Expanding into new markets brings opportunities and risks. For consumers, Uber is known for changing the simple act of getting a taxi and ordering food. For the past two years, the company has been moving into the B-to-B market with Uber Freight. “We’ve built an app for independent owner-operators and small fleets, where they can […]
2019
Shippers that decide solely to solicit bids to their benefit will face the uncertainty of backlash from carriers, ultimately, bidding allows carriers to understand where they stand in the market and establish lasting carrier-shipper relationships. By Adam Robinson Freight Rates Freight rates are in a state of constant flux, and while the market appears on the
A massive containership docks at the Port of Rotterdam, the largest seaport in Europe. (Rotterdam Partners) [Stay on top of transportation news: Get TTNews in your inbox.] AMSTERDAM — To keep pace with growing cargo volumes and more stringent delivery requirements, some of the world’s most advanced freight handlers have been making significant headway in areas
Over 50 of today’s most innovative and disruptive companies in the logistics industry stepped on stage during FreightWaves LIVE Chicago to present live product demos. Their challenge was to show off their products through engaging seven-minute presentations — with no PowerPoints allowed. Attendees voted on demos from both the first and second days of the
Digitalization has taken hold across every aspect of the trucking industry, from the back office and receiving dock, to the drivers, trucks and trailers, making it difficult for carrier and freight brokerage managers to ignore. There are lots of new cloud-based options for companies within the trucking industry to digitalize and integrate their operation platforms
CHICAGO – The technology transformation that’s underway in freight transportation is badly needed to eliminate billions of dollars in annual waste and improve service for shippers and carriers of all sizes, in the same way that consumers have been empowered by shopping online, Shelley Simpson, chief commercial officer at intermodal transportation provider J.B. Hunt, said
By Jeff Berman, Group News Editor Earlier today, Seattle-based digital freight broker Convoy said it has made continued inroads on the investment front in securing $400 million in Series D funding. Company officials said that a key objective with this round of funding is to eliminate hundreds of billions of dollars of waste in the trucking
With the challenges carriers face involving communication, consistency, managing productivity, finding and matching loads, and many more issues, there is a rise of logistic companies offering solutions for both shippers and carriers. Freight-tech startups as well as long-established companies picked up on trends and challenges in the industry and have developed cutting-edge, intelligent solutions. On
It’s quite something when your name becomes synonymous with an entire movement in an industry. That is what has happened to Uber Freight, thanks in no small part to the disruption Uber created in the taxi industry. Today in the freight industry, the term “Uberization of freight” is used interchangeably with digital freight brokerage operations
By Michael Levans, Group Editorial Director While we continue to use our pages to beat the drum that a digital approach offers the promise of a fully connected network with access to real-time visibility to capacity and warehouse space, this year’s findings suggest that there has been a slight shift to a more passive “wait-and-see”