🎣 Sneaky?
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
Early this year, Becker faced a ransomware attack that crippled their operations, prompting a major rebuild.
Trust issues? In freight, they’re a big deal. Heavy skepticism surrounds brokers and digital marketplaces. This lack of trust can slow things down and make every transaction a bit more tense. The solution? Unparalleled customer service.
Insiders and LinkedIn trails reveal apparent layoffs at MoLo and Parade. Official announcements have not been made.
Andrew Silver and Matt Vogrich join Mastery Logistics Systems, founded by Jeff Silver, as EVPs.
Levity helps fast-moving 3PLs and freight brokers to do more with less by automating the most time-consuming and repetitive email tasks.
Shipwell's sale of its brokerage arm to CloudTrucks allows the company to refocus on the core of its SaaS platform.
CEO Ryan Petersen has emphasized the necessity of these tough decisions to guide Flexport back to a profitable state.
Brokerage fraud has made the landscape of our industry unrecognizable, and unfortunately, its impact continues to grow and expand daily. As logistics industry lifers, we recognized the pressing need to devise methods for safeguarding our operations and valued partnerships.
Coyote Logistics introduces "voluntary separation" program for high-level employees, marking its fourth staff reduction in 2023.
Transfix secures $40M Series F at a 60% down round, from $940M to $376M valuation.
TriumphPay's financial performance is a tale of ups and downs. EBITDA losses narrow as invoice volumes soar, but the factoring business faces hurdles.
Uber Freight's latest innovations include a revamped TMS, a game-changing procurement tool, and deep AI integration that's turning heads.
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