FreightWaves is providing a forum – Market Voices – for a number of market experts. Brian Laung Aoaeh writes about the reinvention of global supply chains, from the perspective of an early-stage technology venture capitalist. He is the co-founder of REFASHIOND Ventures, an early-stage venture capital fund that is being built from the ground up […]
2019
Companies like Lyft, Airbnb, and Kickstarter use technology platforms to connect customers with service providers. And that same concept has made its way to the trucking markets, where companies like Convoy, Transfix, Uber Freight and Loadsmart are using algorithms to pair carriers with shippers who need their loads delivered. This is no passing fad either.
Cart Before the Horse: Digital Freight Matching, A.I. and Machine Learning for Freight 5/8/2019 Strategy and Innovation Technology Technologies are assisting to automate tasks that require lots of repetition and grunt work, allowing people to focus on tasks that require a human touch. In the case of brokerages, it would be impossible for their carrier
Companies who operate in the rapidly digitizing supply chain need game-changing technology that will make their operations more efficient, faster, and smarter. The pace of change in freight is heating up. A renewed wave of competition — perhaps the most profound since trucking was deregulated in 1980 — is forcing companies in the space to
A driver uses the Uber Freight app to check load availability. (Aether Films) 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
J.B. Hunt, the fourth largest trucking company in North America, announced on Monday a new trailer pool program and drop-and-hook service dubbed J.B. Hunt 360box. Launching this summer, 360box will introduce a pool of 500 additional 53-foot trailers that businesses can reserve for drop trailer purposes, with plans to accelerate the number of available units
Launching this summer, 360box will introduce a pool of 500 additional 53-foot trailers businesses can reserve for drop-trailer purposes. J.B. Hunt Transport Services announced Monday a new trailer pool and drop-and-hook service — J.B. Hunt 360box — will be launched this summer. The Lowell, Ark.-based intermodal and trucking provider said the service will introduce
The shadow of obsolescence seems to be hanging over freight brokerages, given the rise of digital load matching apps and other technologies. But industry veteran Andrew Clarke says he is optimistic about the future of freight brokers due to increasing complexity of supply chains. Speaking at Transparency19 in Atlanta, Clarke said the success of his
Photo: Shutterstock Kuebix, a transportation management company, has partnered with Emerge, a private freight marketplace provider, to announce the addition of the Emerge marketplace to its Community Load Match platform. Shippers on the Kuebix platform will now have access to higher truckload capacity; courtesy of Emerge’s burgeoning digital marketplace. Since its inception, Kuebix has stood
( Photo: C.H. Robinson ) Biesterfeld: C.H. Robinson has maintained consistent margins through multiple disruption cycles C.H. Robinson (NASDAQ: CHRW) is not afraid of Amazon’s entrance into freight brokerage and welcomes the competition, incoming chief executive officer Bob Biesterfeld told Wall Street analysts on the company’s earnings call this morning. After prepared remarks by Biesterfeld,