Drayage is one of the most opaque, inefficient segments in the American trucking industry, dominated by small, undercapitalized carriers using yesterday’s technology. What is drayage? It typically refers to the transport of freight a short distance between ports and warehouses as part of an intermodal network. The lack of visibility into this market contributes to […]
Industry Articles
Though technology has made definitive inroads over the years in the trucking industry, little has changed within the ERP software vertical, as even the largest carriers run their operations through green screen technology from the 1980s. McLeod Software is at the brink of technology disruption, helping carriers, brokers, and 3PLs to move from the archaic
Digital freight brokers Convoy and Uber Freight have separately launched new tools intended to make pricing options for hauling loads more transparent for shippers. Convoy Shipper Platform 2.0 includes Market Outlook, which shows shippers current and future trends by region. Also, it adds a feature called Lane Network, which gives shippers real-time data about changes
Last week both Uber Freight and Convoy released new data-driven products meant to help shippers understand trends in freight markets. The competition between the two large digital brokerages appears to be heating up and is driving a new wave of technological innovation, creating more transparency and smoothing out information asymmetries. On Thursday, Uber Freight released
J.B. Hunt Transport Services, one of the largest supply chain solutions providers in North America, plans to integrate a visibility platform from project 44 (p44) into J.B. Hunt 360 to provide its customers with real-time access to shipment information regardless of carrier, eliminating the need for multiple carrier data integrations. J.B. Hunt 360 provides businesses
Transport giant J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) said today it has joined with technology provider project44 on a venture allowing Hunt’s customers using its “J.B. Hunt 360” digital marketplace to connect with their truckload and less-than-truckload carrier partners on one interface, a move Hunt said will end the process of needing to build data
At MarketWaves18, FreightWaves announced the Freight.Tech 25, the industry’s list of the most innovative and disruptive companies in transportation and logistics: Uber Freight took the sixth position. In business media, especially when it comes to technology startups, writers like to throw around the adjective ‘disruptive’, and in most circumstances the descriptor is inappropriate. Most companies—even
The impact on technology created by J.B. Hunt (NASDAQ: JBHT)–#5 in the FreightWaves Freight.Tech 25–was summed up perfectly by Goldman Sachs earlier this year in a report on digital disruption and “Commoditizing Logistics,” the title of its report. J.B. Hunt 360, the report said, is “quite possibly the most successful digital freight matching app on
Freelancer, a jobs and crowdsourcing marketplace, has acquired Channel 40, an enterprise marketplace that connects freight owners with transport operators. Coincident with the acquisition, Freelancer has launched Freightlancer.com, a global marketplace for freight, shipping and transportation, according to a Nov. 19 press release. Channel 40 primarily services the construction, mining, tunneling, rail and oil, and
Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25. Dan Lewis, co-founder and CEO, worked at Microsoft and Google before serving as the GM of New Shopping Experiences at Amazon. Grant Goodale,