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Digital Freight: The Race to Automate Truck Brokerage

Written by Benjamin Gordon In the race to digitize the truck brokerage market, will the winner be an incumbent or a challenger? The upside is enormous. Trucking is a $734 billion market. Truckload and less-than-truckload revenue constitute close to $400 billion. If 20% of that market is outsourced, then truck brokerage spending totals $80 billion. […]

Freight-Matching Startup Loadsmart Adds $19 Million from Maersk, Ports America – WSJ – By Jennifer Smith

Container shipping giant A.P. Moeller-Maersk A/S and Ports America, the largest terminal operator in the U.S., are investing in a digital freight-booking service aimed at speeding the flow of cargo through maritime gateways. Maersk’s venture-capital arm led a $19 million funding round for Loadsmart Inc. to support a new service for the port trucking market, […]

Loadsmart, Starsky Robotics Dispatch Autonomous Truck Automatically – Transport Topics

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 […]

Behind the scenes with the Convoy gang – FreightWaves – Linda Baker, Staff Writer

Convoy CEO Dan Lewis is giving a tour of the company’s headquarters in downtown Seattle. He points out the stocked kitchens (plural), the 55-person data science team, the P&G Carrier of the Year award and the Ping Pong station, then stops in front of a bulletin board featuring the “Pets of Convoy.” There he pulls […]

Transportation Best Practices/Trends: Make me a match – Logistics Management – By Bridget McCrea, Editor

Companies like Lyft, Airbnb, and Kickstarter use technology platforms to connect customers with service providers. And that same concept has made its way to the trucking markets, where companies like Convoy, Transfix, Uber Freight and Loadsmart are using algorithms to pair carriers with shippers who need their loads delivered. This is no passing fad either. […]

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

( 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 […]

Tight truck capacity shining spotlight on freight matchmakers – American Shipper – American Shipper Staff

The trucking industry is at an exciting but confusing point when it comes to digital load-matching technology and shippers will be brought along for the ride.    A few years ago, the domestic truckload market was seen as a logical place for the sharing economy to take hold.   The theory went something like this: The […]

Freight brokers using new connectivity tools with shippers, carriers – CCJ – Aaron Huff| @AaronHuffCCJ

Technology is fueling a growth in non-asset transportation and logistics. Companies are finding ways to solve more complex problems for shippers and increasing the efficiency and speed of freight transactions with carriers. AFN Logistics specializes in transporting retail goods to fulfill supply chains, many of which are now connected to e-commerce and final-mile deliveries. In […]

Daimler is launching a digital platform to connect carriers with its spot loads – FreightWaves – Vishnu Rajamanickam, Staff Writer

The rise of logistics startups in the freight industry over this decade has been nothing short of game-changing – both in increasing operational efficiency and also in easing the way business is done. Industry front-runners comprising the who’s who in the logistics space are jumping on the technology bandwagon as they see vast dividends in […]

Daimler Trucks to use load matching app for contract carriers – CCJ – Aaron Huff| @AaronHuffCCJ

Daimler Trucks North America (DTNA) is launching a new digital platform for its contracted freight carriers in the United States to match them with the company’s spot loads using a customized version of an app developed by Loadsmart. “To manufacture trucks, we need carriers to deliver components and parts to our plants,” said Lori Heino-Royer, […]