Flock Freight, a digital logistics company, announced on Wednesday that it had raised $215 million in Series D funding led by SoftBank Vision Fund 2 with new investors Susquehanna Private Equity Investments LLLP and Eden Global Partners, as well as existing investors SignalFire, GLP Capital Partners, and GV, formerly Google...
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Following the purchase of Choptank, Hub Group sees a substantial cross-selling opportunity
Geoff Turner started Choptank Transport Inc. in 2000 to assist farmers and food enterprises on Maryland's Eastern Shore with the transportation of time- and temperature-sensitive produce to market. Those efforts paid off two decades later when Choptank was purchased by one of the country's leading transportation corporations. Hub Group Inc....
Are gains in carrier compensation negated by longer driver wait times?
Carriers continue to try to entice drivers with higher pay, but delays caused by supply chain bottlenecks that show no signs of abating may erode those advantages. While there is no standard definition of "extreme detention" in the trucking sector, the American Transportation Research Institute (ATRI) points out that any...