Digital Freight’s Bumpy Road As Virus Spreads, Macro Slows

Tech-enabled disruptors promise to upend the way things have always been done to help streamline industries that are paper-reliant, process-reliant and perhaps ripe for a shake-up. For some newer firms that have gone from concept to multiple funding rounds at what might seem breakneck speed, the question becomes whether the disruptors themselves can avoid being […]

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Emerge scores $20M to expand digital freight marketplace

Image: Jim Allen/FreightWaves Emerge​, a Scottsdale, Arizona-based digital freight marketplace, announced Tuesday it has closed a $20 million Series A financing led by NewRoad Capital Partners, a growth equity capital firm based in Rogers, Arkansas. The round also includes Greycroft and 9Yards Capital, among other investors. With the latest round of funding, the company plans

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Samsara integrates with McLeod’s LoadMaster platform to streamline fleet dispatching

Industrial internet of things provider Samsara announced on Monday that it will scale up its association with McLeod Software by enhancing workflow integration of its suite of solutions with McLeod’s LoadMaster platform. LoadMaster is an accounting software tool that helps trucking fleets manage dispatch operations. By integrating with LoadMaster, Samsara hopes to optimize the experience

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Ben Gordon: Supply chain execs optimistic about growth, ready for M&A

 (XPO CEO Brad Jacobs answers questions at BGSA. Photo: BGSA) The majority of transportation and logistics executives expect their businesses to grow by more than 10% in 2020 and say they are “very likely” to consider a merger, acquisition, investment or other transaction in 2020, according to survey data gathered at BGSA’s annual conference. Last week

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Parade helps Jones Logistics move to digital brokerage operation

Jones Logistics moves over 150,000 open-deck loads a year, but the specialized nature of the work made it labor-intensive. Even with modern technologies that allowed for simple digital booking capabilities, Jones found each load still required the involvement of a sales representative. The issue was its transportation management system (TMS). It’s not that the system

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Third Party Logistics Market Is Booming Rapidly by 2025

(MENAFN – Ameliorate Solutions) Global Third Party Logistics Market Insights, Forecast to 2025 A qymarketresearchstore released report with title ‘Global Third Party Logistics Market’ is designed covering micro level of analysis by manufacturers and key business segments. The Global Third Party Logistics Market offers energetic visions to conclude and study market size, market hopes, and competitive

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The Future of Freight Is Congested. Digital Brokers Could Help Unclog It.

Blown tires, highway pileups and delays: There’s quite a bit that can go wrong with domestic freight shipments between points A and B. Research shows that 5% of all freight loads have a hiccup while in transit, leaving shipments stranded and businesses scrambling to meet delivery timelines. And those problems are poised to become even

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CH Robinson launches supply chain innovation lab

Dive Brief: C.H. Robinson launched C.H. Robinson Labs, an in-house supply chain innovation incubator, on Wednesday according to a press release. The lab will leverage the company’s September 2019 commitment to invest $1 billion in technological innovation projects over the next five years. The initiative is tasked with developing targeted digital connectivity and data analytics tools for shippers

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Edge Logistics launches digital freight-matching platform Capacity

This week Chicago-based Edge Logistics launched its digital freight-matching platform Capacity, a web portal that makes the brokerage’s private load board transparent to carriers and allows them to bid on and book loads. Capacity is unusual because Edge is a fairly small freight brokerage with $49 million in gross revenue in 2019. The majority of

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Here's why Uber could break out in 2020, according to RBC Capital's Mahaney

By Kevin Stankiewicz KEY POINTS Uber is set up for a big 2020, argued RBC Capital Markets analyst Mark Mahaney. Mahaney compared Uber’s positioning to where Facebook was last year when it rose 55%. “I think this stock could materially outperform,” Mahaney said. Uber’s first year as a public company had some setbacks, but brighter

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