Cargo Chief announced the release of version 3.0 of its C4 carrier management platform aimed at helping brokers find 鈥渂ackhaul full truckload carriers in the over-the-road industry.鈥
February 7, 2020freight broker News Updates
Explore comprehensive freight brokerage news and analysis covering the business, technology and regulatory forces shaping modern logistics. Transport Topics delivers in-depth reporting on market dynamics, digital platforms and strategies that connect shippers and carriers across the supply chain. Stay informed on the trends, innovations and policy developments influencing how freight brokers operate and compete in today鈥檚 fast-evolving transportation marketplace.
Digital Freight Marketplace Emerge Gains $20 Million Investment
Digital freight marketplace Emerge closed out an early stage of financing with $20 million in investments, it was announced Feb. 4.
February 4, 2020Mark-It Express Logistics Acquires Spirit Trucking
Mark-It Express Logistics is expanding operations with the acquisition of the operating assets of Spirit Trucking Co., the company announced Jan. 17.
January 21, 2020Convoy App Now Features Lumper Payment
Digital freight broker Convoy announced the launch of hassle-free lumper payments, available directly in Convoy鈥檚 mobile app, calling it an industry-first feature.
January 9, 2020Sherwood, Fr8Hub to Move Loads From Laredo, Texas
Sherwood Food Distributors announced it selected Fr8Hub to help move loads out of Laredo, Texas.
September 30, 2019Arrive Logistics Raises $25 Million for Expansion
Freight brokerage company Arrive Logistics announced June 18 that it has raised an additional $25 million for expansion.
June 19, 2019C.H. Robinson Beats Wall Street Expectations With 1Q Earnings
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
May 1, 2019Warehouse Operator Burris Logistics to Acquire Trinity Logistics
Burris Logistics and Trinity Logistics have agreed to a merger that will combine a $3 billion refrigerated warehousing and food distribution business based in Milford, Del., with a top-ranked non-asset based freight brokerage firm less than 30 miles away in Seaford, Del.
April 9, 2019FitzMark Acquires Reliable Source Logistics
Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global 鈥渓ogistics powerhouse,鈥 company officials said.
February 5, 2019Gryphon Investors Buys Majority Stake in Nolan Transportation Group
Private equity firm Gryphon Investors added to its logistics portfolio with the purchase of a majority stake in Atlanta-based freight broker Nolan Transportation Group for an undisclosed amount.
January 7, 2019