RPM Freight Systems is to receive backing from private equity firms Trive Capital and Bluejay Capital Partners, the investors said in a news release.

Truckstop launched three new services aimed at helping brokers ensure they’re doing business with trusted carriers, the company announced April 9.

Freight brokers use their expertise and relationships to help shippers find available carriers, saving shippers time and money and helping carriers more easily connect to shippers.

A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.

Michigan Gov. Gretchen Whitmer recently touted a $2 million grant to Fifth Wheel Freight as an example of economic development funds strengthening the state’s supply chain network.

The Federal Motor Carrier Safety Administration is amending its complex regulation pertaining to financial responsibility requirements for brokers of property and freight forwarders.

Throughout the pandemic-influenced years of 2020 through 2022, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight.

Federal trucking regulators  confirmed they plan to consider a request by the Owner-Operator Independent Drivers Association seeking a rulemaking on broker-shipper pricing transparency.

Third-party logistics providers enjoyed another growth year in 2022, driven by inventory buildup from past supply chain disruptions and decreasing purchased transportation costs.

A federal appeals court has ruled that an insurance company may not pursue a claim against a transportation broker after that broker unknowingly hired a fraudulent motor carrier.