Several new players entered the freight-matching and truck-routing app market last month at the Great American Trucking Show, held Aug. 25-27 in Dallas, Texas. The apps perform similar to Uber’s ride-sharing idea: Shippers post loads, carriers post trucks and the system automatically matches shippers loads’ to carriers’ available capacity. Two apps introduced last week — […]
Article written by Steve Banker There have been several articles published on the trucking industry that describe the money flowing into startup firms that are looking to disrupt the freight industry the way that Uber disrupted the taxi industry. Here’s some excerpts from a Wall Street Journal article: “Investors are pouring millions of dollars into
Trucker Path, creator of a popular planning app for American truck drivers, announced that its transportation marketplace app, Truckloads, has reached 100,000 downloads. The app was publicly released in April 2016. With Truckloads, freight companies can access available trucking capacity across North America and Canada. Likewise, motor carriers can find and book loads efficiently using a process that includes free access
Truckload Brokerage Operations In recent years, the proliferation of truckload brokerage operations has not been easy to overlook. Its ongoing ascent has been driven by several different factors, including the shipper’s need to manage capacity in a fluctuating market environment, the advent of truckload brokerage-specific technology advances, commonly referred to as the “Uberization” of the
With the ostensible proliferation of new players on the trucking scene that say they are essentially an Uber for trucking, it turns out that this description may in fact be a misnomer, according to a recent report issued by supply chain consultancy Armstrong & Associates. In its report, which is comprised of feedback from 27
While Digital Freight Matching (DFM) companies use digital platforms to match a shipper’s freight with available carrier capacity to better utilize motor carrier capacity, the industry is too complex to become an Uber type of business. One of the key components of Uber’s model is the commodity-like nature of the ride-hailing service, explains Armstrong &
Transfix announced $22 million in Series B funding led by new investor New Enterprise Associates (NEA). NY-based Transfix has created an online marketplace for the trucking and logistics industry, providing a platform that matches shipments with available trucks. Several existing investors also participated in the round, including Canvas Ventures, Lerer Hippeau Ventures, and Corigin Ventures.
During the last year or two, a number of companies have developed online platforms that connect all parties involved in freight transactions. Most of these include a mobile app that drivers use to streamline communications with motor carriers, brokers, 3pls and shippers. Drivers with capacity, be they independent operators or small fleet owners, are using these apps to
German logistics provider DB Schenker entered into a partnership with the online freight shipping marketplace uShip for exclusive collaboration in Europe. DB Schenker has entered a five-year partnership with U.S.-based online freight shipping marketplace uShip for exclusive collaboration in Europe. “To keep innovating faster, we partner with companies that use promising digital business models,”
uShip announced a partnership with DB Schenker, one of the world’s largest logistics companies, to power its new ‘Drive4Schenker’ online trucking platform. The platform will be launching later this year as a 5-year agreement worth tens of millions, and is exclusive within Europe. The partnership uses uShip PRO enterprise technology backbone to manage 25,000 approved carriers and