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Hwy Haul debuts AI freight platform to boost broker profit and slash costs
Freight brokerage has always been a game of thin margins and relentless manual work, and you feel that pressure every time a ...
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RXO shares slide after tighter freight market pressures brokerage margins
RXO Inc (NYSE:RXO) posted weaker-than-expected fourth-quarter results on Friday, as a tightening full-truckload market weighed heavily on brokerage margins, triggering a sharp sell-off in the stock.
United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its ...
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HOUSTON--(BUSINESS WIRE)--OptiX Entities LLC (“OptiX”) today announced its acquisition of Vircon Transport Solutions LLC (“Vircon”) in an equity purchase transaction. The transaction forms the ...
[Stay on top of transportation news: Get TTNews in your inbox.] Automation, artificial intelligence and data science are transforming freight brokerage operations, increasing productivity and altering ...
WSI reports that upcoming federal funding and regulatory changes are shaping a more complex and constrained U.S. freight ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ATLANTA (AP) — United Parcel Service said ...
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