Electronic logs and fleet telematics provider KeepTruckin is planning its next moves following an additional $18 million in Series B funding, led by Scale Venture Partners and existing investors GV (formerly Google Ventures) and Index Ventures. KeepTruckin began in 2013 with a free app for drivers to track hours-of-service logs on Android and iPhone devices. […]
“Uber for trucking,” long considered a freight-matching unicorn, has come to a kind of fruition, with the ride-sharing giant today unveiling Uber Freight, a matching app aimed at the owner-operator market with a focus on dry van and reefer loads. The unveiling comes as one of the company’s other futuristic initiatives, its autonomous vehicle development
While it has been anticipated for a while, ubiquitous ride-sharing service Uber said this week it has officially entered the freight transportation arena, specifically truckload brokerage, with the introduction of Uber Freight. In a blog posting, Eric Berdinis, Uber Freight product manager, wrote that Uber Freight is an app that matches trucking companies with loads
Ride-sharing giant Uber has slowly been working its way into trucking for more than a year. Last June, the company acquired autonomous trucking up-start Otto, whichwas expected to help give rise to Uber’s long-haul trucking business Uber Freight. Uber CEO Travis Kalanick told Business Insider in an interview last year that the company was absolutely “getting
J.B. Hunt Transport Services Inc. announced it will spend $500 million over the next five years to enhance its operating systems, develop cloud infrastructure and create what it said would be “innovative and disruptive technologies” for use in its supply chain. To achieve that, J.B. Hunt has doubled its engineering and technology staff to 1,000.
Today’s freight logistics industry is beginning to undergo a major transformation—acceleration and really a reinvention, thanks to new digital technologies designed to drive efficiencies. Foresighted shippers and truck drivers are adopting these solutions to gain a competitive edge now and in the years ahead. Are you being left behind? Several dynamics are driving the change.
Blockchain is not well understood yet, but think of it in terms of the cost of verification and networking The first thing that Christian Catalini wants you to know about blockchain is that “most of what you have heard about blockchain is wrong.” Speaking at the MIT Center for Transportation & Logistics’ annual Crossroads event
FR8 Revolution, an Oakland-based company that develops free, cloud-based tools for freight transportation, announced the launch of the FR8Star Heavy Haul Marketplace at www.fr8star.com. FR8Star’s marketplace includes a rate calculator for pricing oversize/overweight loads, including up-to-date state permit fees and escort costs. The company’s rate calculator provides oversize/overweight shippers with reliable pricing estimates, optimal shipping
LOUISVILLE, Ky. — Technology startup HaulHound has added a free digital freight-matching feature to its online platform and mobile app for truck drivers. The new service, available at no cost, is designed to help carriers reduce deadhead by finding appropriate loads and avoiding lost time from waiting for shipper responses. Drivers enter their specifications and immediately receive
uShip, an online shipping marketplace and freight automation software provider, announced the close of a $25 million Series D round of funding led by DB Schenker, one of the world’s largest logistics companies and an existing uShip partner. DB Schenker’s funding comes on the heels of unprecedented investment in logistics and supply chain technology. Since 2015,