Throughout 2018, the ratio of loads to trucks in the DAT network of load boards has set new records. For the week ending May 12, the ratio was highest in the flatbed market with 102 loads posted for every truck, on average. Reefer was 8.5 and van was 6.4 loads per truck. Carriers have a […]
Industry Articles
Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market. Executives at C.H. Robinson Worldwide Inc., CHRW 0.77% the biggest broker of freight services in the U.S., said their large-scale shipper customers are looking for
Digital networks between trusted partners will make freight procurement automatic and proactive, according to Noam Frankel, who launched a pioneering freight brokerage American Backhaulers and now is CEO of FreightFriend. “Finding trucks is still too labor intensive,” Frankel tells FreightWaves. “The stage is set for digital freight capacity exchanges.” Throughout his logistics career, Frankel developed
Convoy is adding a bid function to its app-based load-matching service the company announced Monday, allowing hauler partners to submit bids on loads directly through the app with one tap – and confirm an agreed-upon rate – without having to haggle over the phone. Through the platform’s Instant Bidding process, Chief Product Officer Ziad Ismail says
Road freight incumbents may not like it, but disruption from digital challengers is on their doorstep. Having transformed consumer-oriented industries such as retail, entertainment, and travel, digital startups are beginning to make inroads in commercial-oriented industries. Road freight, which is highly fragmented and dominated by manual processes, is seen by digital challengers as overdue for
Tech developers such as Uber Freight are leveraging drivers’ mobile devices to make technology more available and more affordable for small carriers. (Uber Technologies Inc.) The use of technology is no longer a novelty but a necessity in the trucking business — for carriers of all sizes. While the biggest fleets have been using onboard
Truckstop.com’s Perry (left) and Hutto debut the load board operator’s spot-market rate forecasting service, which the company launched last fall. (Seth Clevenger/Transport Topics) Load boards have changed a lot from their humble beginnings about 40 years ago. Long gone are written notes tacked up on truck stop bulletin boards to help drivers find freight, or
(Photo: Shutterstock) XPO Logistics, a $15 billion logistics company, announced they are releasing a new digital platform that shippers can use to manage their shipments. It will allow the shipper to track, trace, request quote, and manage the amount of spend they have with the logistics provider. Having access to the resources to develop tools
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
Panelists (from left) Jason Kerner of Project 44, Robert Nathan of LoadDelivered, Tom Heine of Aljex Software, Noam Frankel of FreightFriend, Scott Moscrip of Truckstop.com and moderator Ramona Hood of FedEx Supply Chain. (Daniel P. Bearth/TT) PALM DESERT, Calif. — Automation isn’t just for trucks. There was plenty of evidence at the Transportation Intermediaries Association