The final day of Connections 2023 kicked off with Webb Estes, president and COO of Estes Express Lines, sharing insights from his career as a leader in the LTL market. Estes Express Lines is the largest family-owned trucking company in the United States and the fifth-largest LTL carrier with $4.4 billion in revenue. 

The second day of Connections 2023 opened with Mike Horvath, the EVP, CMO, and co-founder of Revenova, a CRM-based TMS company, identifying several trends that he saw shaping shipping and logistics, as well as certain risks that might be upcoming in the industry. 

Attendees on the first day of SMC3’s 2023 Connections were treated to a keynote presentation from Daymond John, serial entrepreneur, founder of FUBU, and a certified shark from ABC’s Shark Tank.

Both Newell Brands and J.B. Hunt were looking for ways to expedite less-than-truckload (LTL) analysis of rates and bids. Both companies selected the powerful SMC³ BatchMark® XL LTL rapid rating tool to drive greater efficiency in LTL bids and analytics.

The U.S. truckload market has been through a prolonged period of historic instability, caused by the convergence of a multitude of factors. While there are many positive signs moving forward, the truckload market is inherently volatile and cyclical.

As spot market rates decrease, carriers must prepare to reassess profitability on every lane. In a recent Truckload Carriers Association webinar, SMC³ joined TCA to explain the best cost accounting practices to determine which hauls are most efficient for your operations.