Cheapest Freight Isn’t Best When Delays Cost Millions

#fwtv_8DcNYTXkqMQ. fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1. 6}#fwtv_8DcNYTXkqMQ. fwtv-panel p{margin:0 0 12px}#fwtv_8DcNYTXkqMQ. fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0}Cheapest freight isn’t always best, especially when a late shipment can cost millions.

ShipStation Global CEO Tom Madine breaks down why SMB shippers need parcel, LTL and truckload in one workflow, and why better freight decisions now matter more than just lower rates.

From the merger that created ShipStation Global to adding more modes into the platform, this conversation gets into where shipping tech is heading, how data shapes carrier selection, and what smaller shippers actually need from logistics partners.

#FreightTech #LTL #SupplyChain ShipStation Global is formally launching its less-than-truckload product, marking the first tangible freight expansion since the merger of software provider Auctane, formerly the parent of the Stamps. com andShipStation,and WWEX Group, which previously housed freight brokerages like Worldwide Express.

The company’s CEO said the rollout represents the opening move in a broader strategy to let small and midsize shippers purchase and manage all transportation modes through a single platform.

“Today’s the first day we’ve really launched the LTL product,” said Tom Madine, CEO of ShipStation Global, noting the company plans to add truckload, final mile, and eventually ocean and forwarding capabilities after establishing its inland position.

The strategic rationale centers on eliminating the workflow gap that forced ShipStation users to leave the platform whenever they needed to move freight beyond parcel. Customer surveys repeatedly flagged the absence of additional modes as the top improvement request, he said.

With LTL now integrated, shippers can manage inbound inventory movements alongside outbound parcel without switching systems. “Cheapest is not always best…But at the same time, you don’t want to overpay,” Madine said, illustrating the point with a customer whose engine shipments carry multi-million-dollar consequences if delayed.

The combined company manages more than 400 connections to parcel carriers globally and holds the largest multi-carrier shipping software position in North America, with meaningful market share in the U. K. , Italy, Spain, and Australia.

Madine said the SMB and middle-market segments in Europe represent the next growth lever, as the company’s European footprint is currently strongest at the enterprise and micro ends of the market.

Madine described the 90-day-old integration as smoother than previous acquisitions the company has completed, attributing the lack of friction to the complementary rather than overlapping skill sets of the two legacy businesses.

Octane brought product engineering and marketing depth while Worldwide Express contributed carrier relationships and commercial distribution — leaving little redundancy and limited organizational conflict over turf.

On pricing intelligence, Madine said the platform’s data capabilities are designed to help shippers move beyond rate-chasing toward carrier selection based on reliability and estimated outcomes.

The company intends to expand those tools as it pushes LTL deeper into its e-commerce customer base, giving smaller merchants visibility into freight market cycles that Madine said most SMB operators have neither the time nor the resources to track on their own.

This Summary is generated thanks to a transcription of the interview, for the full interview please enjoy the video above. The post Cheapest Freight Isn’t Best When Delays Cost Millions appeared first on FreightWaves.