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Digital Freight Brokerage Grows Into Top Service Revenue Opportunity as Truck-as-a-Service Gains Traction – Frost & Sullivan

By / 2020-09-13

SANTA CLARA, Calif., Feb. 28, 2019 /PRNewswire/ — The surge in service- and solution-based revenue streams following the rise in digital transformation, autonomous trucking, urban trucking, platformization, and dealership evolution is expected to propel the $11.2 billion Truck-as-a-Service (TaaS) market toward $79.42 billion in 2025. Digital freight brokerage is likely to be the biggest market segment …

Digital Freight Brokerage Grows Into Top Service Revenue Opportunity as Truck-as-a-Service Gains Traction – Frost & Sullivan Read More »

Grant Crawford promoted to president at Emerge – FreightWaves – John Paul Hampstead, Associate Editor

By / 2020-09-13

Grant Crawford has been promoted to President at Emerge, the Leto brothers’ third and current freight tech startup. Crawford began his career in logistics in 1991 as a package handler for FedEx Ground when it was just getting started and eventually rose to VP of international operations, overseeing the company’s expansion into Canada.  Andrew and …

Grant Crawford promoted to president at Emerge – FreightWaves – John Paul Hampstead, Associate Editor Read More »

Roadie’s new funding round comes with an orange twist – FreightWaves – Mark Solomon

By / 2020-09-13

Delivery firm Roadie Inc. said today it has landed $37 million in funding from an investor group that includes retailing giant The Home Depot, Inc., (NYSE:HD) one of Roadie’s customers. The round, which brings Roadie’s total funding to $62 million, is unusual because retailers, and especially customers of their delivery vendors, typically shy away from …

Roadie’s new funding round comes with an orange twist – FreightWaves – Mark Solomon Read More »

FreightWaves secures $20 million in Series B funding from corporate and strategic investors – FreightWaves Staff

By / 2020-09-13

FreightWaves founder and CEO Craig Fuller at marketwaves18. photo credit: FreightWaves/josh roden FreightWaves closes $20 million Series B funding round FreightWaves, the leading provider of data and news for global freight markets, announced that it has successfully raised $20 million in a Series B financing round, bringing its total funding to nearly $40 million. The …

FreightWaves secures $20 million in Series B funding from corporate and strategic investors – FreightWaves Staff Read More »

Roadie Gains $37 Million to Expand Crowdsource Delivery Business – WSJ – By Erica E. Phillips

By / 2020-09-13

By Erica E. Phillips Crowdsourced delivery company Roadie Inc. has raised $37 million in new funding that includes investment from Home Depot Inc., boosting dollars available for marketing efforts with big retailers and for building out its technology. The Atlanta-based startup has been providing same-day delivery services through its “on-the-way” model, which uses an app …

Roadie Gains $37 Million to Expand Crowdsource Delivery Business – WSJ – By Erica E. Phillips Read More »

SoftBank’s Vision Fund Leads $1 Billion Funding Round for Shipping Broker Flexport – WSJ – By Erica E. Phillips

By / 2020-09-13

ByErica E. Phillips SoftBank Group Corp.’s Vision Fund is diving into the global freight business, leading a new $1 billion round of funding in Flexport Inc., a six-year-old international shipping broker built by Silicon Valley technology developers. Based in San Francisco, Flexport arranges ocean- and airfreight shipments for retailers and manufacturers—a $2 trillion global business …

SoftBank’s Vision Fund Leads $1 Billion Funding Round for Shipping Broker Flexport – WSJ – By Erica E. Phillips Read More »

Load-matching app downloads and stickiness leaderboard released by CarrierLists – FreightWaves – John Paul Hampstead, Associate Editor

By / 2020-09-13

CarrierLists, a firm that surveys small trucking carriers about their equipment, location and preferred lanes, has published the results of its digital freight brokerage/load-matching app study. In a survey conducted during January 2019, 113 small carriers (three trucks or fewer) answered questions about which load-matching apps they had downloaded and which ones they used on …

Load-matching app downloads and stickiness leaderboard released by CarrierLists – FreightWaves – John Paul Hampstead, Associate Editor Read More »

Truckstop.com adds freight remediation service with new partnership – CCJ – CCJ Staff

By / 2020-09-13

Truckstop.com’s freight matching and load board has a new partnership with WeFixFreight.Com, a freight remediation service provider for shippers, 3PLs, brokers, and carriers in the United States. Truckstop.com customers will have access to a nation-wide emergency services network to handle freight issues that include tipped or shifted loads, re-delivery and cross-docking, mold and moisture, product …

Truckstop.com adds freight remediation service with new partnership – CCJ – CCJ Staff Read More »

Truckload contract rate gains to level off, spot rates to soften in 2019, new C.H. Robinson CEO says – FreightWaves – Mark Solomon

By / 2020-09-13

The new CEO of broker and third-party logistics (3PL) provider C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) said his company expects to absorb low to mid single-digit increases in contract rates this year, while spot market rates will stay soft. In an interview Friday with FreightWaves, Robert Biesterfeld, who last week was tapped by the Eden Prairie, …

Truckload contract rate gains to level off, spot rates to soften in 2019, new C.H. Robinson CEO says – FreightWaves – Mark Solomon Read More »

Working through the roadblocks of digital freight matching Aaron Huff| CCJ – @AaronHuffCCJ

By / 2020-09-13

In the not-so-distant future, matching loads with trucks might be as easy as catching a ride across town using the Uber app. In fact, Uber Freight is among a number of technology companies trying to digitize the process. In the meantime, the road leading to supply chain automation is under construction. Signs of the road …

Working through the roadblocks of digital freight matching Aaron Huff| CCJ – @AaronHuffCCJ Read More »

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