On Monday morning, August 26, Tom McLeod, president of McLeod Software, opened the company’s 2019 User Conference at the Gaylord Rockies in Aurora, Colorado, with prepared remarks. While McLeod’s talk was ostensibly an overview of the company’s current projects and new offerings, the subtext was that McLeod Software has technology for freight brokerage every bit […]
Descartes Systems Group has bought another logistics and transportation company. The Waterloo, Ontario-based logistics and technology company announced it acquired BestTransport.com Inc., a cloud-based transportation management system provider focused on flatbed-intensive manufacturers and distributors. Descartes acquired Columbus, Ohio-based BestTransport.com for $11.2 million using its existing line of credit, the company said in an Aug. 21
Descartes Acquires BestTransport.com Read More »
Descartes Systems Group has bought another logistics and transportation company. The Waterloo, Ontario-based logistics and technology company announced it acquired BestTransport.com Inc., a cloud-based transportation management system provider focused on flatbed-intensive manufacturers and distributors. Descartes acquired Columbus, Ohio-based BestTransport.com for $11.2 million using its existing line of credit, the company said in an Aug. 21
Descartes Acquires BestTransport.com – Jim Stinson | Transport Topics – Staff Reporter Read More »
Rapid e-commerce growth has ushered in new final mile methods and technologies, like Udelv’s autonomous delivery. (Seth Clevenger/Transport Topics) [Stay on top of transportation news: Get TTNews in your inbox.] The inexorable growth of e-commerce and rising consumer expectations are quickly elevating the cost and complexity of final-mile delivery. To remain competitive in this time
Transfix, a digital freight marketplace, has expanded its product suite with the Transfix Factoring Program powered by BAMFi. The program is designed to unlock money for carriers upfront at a rate of 0.99% for loads completed with Transfix, along with access to an online cash flow management tool. To celebrate the launch, Transfix is offering
Transfix offers load factoring at 0.99% rate Aaron Huff| CCJ – @AaronHuffCCJ Read More »
Freight Brokers Within the transportation marketplace, brokers provide a myriad of services. Brokers fill the gaps between shippers, owner-operators, and draymen. Brokers also assist shippers and trucking companies with resource and technology-constraints. In addition, brokers help cover capacity shortfalls and often provide ancillary services like transportation management outsourcing. Like everyone else, brokers want to make
Freight Brokers vs. Shippers’ Agents Read More »
Nigerian digital freight marketplace startup Kobo360 raised $20 million in a Series A funding round led by Goldman Sachs while pocketing another $10 million in working capital financing from Nigerian commercial banks. Kobo360 is one of the most recognized FreightTech players in Africa, revolutionizing a cacophonic market riddled with several inconsistencies. Kobo360 began its journey
Transfix chief operating officer Lily Shen has added president to her title. The digital freight marketplace announced Shen’s promotion on August 14. Prior to joining New York City-based Transfix about two years ago, Shen spent nearly 20 years in Silicon Valley. She was the executive director of mobility and advanced technology for IDEO for a
Transfix promotes Lily Shen to president – FreightWaves – Kim Link-Wills Read More »
In June, Starsky Robotics performed the first fully unmanned test on a public highway with real traffic. (Starsky Robotics/YouTube) [Stay on top of transportation news: Get TTNews in your inbox.] Loadsmart and Starsky Robotics said the companies have automatically dispatched an autonomous truck to haul freight. The truck was successfully priced, tendered and booked via
Loadsmart, Starsky Robotics Dispatch Autonomous Truck Automatically – Transport Topics Read More »
Uber Technologies Inc. (NYSE: UBER) second quarter 2019 report probably won’t receive the accolades garnered by its ride-hailing competitor, Lyft (NYSE: LYFT). Uber’s second quarter as a public company saw a loss of $5.2 billion (closer to $1 billion excluding stock-based compensation and one-time driver awards), or $4.72 per share, which was much worse than
Updated: Revenue and losses climb at Uber Freight – FreightWaves – Todd Maiden Read More »
