The current freight market presents a host of challenges for carriers, shippers, and brokers alike. With companies going out of business daily, it's crucial to understand strategies for sustaining profitability and stability. With careful planning, freight professionals can navigate these turbulent times and emerge with their business intact. The market downturn has created a tough

American Trucking Associations’ Chief Economist Bob Costello is a trusted source for insights on the current state and future of the freight industry. As we navigate another tumultuous year in transport, Costello’s perspectives offer valuable guidance for freight professionals. Attendees of the 2024 Food Shippers of America Conference had the benefit of hearing Costello’s wisdom

In logistics, technology has become indispensable for enhancing operational efficiency and meeting customer demands. As this technology has grown, it’s become clear that the decision to invest in software solutions presents numerous challenges. Should companies opt to build their own systems or purchase existing ones? How do you ensure buy-in from your team? For companies

Long-term success in logistics requires a blend of experience, innovation, and adaptability. Jeff Potts, Chief Revenue Officer at AutoScheduler.AI, embodies these traits, with a career spanning decades and a wealth of insights into the evolution of the industry. In a recent episode of the Stay In Your Lane Podcast recorded at the 2024 Food Shippers

Freight transportation is constantly evolving. Staying ahead means embracing technological advancements that reshape operations and enhance efficiency. In this tech arms race, one trend gaining traction is the shift from monolithic technology solutions to a modular approach, offering tailored services to meet specific needs. Traditionally, acquiring technology involved investing in all-encompassing systems, often leading to

Artificial intelligence’s potential to revolutionize the way business is done in various industries has become a hot topic for debate. But what exactly does this technology have in store for the freight industry? Is it all hype, or is there real value to be found? Let's demystify AI for logistics and separate the hype from

In the fast-paced world of transportation logistics, every decision can have far-reaching consequences. No matter your role in the supply chain, the key to navigating this complex landscape lies in diligent preparation and thorough research. Recent turmoil across the industry highlights the critical importance of due diligence in safeguarding against potential risks and liabilities. Whether

Carefully constructed contracts stand as an important line of defense in freight brokerage transactions. These agreements, meticulously curated between shippers, carriers, and brokers, are engineered to safeguard companies, and minimize potential liabilities. However, in an industry where financial stakes run high, situations inevitably arise that call the details of these agreements into dispute. The bounds

The freight brokerage business requires a high level of trust, with deals being made for high-value shipments being entrusted to intermediaries. But what happens when that trust is breached? Consequences from recent financial fluctuations have been felt at each level of the industry, leading to widespread closures and bankruptcies. These disruptions affect stakeholders and their

The financial road for small carriers can often be bumpy and full of unexpected twists and turns that can challenge even the most seasoned drivers. The modern transport economy is defined by intricate dynamics impacting these small businesses. The challenges facing small carriers today demand consistent resilience amidst evolving market conditions. In recent times, small