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FreightWaves LIVE recap: Is LPaaS the future of FreightTech? - Vimarsana News

FreightWaves LIVE recap: Is LPaaS the future of FreightTech?

FreightWaves LIVE recap: Is LPaaS the future of FreightTech? Logistics Platform as a Service have potential to solve integration issues 0 188 2 minutes read (Photo: FreightWaves) FIRESIDE CHAT TOPIC: LPaaS as the future of FreightTech DETAILS: FreightWaves’ President, George Abernathy, and Mark Yeager chat about the future of FreightTech and how Logistics Platform as a Service (LPaaS) can help shippers overcome integration challenges. ( See below for more on Redwood Logistics’ new service.) SPEAKER: Yeager is the CEO at Redwood Logistics. BIO: Yeager has more than 25 years of ex...

FreightWaves LIVE @HOME virtual event, May 19-20 - Vimarsana News

FreightWaves LIVE @HOME virtual event, May 19-20

FreightWaves LIVE @HOME virtual event, May 19-20 0 8 3 minutes read It’s back and bigger than ever. After the volatility of 2020, FreightWaves LIVE @HOME will examine what you can expect for the rest of the year.  Listen to pioneering entrepreneurs who can see opportunity on the horizon.  Watch transportation and supply chain gurus dive into the lessons learned over successful careers. It’s the place to be for anyone looking to grow their career and their impact in the world of supply chains, logistics and transportation.  Chief Commercial Officer and Executive Vice President of Peop...

Encore Bank Sets Eyes for Texas On 3 Big Cities - Vimarsana News

Encore Bank Sets Eyes for Texas On 3 Big Cities

Send Encore Bank’s Texas aspirations stand at three offices and counting. So far, the Little Rock bank has full-service branches in the works for Austin, Fort Worth and Dallas. The $834 million-asset lender will double the count of Arkansas banks with an office in Austin. Little Rock’s Bank OZK holds 0.43% share ($158.4 million) of the $36 billion-deposit market in the Texas capital. That ranks 25th among the 50 banks on the ground in Austin, where Wells Fargo Bank of Sioux City, South Dakota, sits atop the list with a 20.84% share of deposits totaling $7.6 billio...

Lawmakers Say Ocean Carriers are Undermining US Export Trade, Cry Foul on China - Vimarsana News

Lawmakers Say Ocean Carriers are Undermining US Export Trade, Cry Foul on China

Lawmakers Say Ocean Carriers Are Undermining US Export Trade, Cry Foul on China More than 100 members of Congress are calling on federal maritime authorities to probe what they say are ocean carrier actions that undermine American exports by refusing to pick up U.S. goods and, instead, are returning empty after dropping off imports. In a letter (pdf) to Michael A. Khouri, chair of the Federal Maritime Commission (FMC), the lawmakers voiced concern over reports that certain vessel-operating common carriers (VOCCs) are declining to ship U.S. agricultural commodity exports from ports in the Unit...

Texas cold is creating big demand for refrigerated trucks - Vimarsana News

Texas cold is creating big demand for refrigerated trucks

Frigid conditions up demand for refrigerated trucks to keep products like beer at safe temperatures.  Refrigerated truck capacity was already tight due to the pandemic and the start of produce season. The extra time to hire trucks and travel icy roads may lead to restocking delays and empty shelves. To the list of unusual results of frigid temperatures sweeping over Texas and the Midwest, add spiking demand for refrigerated trucks.  Spot rates — the prices given to shippers looking for trucks without a pre-negotiated deal — for refrigerated trucks were 22% higher Wednesday compared to t...