European digital freight marketplace sennder raises Series B financing – FreightWaves – Vishnu Rajamanickam, Staff Writer

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Photo: Shutterstock Berlin-based logistics start-up sennder has raised an undisclosed amount in its Series B financing, which saw the participation of U.S. venture capital firm Accel and previous investors Holtzbrinck, Project A and Swedish auto major Scania. sennder is one of the largest digital freight marketplaces in Europe, connecting large-scale shippers with carriers. In many […]

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ICONIQ Capital takes majority investment in Truckstop.com – CCJ – CCJ Staff

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Truckstop.com, a leading freight marketplace and online load board, has received a majority investment from ICONIQ Capital. As part of the transaction, ICONIQ Capital has become Truckstop.com’s majority shareholder. Truckstop.com founder Scott Moscrip and the existing management team will maintain a significant ownership in the company. Founded in 1995, Truckstop.com built the internet’s first digital

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McLeod Software develops TopMatch feature for brokers – CCJ – Aaron Huff| @AaronHuffCCJ

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McLeod Software announced a new TopMatch technology that combines multiple carrier search criteria into one comprehensive search to find the best match for every load. The technology is an important element of the company’s Digital Freight Matching strategy for brokers. A common practice to cover loads is to look at specific characteristics, such as carriers

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McLeod Software launches carrier-matching tool for brokers – FreightWaves – Clarissa Hawes

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Photo: McLeod Software Birmingham, Alabama-based McLeod Software has launched its new TopMatch technology, aimed at digitally pairing brokers and logistics providers with the best carriers to haul their freight. Customers who utilize McLeod’s TopMatch software will compete against freight-matching upstarts such as Uber Freight and Convoy, two companies that continue to grab market share from

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Keeping the freight and trucks rolling on US roads – there’s an app for that – The LoadStar – Cathy Morrow Robinson

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© Grapestock By Cathy Morrow Roberson  04/09/2019 The number of employees in truck transportation increased 2% from June to July, and is up more than 2% year on year, according to the US Bureau of Labor Statistics. And as the number of employees grows, so do volumes.   The American Trucking Association recently published its revised forecast for the industry, anticipating

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Uber Freight, Convoy rise as traditional load boards lose market share – FreightWaves – John Paul Hampstead, Associate Editor

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( Photo: Uber Freight ) Upstarts Uber Freight and Convoy continued to gain market share among freight-matching rivals, as more traditional load boards saw their market share ebb in the face of more heavily digitized competition, according to a report from investment bank UBS. The study by UBS Group AG (NYSE: UBS) is the bank’s

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How Consolidation and Freight Networks Are Disrupting the Logistics Landscape – Transport Topics

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Employees at C.H. Robinson. (Photo courtesy of Steven A. Smith) When financier Brad Jacobs launched his bid to consolidate the logistics industry in 2011, he set into motion a process that continues to reshape the industry today. But now there are other business strategies in play with the potential to disrupt the business and spur

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FreightWaves featured in the Breakout List of high potential and growth startups – FreightWaves – Linda Baker, Staff Writer

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The Breakout List of high potential and high growth start-ups for 2019 has been published, and FreightWaves is on the list, finding itself in the company of several renowned companies including Flexport, Clearbit, Bolt, Airtable, Reserve, comma.ai and DeepMind. To perceive the list’s relevance, it is essential to understand the essence of ‘breakout trajectory,’ and

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ELD supplier and freight-matcher Konexial releases My20 Tower fleet management system – CCJ – CCJ Staff

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Konexial last month announced the release of the My20 Tower system, a fleet management system based on the company’s My20 electronic logging device. The platform, in addition to providing a compliant ELD product, adds functionality around driver coaching and mobile document transfers, as well as access to Konexial’s freight-matching platform. It also allows the company

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Tech Investor Iconiq Buys Majority Share of Truckstop.com – Transport Topics – Jim Stinson | Staff Reporter

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Truckstop.com A private equity firm known for investing in tech companies such as Uber and SurveyMonkey has made a significant investment in Truckstop.com, an Idaho-based load board and freight-matching service, continuing the trend of private investment dollars flowing into trucking tech firms. Truckstop.com and Iconiq Capital, a tech-focused investment firm in Palo Alto, Calif., made

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