Electronic Data Interchange (EDI) has run global trade for four decades, and the business model built around it has barely changed: charge companies a recurring fee to manage the complexity that no one ever bothered to engineer out of the system. “EDI has been broken for 40 years,” said Erik Kiser, Orderful founder and CEO.… Continue reading Orderful’s $35M Series C targets the service model that has defined EDI for decades
Month: June 2026
CSX officially opens $495 Baltimore intermodal rail tunnel project
In Baltimore, CSX executives and a host of dignitaries inaugurated a $495-million rail tunnel project that’s expected to boost intermodal container traffic at the city’s port, and along the I-95 East Coast corridor. Maryland Governor Wes Moore was joined by state and local elected officials, rail and labor leaders at a ribbon-cutting ceremony at the… Continue reading CSX officially opens $495 Baltimore intermodal rail tunnel project
Dry Van Report: Transportation prices just hit an all-time record. The May LMI explains why.
The May LMI recorded Transportation Prices at 96.0 — the highest reading ever posted for any metric in the index’s ten-year history — while Transportation Capacity contracted to 31.7, now in its sixth consecutive month below 50. That 64.3-point spread between prices and available capacity is the starkest supply-demand imbalance the LMI has ever captured,… Continue reading Dry Van Report: Transportation prices just hit an all-time record. The May LMI explains why.
Flatbed Report: Peak season came early, and Texas flatbed carriers are getting paid like it
The SCOTUS ruling that invalidated IEEPA tariffs in February didn’t reduce trade uncertainty — it reshuffled it. The administration replaced them with a 10% Section 122 surcharge and signaled more to come, including new Section 301 and Section 232 investigations that could produce longer-duration, higher duties. Stacked on top were sharply rising ocean costs: emergency… Continue reading Flatbed Report: Peak season came early, and Texas flatbed carriers are getting paid like it
TFS, WEX roll out equipment financing program as trucking industry rebounds
Trucking fleets that delayed equipment purchases during the prolonged freight recession are beginning to return to the market, prompting TFS Financial and WEX to launch a new financing program aimed at helping carriers acquire trucks, trailers and other transportation assets. Vancouver, British Columbia-based TFS Financial announced Monday the launch of “Equipment Financing Powered by TFS,”… Continue reading TFS, WEX roll out equipment financing program as trucking industry rebounds