?

The freight market is going through a lot of changes. The pandemic year capacity crunch has motivated shippers to change their behaviors and...

https://www.freightwaves.com/news/why-is-carrier-compliance-increasing-along-with-spot-rates

Fuel costs push rates higher faster in 2021

Chart of the Week: Truckstop.com 7-day Van Rate per Mile, Department of Energy average retail price of diesel – USA  SONAR: TSTOPVRPM.USA, DOE.USA

Truckload spot rates continue to trend higher in 2021, averaging $3.18/mile over the past two months compared to $2.96/mile (7.4%) from November to December of last year, according to Truckstop.com’s average top 100 lanes. What can get lost in the cost of transportation is the rising underlying costs such as maintenance, insurance and the most easily...

https://www.freightwaves.com/news/fuel-costs-push-rates-higher-faster-in-2021

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