Transport giant J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) said today it has joined with technology provider project44 on a venture allowing Hunt’s customers using its “J.B. Hunt 360” digital marketplace to connect with their truckload and less-than-truckload carrier partners on one interface, a move Hunt said will end the process of needing to build data […]
At MarketWaves18, FreightWaves announced the Freight.Tech 25, the industry’s list of the most innovative and disruptive companies in transportation and logistics: Uber Freight took the sixth position. In business media, especially when it comes to technology startups, writers like to throw around the adjective ‘disruptive’, and in most circumstances the descriptor is inappropriate. Most companies—even
Freight.Tech 25: automation and customization drive Uber Freight to #6 Read More »
The impact on technology created by J.B. Hunt (NASDAQ: JBHT)–#5 in the FreightWaves Freight.Tech 25–was summed up perfectly by Goldman Sachs earlier this year in a report on digital disruption and “Commoditizing Logistics,” the title of its report. J.B. Hunt 360, the report said, is “quite possibly the most successful digital freight matching app on
Freelancer, a jobs and crowdsourcing marketplace, has acquired Channel 40, an enterprise marketplace that connects freight owners with transport operators. Coincident with the acquisition, Freelancer has launched Freightlancer.com, a global marketplace for freight, shipping and transportation, according to a Nov. 19 press release. Channel 40 primarily services the construction, mining, tunneling, rail and oil, and
Freelancer Acquires Channel 40, Launches New Freight Marketplace – Transport Topics Read More »
Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25. Dan Lewis, co-founder and CEO, worked at Microsoft and Google before serving as the GM of New Shopping Experiences at Amazon. Grant Goodale,
Entrepreneurial Brothers Founded GlobalTranz Enterprises, 10-4 Systems Andrew (left) and Michael Leto are launching a new software platform called Emerge. (Emerge) Serial entrepreneurs Andrew and Michael Leto, who started GlobalTranz Enterprises and 10-4 Systems, both of which were sold earlier this year, are launching a new enterprise. It is a software platform called Emerge that
Turvo, a collaborative logistics platform, announced Nov. 8 it had raised $60 million in Series B funding. The round was led by Mubadala Ventures and accompanied by G2VP and Next 47. San Francisco-based Turvo has sought to develop an Internet of Things software platform that creates the “Internet of Shipping,” connecting people, businesses, applications and
Turvo Raises $60 Million in Series B Funding – Transport Topics Read More »
Round two of Demo Day saw some strong tech contenders. Cutting-edge freight tech startups and innovators give an intimate live product demo on the latest technologies changing the industry. The second round of ten live technologies demonstrations at MarketWaves18 included collaborative, blockchain-based logistics platforms, software that integrated directly into devices onboard a truck, and AI
MarketWaves18 Demo Day Round 2 – FreightWaves Read More »
This is our final installment of a four-part series of previews that describe applications that will be shown Monday, November 12 at Demo Day, part of MarketWaves18. You can see the other installments of this series here and here and here. Opus9 Opus9 is a digital 3PL startup for U.S. shippers that provides automated
Getting ready for Demo Day, part 4: wrapping up what companies are going to show Read More »
Shipping logistics startup FourKites is moving its office to the West Loop Gate neighborhood of Chicago, having outgrown its space in the Loop. The growing software company operates in an industry that is drawing increasing investment as e-commerce giant Amazon.com redefines consumers’ expectations regarding shipping and deliveries. After raising $35 million earlier this year, Chicago-based
Growing Logistics Startup FourKites Moving to Larger Office – Transport Topics Read More »
