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CH Robinson Worldwide sees freight broker shakeout, downplays insurance hit

AI Broke the Trucks: 3 Transports to Buy After the AI Panic C.H. Robinson Worldwide (NASDAQ:CHRW) executives said the freight ...
PE Hub

FTV leads investment in tech logistics platform Highway

As part of the transaction, Jerome Hershey, a principal at FTV Capital and Nimay Mehta, a managing partner at Lead Edge Capital, have joined Highway’s board of directors Jordan Graft serves as CEO of ...
Transport Topics

Freight Market Volatility Highlights Importance of Broker-Carrier Relationships

[Stay on top of transportation news: Get TTNews in your inbox.] The freight market volatility of the past few years has created an even greater need for carriers and brokers to strengthen their ...
Overdrive

Uber Freight launched what sounds like a load board -- or is it 'double brokering'?

Digital freight broker Uber Freight recently announced it would open up a new platform it calls Broker Access, allowing fellow brokers to post loads and have its freight-matching technology work its ...
Crude Oil Prices

Freight Broker Bankruptcies Loom As Debt Woes Persist

The freight brokerage industry, once driven by venture capital funding, is grappling with a changing financing landscape and liquidity challenges. Brokers who borrowed against accounts receivable (AR) ...
Truckinginfo

After Three Years of Pressure, Motor Carriers and Brokers See Early Signs of a Turn

After more than three years of depressed freight rates and uneven freight demand, motor carriers and brokers are beginning to see early signs of stabilization. However, most are still keeping their ...
Truckinginfo

Options for the New $75,000 Freight Broker Security Requirement

The transportation law, MAP-21, upped the financial security requirements for freight brokers and forwarders to $75,000. The law offers options for the new financial security requirement, but ...