Plus, Standard Forwarding's big rebrand, J.B. Hunt focuses on intermodal mix amid muted market, DOT ends NY congestion tolls, and more.
Funny Freight Friday: Sometimes a meme is worth a thousand words.
Here's how Rapido is supporting cross-border freight operations between the US and Mexico, solving logistics challenges with expert advisory, staffing solutions, and strategic partnerships.
Convoy adjusts staffing levels in response to market conditions, underscoring the challenges and resilience in the logistics sector.
The Seattle-based trucking marketplace Convoy has conducted another round of layoffs, marking its fourth within a year. The reduction has mainly affected the company's customer-experience operations team, originally beefed up in anticipation of a freight market rebound. However, the lagging rebound and efficiencies gained from their new service model prompted the company to adjust staffing levels.
Despite this setback, Convoy, co-founded by Amazon veterans Dan Lewis and Grant Goodale, remains one of Seattle's most valued private startups, demonstrating the resilience and adaptability required to navigate the fluctuating freight market.
The slowdown in cargo demand and emphasis on extending runways also led to layoffs in the freight business, including DHL, GXO Logistics, U.S. Xpress, and Convoy.
— INSIDE.COM (@inside) June 8, 2023
Now, here's a reason for optimism🤞 in truck freight:
3/5
A major freight brokerage is making moves—employees at a recently acquired firm were allegedly given termination notices and new contracts with non-compete clauses.
AI-powered brokers are gaining the edge—HappyRobot users report 4x cost efficiency, 10% higher margins, and 100% answered calls. As the market shifts, automation is pushing past every boundary.
Your emails hold the key to smarter decisions, including quoting trends, customer risks, and revenue leaks. Control Tower turns inbox chaos into strategy. Here's how.
The freight market recovery is still stuck in neutral, so what are brokers doing instead? 76% are betting on tech, automation, and efficiency to stay ahead in 2025.
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