Chicago-based FourKites, a provider of real-time tracking and visibility solutions across transportation modes and digital platforms, said today it has introduced a new offering that it says is the first product that offers shippers with real-time visibility across their network and also for freight that they do not manage. Entitled FourKites Network Visibility, company officials […]
2019
As freight brokerages look to leverage technologies, automate grunt work, and streamline operations, we hear references such as “Buying ‘digital freight matching’.” Unfortunately, this reference to ‘digital freight matching’ as a ‘product’ is too simplistic. Because every freight brokerage has a different mix of fulfillment opportunities, and each load opportunity has unique requirements, challenges, and
Enterprise software firm SAP and load-matching app developer Uber Freight have partnered to connect their shipper and carrier networks in an effort to improve supply chain efficiency. Through Uber Freight’s integration into the SAP Logistics Business Network, shippers will be able to access freight rates and capacity from Uber’s carrier base, the technology firms said
As the logistics industry continues to plow millions of dollars into digital freight matching (DFM) technology that pairs shippers and carriers, there is a clear difference of approach between third-party logistics providers (3PLs) that seek to minimize the “human element” and those that embrace the combination of automation technology and teams of skilled logistics professionals.
Some of the wealthiest tech pioneers are pouring money into trucking logistics, sold on the idea that the industry is ripe for a new manner of technological disruption. When Jeff Bezos, Bill Gates and eBay founder Pierre Omidyar throw their support behind startups, the Silicon Valley and Wall Street hype machines go into overdrive. App-based
Digital freight marketplaces that connect shippers and truckers online are turning toward more physical operations by offering the equipment that cargo carriers need to move loads. Freight-matching startups Convoy and Uber Technologies Inc. ’s Freight division recently launched fleets of trailers that shippers can preload with goods to speed up cargo transfers for drivers and
Many of the inefficiencies that ail the freight hauling industry find their roots within the market’s prevailing opacity; a majority of the interactions between freight brokers and carriers never get recorded – digitally or otherwise. This disconnect in information makes it a tiresome process, with freight brokers needing to rely on tribal knowledge and inadequate
Laredo, Texas-based Fr8Hub, a cloud-based over-the-road freight marketplace focused on United States-Mexico cross-border shipping, recently announced it has rolled out the 2019 version of its cross-border offering. Established in July 2017 Fr8Hub said that the focus of its digital freight marketplace is on directly matching cross-border shippers throughout Mexico and the U.S.—to and from border
After a decade since the launch of Uber Technologies Inc. (formerly UberCab 2009-11), the public is finally getting to own a piece of the cab-hailing giant. Uber (NYSE: UBER) opened its trading today on the floor of the New York Stock Exchange, with an initial public offering (IPO) price of $45 per share — finally
The ability to gather data and find new uses for it is changing marketplaces dramatically, and trucking is no exception, said David Rowan, a keynote speaker Wednesday at Transparency19 in Atlanta. Rowan is editor-at-large and founding editor of Wired magazine’s U.K. edition. He’s recently published a book, “Non-Bullshit Innovation: Radical Ideas from the World’s Smartest