Truck stop

Truckstop and Bloomberg Intelligence Survey Shows Sentiment Among Carriers Has Improved

Retrieved on: 
Wednesday, May 8, 2024

"The industry is emerging from a challenging quarter, and the improved sentiment coupled with Truckstop's rising Market Demand Index suggest rates may move higher from here," said Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence.

Key Points: 
  • "The industry is emerging from a challenging quarter, and the improved sentiment coupled with Truckstop's rising Market Demand Index suggest rates may move higher from here," said Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence.
  • The Bloomberg | Truckstop 1Q24 Truckload Survey shows:
    Demand remained under strain in 1Q: Despite 62% of carriers reporting lower freight volume in 1Q, 33% predict freight demand to increase in the next 3-6 months.
  • "Truckstop continues to be a trusted partner, committed to delivering innovative solutions to help carriers navigate this ever-evolving business landscape."
  • The Bloomberg | Truckstop survey of owner-operators and small fleets provides timely channel checks into the health of the spot market.

Wright Presents I Want to Know All of You: The Art & Collection of Jason Polan

Retrieved on: 
Wednesday, April 24, 2024

The auction on May 3rd features selected original drawings by Polan from various projects, along with sculpture, photography, and ephemera (est.

Key Points: 
  • The auction on May 3rd features selected original drawings by Polan from various projects, along with sculpture, photography, and ephemera (est.
  • “We are honored to have the opportunity to present the largest collection of works by Jason Polan," says Richard Wright, CEO of Wright Auction House.
  • In the introduction to Every Person in New York, Polan explained: "I like to do projects that involve a lot of people.
  • Throughout the 2010s, Polan also led open drawing studios for families at the Whitney Museum of American Art.

Overhaul Unites Supply Chain Leaders with New Partner Ecosystem Program to Combat Global Cargo Theft

Retrieved on: 
Wednesday, April 24, 2024

This innovative program is a strategic initiative aimed at unifying the efforts of the supply chain industry to combat and mitigate in-transit risk, such as cargo theft, on a global scale.

Key Points: 
  • This innovative program is a strategic initiative aimed at unifying the efforts of the supply chain industry to combat and mitigate in-transit risk, such as cargo theft, on a global scale.
  • Overhaul's Partner Ecosystem assembles a formidable consortium of stakeholders across the supply chain spectrum, including cutting-edge logistics and supply chain technologies, Insurtech innovators, device manufacturers, dynamic marketplaces, systems integrators, and logistics service providers (LSPs).
  • Each member brings unique expertise and capabilities to the table, collectively strengthening the global supply chain against the evolving threats of cargo theft.
  • Organizations are invited to join the Overhaul Partner Ecosystem and contribute to a unified approach to mitigating risks across the supply chain.

Women In Trucking Association Names Sarah Ruffcorn the 2024 Distinguished Woman in Logistics

Retrieved on: 
Thursday, April 11, 2024

ARLINGTON, Va., April 11, 2024 /PRNewswire-PRWeb/ -- The Women In Trucking Association (WIT), Truckstop and Transportation Intermediaries Association (TIA) announced today Sarah Ruffcorn president of Trinity Logistics as the winner of the 10th annual Distinguished Woman in Logistics Award (DWLA).

Key Points: 
  • "We are thrilled to recognize Sarah as the 2024 Distinguished Woman in Logistics, particularly on the ten-year anniversary of this award," said Jennifer Hedrick, WIT president and CEO.
  • Ruffcorn joined Trinity Logistics in 2002 following completion of her Bachelor of Arts in Organizational Communications from Western Illinois University.
  • She joins the ranks of distinguished women who have been recognized for their contributions to the industry," said Anne Reinke, president & CEO, TIA.
  • "Sarah, Sherri, and Ramona each embody the esteemed leadership qualities celebrated by the Distinguished Woman in Logistics recognition," said Kendra Tucker, chief executive officer, Truckstop.

Truckstop Introduces New Broker Product Offerings to Enhance Trust, Confidence and Security Within Their Business

Retrieved on: 
Tuesday, April 9, 2024

BOISE, Idaho, April 9, 2024 /PRNewswire/ -- At the TIA 2024 Capital Ideas Conference, the industry's leading transportation conference for freight brokerages, in Phoenix from April 10-13, Truckstop is launching new broker product offerings to enhance trust, confidence, and security within their business.

Key Points: 
  • BOISE, Idaho, April 9, 2024 /PRNewswire/ -- At the TIA 2024 Capital Ideas Conference, the industry's leading transportation conference for freight brokerages, in Phoenix from April 10-13, Truckstop is launching new broker product offerings to enhance trust, confidence, and security within their business.
  • An online survey conducted by Truckstop revealed insights from over 1,500 of its broker customers.
  • The demand for efficient and secure processes through real-time data access becomes essential for operational efficiency, building trust and ensuring profitability.
  • Truckstop also today announced a product integration with Tai TMS , so their customers can access all of FreightFriend's benefits.

Truckstop Pursues AI Patents for Freight Transportation Applications

Retrieved on: 
Wednesday, March 6, 2024

BOISE, Idaho, March 6, 2024 /PRNewswire/ -- Underscoring its commitment to delivering market-leading technology for the freight industry, Truckstop today announced that the company has filed multiple patent applications, including one related to the use of generative AI in freight transportation solutions.

Key Points: 
  • BOISE, Idaho, March 6, 2024 /PRNewswire/ -- Underscoring its commitment to delivering market-leading technology for the freight industry, Truckstop today announced that the company has filed multiple patent applications, including one related to the use of generative AI in freight transportation solutions.
  • Truckstop invests in cutting edge innovation to push the boundaries of how technology in freight can build a better way for all stakeholders.
  • The filed patent applications mark a significant leap forward and will transform how freight moves.
  • "While the patent approval process unfolds, Truckstop remains committed to delivering innovative solutions that cater to the ever-changing needs of the freight industry," said Julia Laurin, chief product officer, Truckstop.

Truckstop and Bloomberg Intelligence Survey Shows Spot Market Challenges Appear Near an End

Retrieved on: 
Tuesday, February 20, 2024

"The worst may be near for the North American truckload spot market," said Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence.

Key Points: 
  • "The worst may be near for the North American truckload spot market," said Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence.
  • "Capacity could drop as rates hover near or below operating costs, which is crucial for the spot market to reach equilibrium."
  • The Bloomberg | Truckstop 4Q23 Truckload Survey shows:
    Demand challenges may have hit bottom: Demand remained pressured in 4Q as 68% of respondents noted lower volume and 23% reported loads were flat.
  • The Bloomberg | Truckstop survey of owner-operators and small fleets provides timely channel checks into the health of the spot market.

Truckstop Introduces Enhanced Security Measures to Further Safeguard Against Fraud

Retrieved on: 
Wednesday, January 17, 2024

With the addition of these market-leading security measures to RMIS, Truckstop enhances security, trust and quality of a broker's carrier network.

Key Points: 
  • With the addition of these market-leading security measures to RMIS, Truckstop enhances security, trust and quality of a broker's carrier network.
  • "These enhanced security measures will strengthen trust within the community and further demonstrate our commitment to relentlessly driving innovation to power the industry and confront the next generation of challenges."
  • Built on top of the most trusted freight marketplace in North America, the enhanced security measures include:
    Identity verification to help confirm the identity of carriers onboarding with brokers via RMIS.
  • Enhanced multi-factor authentication (MFA) aims to detect potentially compromised credentials and provide smooth access across both the Truckstop and RMIS platforms.

Truckstop Introduces Load Alert Notifications Feature for Truckstop Go Mobile App

Retrieved on: 
Wednesday, November 29, 2023

"We have been incredibly pleased by the value Load Alert Notifications -- a powerful new feature that lets highly relevant loads come to you -- has delivered to our beta users and look forward to the impact it will have on our entire carrier and broker network," said Julia Laurin, chief product officer, Truckstop. "Our carrier customers will get load alerts even when they're not in the app, so they can be the first to access the highest quality, relevant loads."

Key Points: 
  • BOISE, Idaho, Nov. 29, 2023 /PRNewswire/ -- Truckstop today introduced Load Alert Notifications, a new feature accessible via the Truckstop Go™ mobile app for customers with a Load Board Pro subscription.
  • With Load Alert Notifications, carriers and brokers can access legitimate freight and trusted capacity more quickly and at scale.
  • While a feature for carriers, Load Alert Notifications also provides value to the company's broker customers by increasing the speed to source a legitimate, quality truck and expanding their reach and opportunity to build capacity and buying power.
  • For more information about Load Alert Notifications, please visit here .

Truckstop Proudly Supports the 2023 U.S. Capitol Christmas Tree

Retrieved on: 
Wednesday, November 8, 2023

BOISE, Idaho, Nov. 8, 2023 /PRNewswire/ -- Each year, a national forest provides a tree to light up the West Lawn of the U.S. Capitol building for the holiday season. The Monongahela National Forest, in partnership with nonprofit partner Choose Outdoors and presenting sponsor 84 Lumber, will bring the 2023 U.S. Capitol Christmas Tree from West Virginia to Washington, D.C., with support from sponsors, including Truckstop, a trusted provider of technology solutions and services that empower freight professionals—carriers, brokers, and shippers of all sizes—to run their businesses from start to finish.The 63-foot-tall Norway Spruce will be harvested on the Monongahela National Forest in early November and prepared for the nearly 1,000-mile expedition. With the theme "Endlessly Wild and Wonderful," the journey will include a series of outdoor community celebrations across West Virginia before being delivered to the U.S. Capitol on Nov. 17, where it will be decorated with handmade ornaments specially made by West Virginians. Smaller Christmas trees also will be provided to service members stationed at Joint Base Andrews and offices throughout Washington, D.C.

Key Points: 
  • "People's Tree" will spread holiday joy from West Virginia to Washington, D.C.
    BOISE, Idaho, Nov. 8, 2023 /PRNewswire/ -- Each year, a national forest provides a tree to light up the West Lawn of the U.S. Capitol building for the holiday season.
  • Smaller Christmas trees also will be provided to service members stationed at Joint Base Andrews and offices throughout Washington, D.C.
    Truckstop is proud to support the 2023 U.S. Capitol Christmas Tree program along with this year's chosen tree hauler, and Truckstop customer, Werner Enterprises throughout the more than 15-stop journey to the U.S. Capitol.
  • "We are honored to be part of the U.S. Capitol Christmas Tree initiative again this year," said Kendra Tucker, chief executive officer, Truckstop.
  • "We're grateful for the time and resources Truckstop provides to help make this the best year yet."