Mexican startup helps fleets digitalize operations and keep freight secure

The idea of digital freight brokerage has been around for quite a while now, with multiple startups and industry incumbents hard at work digitalizing transactions within the trucking market. However, the road freight industry is highly localized and throws up glaringly different challenges across contrasting demographics, leading companies to zero in on market-specific issues to […]

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Uber pulls forward profit guidance, growth in Uber Freight stagnates sequentially (video in source)

Adjusted EBITDA profitability expected in fourth quarter of 2020 Uber Technologies, Inc. (NYSE: UBER) reported a net adjusted loss of 64 cents per share, 4 cents better than the consensus estimate. Consolidated adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was a loss of $615 million, a more than $200 million improvement year-over-year. Uber

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Digital Freight Brokerage

One Network Enterprises has introduced its Global Logistics Gateway (GLG) 3.2 with its integrated digital freight brokerage network, Market Maker, and real time tracking through its Telematics Network. One Network Enterprises has introduced its Global Logistics Gateway (GLG) 3.2 with its integrated digital freight brokerage network, Market Maker, and real time tracking through its Telematics

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Online Freight Platform Market Scenario and Growth Analysis 2020-2026

Feb 06, 2020 (Market Insight Reports via COMTEX) — The report titled “Online Freight Platform Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques

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Salesforce and Samsung invest in blockchain firm Digital Asset

Microsoft veteran Susan Hauser has also joined the board of the company building Australia’s new stock exchange post-trade solution using blockchain technology. Digital Asset has revealed that Salesforce Ventures and Samsung Venture Investment Corp participated in its latest financing round, with the Series C raise exceeding $35 million. Digital Asset is focusing on its smart

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Baltic Exchange and Freightos Group Unleash Shipping Market Visibility With First Daily Container Freight Index

For the first time ever, daily spot ocean freight rate indices for 40-foot containers (FEUs) are now available via the Baltic Exchange and the Freightos Group, adding real-time, transparent price discovery and risk mitigation into the container freight market that powers global trade. The Freightos Baltic Index (FBX) has been produced weekly since April 2018

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Seattle-based FreightWeb makes market entrance, with a sharp focus on partial truckload transport

FreightWeb is financially backed by Madrona Venture Group and 8VC, with the latter having also backed Flexport, Flexe and other logistics technology-focused companies. The company is led by Will Payson, whom serves as co-founder and CEO, and its team has a combined 50 years of logistics experience in previous leadership roles at FedEx and Amazon,

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New connectivity tools enter the market for freight, equipment transactions

Greater connectivity between brokers, carriers, and other parties in freight and equipment-related transactions was the theme for technology news the past week. Teletrac Navman has a new integration with fleet management software company, Fleetio, for their mutual customers to automatically sync odometer readings. Fleets using Teletrac Navman for telematics data and Fleetio for preventative maintenance

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