One of the biggest trends in the field of freight logistics is the digitization of the trucking industry, which has a market of over $700 billion every year. Traditionally, truckers write out their logs on paper, carriers audit those logs, which can be a logistical nightmare. Tracking drivers through phones can also be a problem […]
The Eagles once sang, “Things in this life change very slowly, if they ever change at all,” and certainly for most of the history of logistics, those words rang true. While we can all point to certain major events over the past century that did indeed change things as we knew them—containerization, deregulation, overnight deliveries—by
The freight brokering industry has been around for many years. New brokering companies come and go, and not much changes in the industry. Freight brokers are the link between the shipper and the carrier. However, digital freight brokerage companies, such as Uber and Power2Ship, are revolutionizing the industry. Digital freight brokerage, otherwise known as digital freight
East Coast Transport, LLC, a mid-size third-party logistics provider, has selected the automated Load Track platform from Trucker Tools and plans to extend its use of the technology beyond real-time freight visibility. East Coast Transport (ECT), based in Paulsboro, N.J., serves some of the largest shippers in the United States. The company is celebrating its
Technology has made it easy for anyone to get into the game, but there are still obstacles The latest craze in logistics is the “uberization of trucking,” i.e. digital freight brokers (DFM). In reality, though, DFMs are not new, with the first iteration of them appearing in the early 2000s with companies such as Power2Ship
Company remains committed to providing quality service to help small carriers thrive One of the early entries in the so-called and really misnamed “Uber for trucking” movement, Convoy found immediate backers with the likes of Jeff Bezos, Marc Benioff and Henry Kravis when it launched in 2015. Since then, hundreds of companies have tried to
Hardly three months after its official debut, Uber Freight announced today it will expand services to major metros across California, Arizona, Georgia, South Carolina, North Carolina and the Chicago-Midwest region. While emphasis is placed on major corridors and freight lanes in the new regions – which, including Texas, cover more than 25 percent of the country’s drivers
The push to automate freight brokering is gaining momentum with technology startup Convoy raising $62 million to accelerate its growth plans and Uber Freight adding features and expanding into new markets since its May launch. These digital freight brokers offer mobile applications that match carriers with loads, automate manual processes and provide upfront pricing and
Some of the biggest names in technology, including Jeff Bezos, Marc Benioff and Bill Gates, were involved in the latest funding round for Seattle-based freight matching marketplace Convoy. Even in an era of almost unprecedented interest and venture capital investment in transportation and logistics technology, the list of investors in Seattle-based freight matching technology
It’s a warm summer afternoon at the TA Seattle East truck stop in North Bend, Wash., and Jerry Brooks is waiting for business. The 60-year-old driver from South Carolina wants to head back east, but the offers he’s received so far don’t meet his standards for distance and pay. “Everybody you see here is looking