U.S. Trucking Companies Many people don’t realize it, but the majority of U.S. trucking companies are not large organizations like Knight-Swift, J.B. Hunt, and Schneider. In fact, about 97% of carriers in the U.S. operate 20 or fewer trucks (while 90% of those operate with six or fewer trucks). The national economy depends on trucks to deliver […]
2019
California-based startup Cargomatic competes in the local freight-matching marketplace, using technology to connect drivers and shippers without all the back office red tape. The company has rebuilt its C-suite over the last several months, bringing on new talent in the hopes of propelling itself toward further innovation. The company currently connects drivers and shippers in
Jenny Xu, former chief strategy officer at FreightWaves, has taken a position as chief executive of Carggo, a digital freight platform that serves small- and medium-size third-party logistics companies. In a recent telephone interview, Xu talked about synergies between her former and current employers, freight-tech’s “third wave” and how empathy is a key ingredient for
Over this decade, the freight industry has witnessed a steady queuing up of stakeholders within the market toward digitalizing their workflow, with the hope of improving visibility into operations and end-to-end transparency across supply chains. Though the term ‘digitalization’ is now etched in freight industry rhetoric, it is no more than that – an umbrella
Over this decade, the freight industry has witnessed a steady queuing up of stakeholders within the market toward digitalizing their workflow, with the hope of improving visibility into operations and end-to-end transparency across supply chains. Though the term ‘digitalization’ is now etched in freight industry rhetoric, it is no more than that – an umbrella
Chicago-based transportation management services provider Coyote Logistics, a subsidiary of freight transportation and logistics services bellwether UPS, this week introduced a new program and digital freight platform upgrades to better meet the needs and challenges shippers and carriers are facing. Entitled the Carrier of Choice Program, Coyote officials said that it rewards high-performing carriers with
A year ago at this time, it was widely stated that trucking market conditions were booming due to heightened demand, tight capacity and a strong economy. Today, while it may not be operating at the same elevated levels, the market remains strong overall, even though rates have taken a step back, capacity has loosened and
Scottsdale, Ariz.-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, announced today it has rolled out a new digital freight matching (DFM) offering, entitled GTZamp (Automated Movement Planning) for enterprise shipper customers that meshes the speed and ease of DFM with enhanced, multi-movement planning capabilities. GlobalTranz officials said that GTZamp is comprised of various
GlobalTranz, a top 10 tech-enabled freight brokerage and third-party logistics provider, announced the roll-out of GTZamp, the latest evolution of its technology platform. GTZamp is a digital freight matching solution designed for enterprise customers that uses robust big data inputs to build multi-movement shipments. GTZamp represents the next iteration of GlobalTranz’s technology by incorporating more
FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. In the Stone Age of transportation brokerage – the 1980s – technological innovations came in the form of new equipment purchases in an effort to speed up transactions. This might be a second