Truckstop.com acquires truckload factoring service Denim
The deal comes as freight marketplaces and solutions providers look to expand their services to offer carriers, shippers and brokers end-to-end platforms.
The deal comes as freight marketplaces and solutions providers look to expand their services to offer carriers, shippers and brokers end-to-end platforms.
The acquisition will allow Overhaul to incorporate FreightVerify’s visibility data that helps shippers and logistics providers measure when freight is at risk while in transit.
Experts foresee hurdles in both pricing and logistics for importers that have relied on the duty exemption for sub-$800 goods.
Industry experts discussed commodity markets and logistics changes at Supply Chain Dive’s annual outlook event.
The NMFTA’s preliminary freight charges API helps notify shippers of changes to charges, including reweighing and classification, before delivery and final invoicing.
Truck trailers, certain car parts and numerous household appliances will now face 50% levies, per guidance from Customs and Border Protection.
The upbeat results have led several carriers to invest in new tonnage, with vessels scheduled for delivery in 2027 and 2028.
Fragmentation and systems that don’t “talk to each other” are holding back the effective use of data in the project cargo industry, stakeholders say.
The joint technology aims to eliminate the need for tape measures, scales and handheld devices when gathering dimensions, weight and barcode data to register new SKUs.
CEO Marc Metrick in February acknowledged a backlog and promised outstanding invoices would be addressed beginning in July.