The Logistics of Logistics cover image

The Logistics of Logistics

Latest episodes

undefined
Dec 27, 2023 • 31min

The Logistics of Logistics Story with Joe Lynch

Joe Lynch and Spencer Tenney discuss The Logistics of Logistics story. Joe is Founder and CEO of The Logistics of Logistics, a media property that provides valuable insights from logistics and supply chain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight. About Joe Lynch Joe Lynch is the host of The Logistics of Logistics podcast, which is consistently ranked as a top logistics and supply chain podcast. The Logistics of Logistics provides insights from logistics and supply chain leaders on innovation, technology, trends, and the future of freight. Before podcasting, Joe consulted to large shippers on the selection and management of logistics providers. Additionally, he helped transportation and logistics companies grow their sales. As COO, Joe ran a 3PL focused on LTL and truckload shipping. Prior to his logistics career, Joe was a lean process expert, project / launch manager and automotive engineer for Jeep in Thailand, China, and the US. Joe earned a BBA from Cleary University and a MA in Education from the University of Michigan. About The Logistics of Logistics The Logistics of Logistics is a podcast and blog hosted by industry expert Joe Lynch. Joe interviews founders, executives, and innovators who are shaping the future of logistics and supply chain. Topics include transportation, logistics, warehousing, technology, supply chain, and ecommerce. The Logistics of Logistics audience expects an inside perspective of what’s next in logistics and supply chain delivered via podcasts, videos and articles. Key Takeaways: The Logistics of Logistics Story The Logistics of Logistics is a podcast and blog hosted by industry expert Joe Lynch. Joe interviews founders, executives, and innovators who are shaping the future of logistics and supply chain. The Logistics of Logistics connects with the logistics community through various channels including podcasts, videos, articles, and social media The Logistics of Logistics podcast provides a valuable opportunity for guests to showcase their expertise, share insights, and connect with leaders and decision-makers in supply chain, transportation, logistics, warehousing, and technology. An appearance on The Logistics of Logistics podcast can enhance the recognition and credibility of the guest and their company by providing exposure to a wide audience of industry professionals. Learn More About The Logistics of Logistics Story Joe Lynch | LinkedIn The Logistics of Logistics | LinkedIn The Logistics of Logistics | Homepage Spencer Tenney | LinkedIn Tenney Group | LinkedIn Tenney Group | Homepage Spencer Tenney and the Tenney Group Story What’s Driving the 3PL Industry Consolidation with Spencer Tenney Transportation M&A with Spencer Tenney The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 22, 2023 • 52min

Transportation M&A with Spencer Tenney

Spencer Tenney and Joe Lynch discuss transportation M&A. Spencer is President & CEO of Tenney Group, trusted M&A advisors to transportation industry. About Spencer Tenney Spencer Tenney serves as President & CEO of Tenney Group, where he oversees the firm’s day-to-day effectiveness and long-term vision. Spencer is a graduate of the University of Texas at Austin and holds the designation of Certified Merger & Acquisition Advisor through AM&AA. Prior to Tenney Group, Spencer worked as a Director at Merritt Hawkins, a healthcare recruiting firm in Dallas. He also owned a music publishing company. Spencer and his wife, Lauren, reside outside of Nashville in Franklin, Tennessee and have been married for 13 years. He has three amazing kids – 9,6, & 3. He enjoys writing country music, reading presidential biographies, and F3 (Fitness, Fellowship, Faith). He currently serves on the board of Franktown Open Hearts, a faith-based organization dedicated to equipping inner-city kids to free themselves from generational poverty. About Tenney Group Tenney Group are mergers and acquisitions advisors who work with business owners in the 3PL, trucking, and bus industry. These business owners are hardworking individuals or teams who have created and lead companies that are the backbone of America. Unfortunately, pitfalls unique to the transportation industry can threaten an owner’s ability to sell their business for what they deserve or even threaten their ability to sell at all. Luckily, Tenney Group has developed an industry specialized process that enables business owners to navigate these pitfalls and maximize their ability to get a deal done. Ultimately, this allows owners to impact their family, employees, and community in profound ways while also giving them peace of mind that they made the best decision. The Tenney Group’s unique expertise helps transportation business owners build and protect business value, grow through acquisitions, and optimize the sale of their businesses. The Tenney Group was established in 1973 and has completed over 200 transportation deals. Key Takeaways: Transportation M&A The Tenney Group are trusted mergers and acquisitions advisors to the transportation advisors for the following reasons: Specialized Expertise: The Tenney Group isn't your average M&A advisor. They focus solely on the transportation and logistics industry, boasting over 45 years of experience navigating its unique complexities. Think trucking, warehousing, logistics providers, and more – they've seen it all. Proven Track Record: With a 98% success rate in closing deals, The Tenney Group has a well-deserved reputation for excellence. They've helped countless transportation businesses achieve their M&A goals, whether it's selling, buying, or restructuring. Relationship-Driven Approach: Forget cold calls and impersonal transactions. The Tenney Group builds strong relationships with both buyers and sellers, ensuring a smooth and collaborative M&A process. They understand the emotional side of business transitions and prioritize trust and open communication. Confidentiality is Key: Selling or buying a transportation business is a sensitive matter. The Tenney Group takes confidentiality seriously, employing strict protocols and a network of trusted partners to protect your information throughout the M&A process. Maximizing Value: The Tenney Group doesn't just get you a deal; they get you the best deal possible. They leverage their deep industry knowledge and extensive network to attract qualified buyers and negotiate favorable terms, ensuring you get the maximum value for your transportation business. Streamlined Process: M&A can be complex and time-consuming. The Tenney Group has a proven, step-by-step process designed to streamline the process, minimize disruptions to your business, and keep you informed every step of the way. Giving Back: The Tenney Group believes in making a positive impact beyond the boardroom. They're committed to philanthropy and actively support various charitable causes, especially those related to the transportation industry. Learn More About Transportation M&A Spencer Tenney | LinkedIn Tenney Group | LinkedIn Tenney Group | Homepage Spencer Tenney and the Tenney Group Story What’s Driving the 3PL Industry Consolidation with Spencer Tenney The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 20, 2023 • 42min

A SaaS Gal in VC Land with Maia Benson

Maia Benson and Joe Lynch discuss A SaaS Gal in VC Land. Maia is a SaaS gal in VC land and a Managing Director at Forum Ventures where she works with SaaS founders from inception to scale.  About Maia Benson Maia Benson is a Managing Director at Forum where she works with SaaS founders from inception to scale.  She has spent over 20 years founding, building and scaling award-winning SaaS products for Entrepreneurs and SMBs at places like LexisNexis, Pitney Bowes and most recently at Shopify, where she helped found, launch and scale their Shipping and Fulfillment products from inception to 60%+ merchant adoption and $Bs of transportation spend. About Forum Ventures Forum Ventures is the leading early-stage fund, program and community for B2B SaaS startups. Founded in 2014 as Acceleprise, we’re on a mission to make the B2B SaaS journey easier, more accessible and successful for early-stage founders, through pre-seed and seed-stage funding, high touch programming, corporate perks and introductions, and an active SaaS community. Forum For Founders, our pre-seed program, provides founders with $100k in funding and 15 intense weeks of talks, events, mentorship and 1:1 guidance focused on go to market and fundraising. Forum Seed, our seed fund, backs exceptional SaaS startups at the seed-stage both from within and outside of our pre-seed program. With over 250 portfolio companies, Forum founders have gone on to raise from NEA, Andreessen Horowitz, Uncork Capital, 8VC, Founders Fund, Menlo Ventures, Canaan, Bowery Capital, Susa Ventures, Salesforce Ventures, SV Angel, True Ventures and many more. Our private peer community for Innovation executives -- The Innovation Forum -- brings together like-minded intrapreneurs from all backgrounds to share best practices, insights, and advice, and support one another. In addition to our incredible peer community, members get access to industry trend reports, collaborative events, emerging technology, and startup introductions. Key Takeaways: A SaaS Gal in VC Land Forum Ventures is the top choice for early-stage B2B SaaS companies looking for funding. Forum Ventures is different and better for the following reasons: Founder-focused: Their team consists of former SaaS founders, offering deep understanding of the early-stage journey and expertise in GTM, sales, and fundraising. Pre-seed and seed investments: They empower early-stage B2B SaaS companies with pre-seed and seed funding, ranging from $100k to $2 million. High-touch programs: Beyond funding, they provide high-touch programs like "Forum For Founders" (15 weeks of talks, mentorship, and guidance) and a dedicated fundraising track. Thriving community: They foster an active SaaS community with over 450 founders, mentors, and experts, offering connections, support, and valuable insights. Accessibility champions: Committed to diversity and inclusion, they strive to make the B2B SaaS ecosystem more accessible to underrepresented founders. Proven success: With over 250 successful pre-seed and seed investments, their track record speaks for itself. Fractional co-founder approach: They act as a "fractional co-founder" with world-class expertise, helping startups navigate crucial steps like product development, go-to-market strategy, and fundraising. Mission-driven: Driven by a genuine passion for aiding founders, they prioritize their success and strive to make the B2B SaaS journey easier and more impactful. Learn More About A SaaS Gal in VC Maia Benson | LinkedIn Forum Ventures | LinkedIn Forum Ventures | Homepage The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 18, 2023 • 41min

Smart Glasses in the Warehouse with Paul Travers

Paul Travers and Joe Lynch discuss smart glasses in the warehouse. Paul is the Founder and CEO of Vuzix, a leading designer, manufacturer, and marketer of Smart Glasses and Augmented Reality (AR) technologies and products for the enterprise, medical, defense and consumer markets. About Paul Travers Paul Travers is the founder of Vuzix and has served as President and Chief Executive Officer since 1997 and as a member of the Board of Directors since November 1997. Prior to the formation of Vuzix, Mr. Travers founded both e-Tek Labs, Inc. and Forte Technologies Inc. He has been a driving force behind the development of Vuzix products. With more than 30 years of experience in the consumer electronics field and 26 years of experience in the virtual reality and virtual display fields, he is a nationally recognized industry expert. He holds an Associate degree in engineering science from Canton, ATC, and a Bachelor of Science degree in electrical and computer engineering from Clarkson University. About Vuzix Vuzix is a leading designer, manufacturer and marketer of Smart Glasses and Augmented Reality technologies and products for the enterprise, medical, defense and consumer markets. The Company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 350 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and augmented reality Video Eyewear field. Moviynt, an SAP Certified ERP SaaS logistics solution provider, is a Vuzix wholly owned subsidiary. The Company has won Consumer Electronics Show (CES) awards for innovation for the years 2005 to 2023 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY; Oxford, UK; Munich, Germany; and Kyoto and Tokyo, Japan. Key Takeaways: Smart Glasses in the Warehouse Vuzix is a leading designer, manufacturer, and marketer of Smart Glasses and Augmented Reality (AR) technologies and products for the enterprise, medical, defense and consumer markets. Vuzix was founded in 1997 and is headquartered in Rochester, New York. The company’s smart glasses are used in a variety of industries, including manufacturing, healthcare, logistics, and entertainment. Vuzix's smart glasses are known for their durability, comfort, and ease of use. Vuzix's AR technologies are used to overlay digital information on the real world. Vuzix's AR technologies can be used for a variety of purposes, such as providing hands-free instructions, displaying product information, and gaming. Learn More About Smart Glasses in the Warehouse Paul Travers | LinkedIn Vuzix| LinkedIn Vuzix | Twitter Vuzix | Facebook Vuzix website Warehouse and logistics white paper download The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 15, 2023 • 41min

Winning Capacity Management with Lindsay Watt

Lindsay Watt and Joe Lynch discuss winning capacity management. Lindsay is the VP of Product at Parade, a capacity management platform that helps freight brokerages win more business. About Lindsay Watt Lindsay Watt is the VP of Product at Parade, a capacity management platform that helps freight brokerages win more business. Lindsay is a seasoned product leader who was Head of Product at Convoy and built multiple products as a Principal Product Manager while at Amazon, including the Amazon Scout delivery robot. He brings his obsession for building products that delight customers to Parade, where he leads the Product team. In addition to building product teams at multiple startups, Lindsay has founder experience. He holds an MBA from INSEAD and a BSCEng in Engineering Physics and BA in Business German from Queen’s University. About Parade Parade is a capacity management platform that helps freight brokerages win more business. Parade helps carrier sales teams procure and manage carriers, boost rep productivity, and increase margins. Shipper sales teams get precise pricing, optimized bidding, and advanced shipper connectivity. Key Takeaways: Winning Capacity Management with Lindsay Watt Parade empowers freight brokerages and 3PLs to dominate the transportation game. Their cutting-edge platform tackles the industry's biggest pain points: carrier sourcing, booking automation, and winning more business. Parade provides the following: Smart Carrier Matching: No more endless cold calls. Parade's AI matches the right carrier to the right load instantly, saving time and money. Automated Bookings: Ditch the manual paperwork. Parade seamlessly integrates with brokerages' systems, automating bookings and reducing errors. Winning More Bids: Parade's data-driven insights help brokerages price competitively and win more deals, boosting bottom lines. Brokerages using Parade experience: Increased carrier capacity: Source reliable carriers faster and build stronger relationships. Reduced operational costs: Automate bookings, streamline workflows, and slash paperwork. Faster growth: Win more bids, secure higher margins, and expand your business. Parade: It's not just capacity management, it's a freight brokerage superpower. Learn More About Winning Capacity Management Lindsay Watt | LinkedIn Parade | LinkedIn Parade website The Parade Story with Anthony Sutardja | The Logistics of Logistics The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 13, 2023 • 55min

Reinventing Ecommerce Shipping with Itamar Zur

Itamar Zur and Joe Lynch discuss reinventing ecommerce shipping. Ita is the Co-founder and CEO of Veho, a company dedicated to driving commerce forward with a customer-centric delivery and returns experience that's built for the modern era. About Itamar Zur Itamar Zur founded Veho based on the belief that getting a package should be a pleasure. After a failed delivery of a meal kit subscription led him down a customer service abyss, Zur realized that the experience he had anticipated for days fell apart in the last mile. Veho was built on this core insight: customer-first delivery experiences directly impact brands' customer retention and customer lifetime value. With support from a team of industry veterans from FedEx, Uber and Amazon, Zur and his co-founder Fred Cook have grown Veho to provide the most transparent, customer-centric, and flexible shipping solution for brands radically focused on first-rate customer experience.Veho’s mission is to power the future of commerce by making shipping, shopping, and returns work seamlessly for everyone. About Veho Veho’s mission is to power the future of commerce by making shopping, shipping and returns work seamlessly for everyone. Through an innovative end-to-end logistics infrastructure powered by the latest technology and designed for the needs of brands and consumers. Veho is reinventing shipping, and all parts of the post-purchase experience as we know it. Veho removes the pain from delivery and returns and creates new powerful opportunities for brands to engage and build deep loyalty with their customers, and delight them like never before. Key Takeaways: Reinventing Ecommerce Shipping Veho unlocks the potential of everyday consumers and e-commerce brands to fully participate in the global economy—removing limitations caused by outdated logistics providers and archaic technology. By building an entirely new end-to-end logistics infrastructure powered by technology designed to meet the needs of brands and humans in the age of e-commerce, Veho is reinventing the post-purchase experience. For e-commerce brands, we are the tech-driven shipping partner enabling fast, personalized, and highly reliable package delivery and returns—from their fulfillment centers to their customer's doorstep and back. We created a nationwide network of warehouses and a tech platform that builds optimized routes for qualified crowdsourced driver partners. For customers, we give them complete control over their delivery experience and empower them to share their feedback—with us and the brands they shop from—helping us all constantly improve. For our driver partners, they get to have total control over their schedule and visibility into their earning potential on our platform so they can decide what's best for themselves and their families. They don’t need to drive passengers or hustle in line at a restaurant. Delivering with Veho is safe and easy. Today, Veho provides customers and brands an unparalleled shipping experience with an over 99% on-time delivery rate and 4.9/5 customer rating in over 42 markets and counting. Our brand partners have seen 20% increases in customer repurchases, 40% growth in customer lifetime value, and 8% improvements in net promoter score from customers. Tomorrow, Veho will power new types of businesses in the e-commerce economy. We will make it easy for anyone to start a business, scale, and provide customers with fast and seamless delivery and returns—locally, nationally, or internationally. We will bring the fitting room to the living room and celebrate new ways of discovering and engaging with beloved brands. And we will enable retailers to reimagine in-store shopping by connecting the physical and digital with fast and seamless logistics powering holistic shopping experiences. Learn More About Reinventing Ecommerce Shipping Itamar Zur | LinkedIn Veho | LinkedIn Veho website Veho’s Guide to Peak Season 2023  The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 11, 2023 • 40min

Manifest 2024 with Pam Simon

Pam Simon and Joe Lynch discuss Manifest 2024. Pam is the EVP and Conference Chair at Manifest: The Future of Supply Chain & Logistics which will be held February 5th - 7th, 2024, at Caesars Forum, Las Vegas. About Pam Simon Pam Simon is a successful entrepreneur and business connector with more than 15 years of experience in event production, content creation, experiential marketing and angel investing.  In 2019 Connectiv acquired her Future of Event series from Lab Ventures. She is the EVP & Conference Chair of Manifest a global logistics tech show bringing investors, leaders and innovators from around the world together. While a Partner at Lab Ventures Pam produced three major vertical technology summits ~ Future of Travel Tech, Future of Real Estate Tech and Future of Logistics Tech that bring new and emerging business to Miami.  With her vast executive network and her ability to span many different worlds, she specializes in linking finance professionals with entrepreneurs to create lucrative new business opportunities. While living in Brazil she founded LATAM Founders Network (LFN), the largest private network of CEO’s, Founders and Investors focused on the technology sector in Latin America. In 2014, Pam launched the LATAM Founders Awards, now known as the ‘Oscars for Technology in Latin America’ an event that recognizes the most disruptive and innovative companies in the region. Pam is a George Washington University Graduate and an angel investor.  She and her husband, Daniel Simon, have an 6 year old son, Hayden Storm Simon. About Manifest: The Future of Logistics The world of logistics is changing faster than ever. Technology advances plus rapidly changing consumer behavior has already dramatically changed how business gets done. Manifest will provide a focused look at what’s to come across the spectrum of LogisticsTech and which companies and technologies are transforming the way goods circumnavigate the globe. Manifest will help you forge new relationships, new alliances, and foster new strategies that help move your business forward and avoid falling into the traditional mindset. Key Takeaways: Manifest 2024 Manifest, The Future of Supply Chain & Logistics will be held February 5th - 7th, 2024, at Caesars Forum, Las Vegas Showcase of leading innovations in supply chain and logistics technologies. Covers the entire supply chain spectrum, from transportation to data analytics. Features cutting-edge technologies like AI, blockchain, and robotics. Fosters collaboration and networking between industry professionals. Addresses global challenges like sustainability and workforce development. Inspires innovation and drives progress in the supply chain industry. A must-attend event for anyone involved in the supply chain and logistics ecosystem. Manifest is the premiere gathering that unites the entire eco-system of Fortune 500 global supply chain executives, logistics service providers, innovators and investors at the forefront of logistics tech and end-to-end supply chain.  Learn More About Manifest 2024  Pam Simon | LinkedIn Manifest: The future of Supply Chain & Logistics | LinkedIn Manifest: The Future of Supply Chain & Logistics Key Takeaways from Manifest with Pam Simon End to End Supply Chain Disruption with Pam Simon Check out the full agenda details & SAVE $200 on the current registration rate ($600 off the on-site rate!) The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 8, 2023 • 46min

Ryder's Freight Market Update with Kevin Clonch

Kevin Clonch and Joe Lynch discuss Ryder's freight market update. Kevin is the group director of customer logistics for Ryder System, Inc., a leading logistics and transportation company. About Kevin Clonch Kevin Clonch is the Group Director of Freight Brokerage at Ryder System, Inc. With a focus on Ryder’s freight brokerage group, Kevin is responsible for supporting a growing portfolio of accounts across the United States. Kevin joined Ryder in October 2015 and      led Ryder’s outsourced transportation procurement activity as senior director. Today, his focus is on our freight brokerage operations where he has driven explosive growth over the past 3 years. He is a seasoned leader with over 20 years of experience and proven success in sales and operations management in the logistics industry, holding various levels of leadership with both non-asset based & asset based 3PL’s. Kevin received his bachelors in marketing from Miami University and also holds an MBA from the University of Cincinnati with a concentration in operations management. About Ryder Ryder System, Inc.  (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. Key Takeaways: Ryder's Freight Update Kevin Clonch and Joe Lynch discuss: State of the Transportation Industry Freight fraud and double-brokering that continues to plague the transportation industry. The importance of technology and operational expertise in the freight market. Why people and relationships are still the foundation of the logistics and transportation world. Why top shippers are moving to industry leaders (like Ryder) to build more resilient supply chains. Ryder is a leading logistics and transportation company that provides comprehensive solutions for supply chain, dedicated transportation, and fleet management. Ryder offers a wide range of services including: warehousing and distribution, ecommerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, leasing, maintenance, rental, and used vehicle sales. Ryder’s extensive network operates throughout the US, Mexico, and Canada, managing nearly 260,000 vehicles and over 300 warehouses spanning 95 million square feet. Ryder is a recognized industry leader renowned for its practices in third-party logistics, technology, vehicle maintenance, environmental stewardship, corporate social responsibility, safety, security, veteran recruitment, and workforce diversity. Learn More About Ryder's Freight Update Kevin Clonch | LinkedIn Ryder System, Inc. | LinkedIn Ryder website State of the Transportation Industry | Ryder Logistics Automating the Warehouse with Gary Allen | The Logistics of Logistics The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 6, 2023 • 43min

Unlocking Logistics Profits with Matt McKinney

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop, a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. Loop's AI-driven platform removes payment friction in the supply chain to unlock margin and increase liquidity. Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain. Having studied engineering at USC and Stanford, Matt is no stranger to complex data problems. Matt's most significant achievement to date is his powerhouse engineering team, from his co-founder Shaosu Liu to several Flexport, Uber, and Meta engineers. When he's not wrangling unstructured data, you can find him running, biking, or playing with his two sons. About Loop Loop is on a mission to unlock profits trapped in the supply chain and lower costs for consumers. Bad data and inefficient workflows create friction that limits working capital and raises costs for every supply chain stakeholder.Loop’s modern audit and pay platform uses our domain-driven AI to harness the complexity of supply chain data and documentation. We improve transportation spend visibility so companies can control their costs and power profit. That is why industry leaders like J.P. Morgan Chase, Great Dane, Emerge, and Loadsmart work with Loop.Our investors include J.P. Morgan, Index Ventures, Founders Fund, 8VC, Susa Ventures, Flexport, and 50 industry-leading angel investors. Our team brings subject matter expertise from companies like Uber, Google, Flexport, Meta, Samsara, Intuit, Rakuten, and long-standing industry leaders like C.H. Robinson. Key Takeaways: Unlocking Logistics Profits Loop is a leading audit and payment platform for successful supply chains.  Loop’s technology unifies supply chain and spend data that is trapped in different documents and systems so companies can control their costs and power profit.   Loop's mission is to unlock profit trapped in supply chains with their modern audit and payment platform that provides complete spend visibility, workflow automation, and transportation spend intelligence.    Loop offers a suite of services that help businesses manage their supply chains more effectively, including: Shipment data centralization: improve spend visibility so companies can understand their true costs to reduce financial risk and improve efficiency Audit and pay automation: increase the accuracy of workflows so companies stop overpaying and can reallocate operational teams to more strategic work. Transportation spend intelligence: Loop’s self-serve analytics tracks trends and patterns to surface insights that reduce spend and boost working capital.   Loop's technology platform is powered by artificial intelligence and machine learning, which enables it to automate tasks, analyze data, and identify risks and opportunities.   Loop's benefits are: Reduced costs: By identifying overpayments and inefficiency in their supply chains, businesses can save money on procurement and improve their bottom line. Working capital: Loop increases companies' financial controls so they can properly age invoices or offer Loop’s dynamic discounting product, Quickpay Betters decisions: Loop's platform provides businesses with a clear view of their supply chain and spend, which helps them make better decisions and manage risks.   Enhanced collaboration: Loop promotes collaboration between businesses and their suppliers/carriers. Loop is constantly innovating and expanding its services. It is currently developing new enhancements for supply chain financing, ocean, and air.  Learn More About Unlocking Logistics Profits Matt Mckinney | LinkedIn Loop | LinkedIn Loop homepage Contact Loop Episode Sponsor: Wreaths Across America Wreaths Across America Radio – Wreaths Across America Episode Sponsor: Lean Solutions Group Outsourced Sales and Marketing with Ryan Mann The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
undefined
Dec 4, 2023 • 32min

Financial Predator vs Partner with Bharath Krisnamoorthy

Bharath Krisnamoorthy and Joe Lynch discuss financial predator vs partner. Bharath (“B”) is CEO and Co-founder of Denim, an all-in-one financial services platform rapidly disrupting the $250 billion freight intermediary market. About Bharath Krishnamoorthy Bharath Krishnamoorthy is CEO and co-founder of Denim, a freight financial partner that processes over $1 million daily. Recognized for its innovation, Denim was named in the FreightTech100 by FreightWaves. As CEO, Bharath leads Denim’s overall business strategy and fundraising efforts, which have supported the company’s rapid growth and resulted in $165 million in funding. An alumnus of Columbia Law School and James Madison University, Bharath formerly practiced mergers and acquisitions law before launching Denim with longtime business partner and friend Shawn Vo. About Denim Fast, simple, and secure payment transactions for freight brokers, carriers, and shippers. Denim is the go-to freight payment system for freight brokers and fleets, processing over $1 million in payments daily. Logistics companies rely on our proprietary technology to streamline financial operations and access working capital. We automate invoicing, collections, and payments, reducing freight broker tasks by 75%. Our factoring solution is transparent and flexible, free from hidden fees or long-term contracts. Clients decide which loads to factor and their payment schedule, giving them full financial control. With an open API, Denim integrates smoothly with ten leading TMS platforms. Key Takeaways: Financial Predator vs Partner When it comes to factoring and payments in the freight brokerage space, there are a lot of financial predators. Financial predators take advantage of freight brokers by charging hidden fees, unscrupulous UCC lien practices, and forcing brokers to factor all invoices rather than just the ones they want factored. Additionally, many of the financial predators do not provide data analytics or financial reporting like Denim does. Bharath and the Denim team are a true financial partner to the freight brokers they serve. Denim is a factoring provider and freight payment system specializing in freight broker operations. They help brokers easily access the working capital they need to grow in a competitive market through freight software that provides factoring, automated invoicing, collections, and payments. Denim customer get a seamless integration of financing and payment services. Learn More About Financial Predator vs Partner Bharath Krisnamoorthy | LinkedIn Denim | LikedIn Denim website The Denim Story with Shawn Vo FreightTech100 Episode Sponsor: Wreaths Across America Wreaths Across America Radio – Wreaths Across America Episode Sponsor: Lean Solutions Group Outsourced Sales and Marketing with Ryan Mann The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner