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Logistics Management (LM): How do you view the current state of the freight economy? Bobby Harris: When you look at the first quarter, based on data from publicly traded companies, it is no secret that the market was softer in the first quarter than a year ago. And we are seeing that same softness when …
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 …
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. …
Logistics Expertise: The Ultimate “Killer App” – FreightWaves – Clarissa Hawes Read More »
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 …
