These are uncertain times, but you’re not letting that stop you from keeping America running. Only a couple of weeks ago, transportation was humming along as usual: freight volumes were normal and flat and carriers were only rejecting their contracted loads 4% of the time. Since COVID-19 has gripped America’s conscious and economy in early March, carriers have been faced with an unprecedented surge in shipments that eclipsed records previously set in 2018. FreightWaves Sonar Freight volume…
Read moreThe freight frenzy came on fast but seems to have left even quicker. US Freight volumes have plunged to the lowest rate since Freightwaves began recording them in 2018. Capacity continues to loosen with most of the country on lockdown and with industries not fully functioning there isn’t enough freight to keep capacity tight. Logistics and supply chain companies remain the backbone of the U.S. economy and the American way of life. So, how do supply chains continue to function smoothly and…
Read moreIn 2014, Loadsmart was born. At that time, we had a lot of ideas around what we wanted to achieve and the products we could build to solve the many challenges facing logistics companies. We knew our impact could disrupt the industry. To this day, many logistics processes are still completed by repetitive tasks, phone calls, and an extensive list of fragmented touch points, but, thanks to the decisions we made in 2014, we are helping the industry embrace technology and understand that it is the…
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