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Emerge scores $20M to expand digital freight marketplace

Image: Jim Allen/FreightWaves Emerge​, a Scottsdale, Arizona-based digital freight marketplace, announced Tuesday it has closed a $20 million Series A financing led by NewRoad Capital Partners, a growth equity capital firm based in Rogers, Arkansas. The round also includes Greycroft and 9Yards Capital, among other investors. With the latest round of funding, the company plans […]

digital freight marketplaces are not a new phenomenon – The Loadstar – Cathy Morrow Robinson

© Snowingg | Dreamstime.com By Cathy Morrow Roberson  25/10/2019 Managing orders and assets in a transparent, real-time and predictive manner are the basics of a number of digital freight marketplaces that have emerged in the past few years. Locating capacity, either accepting a set rate or bidding on a rate, tracking the freight in real time […]

Traditional freight brokers investing millions to stay on top – FreightWaves – Ben Thrower, Contributor 09/23/2019

 New technologies are changing the way the freight brokerage industry performs day-to-day operations. (Image: Jim Allen/FreightWaves) New technologies are changing the way the freight brokerage industry performs day-to-day operations. For the past several years it has been the consensus in the industry that the freight brokerage market is headed in the direction of doing everything […]

Tom McLeod: we’re building digital freight brokerage technology – John Paul Hampstead, Associate Editor

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 […]

How much are digital freight brokerages really worth? (Video in source link) – FreightWaves – John Paul Hampstead, Associate Editor

If everything goes right, the market cap of all digital brokerages in the United States could total $30 billion in 10 years. The total addressable market for digital freight brokerage is a mere fraction of the size quoted in pitch decks and investment bank research reports, but there’s still plenty of upside for a few […]

The Rise of Digital Freight Matching and How It Works – By Rafael Granato – Supply Chain 247

U.S. Trucking Companies Many people don’t realize it, but the majority of U.S. trucking companies are not large organizations like Knight-Swift, J.B. Hunt, and Schneider. In fact, about 97% of carriers in the U.S. operate 20 or fewer trucks (while 90% of those operate with six or fewer trucks). The national economy depends on trucks to deliver […]

2019 Truckload Brokerage Roundtable: Market calms, but strength persists – by Jeff Berman, Logistics Management – Group News Editor

A year ago at this time, it was widely stated that trucking market conditions were booming due to heightened demand, tight capacity and a strong economy. Today, while it may not be operating at the same elevated levels, the market remains strong overall, even though rates have taken a step back, capacity has loosened and […]

Witnesses: Digitization would aid infrastructure – FreightWaves – Jon Shumake

A Senate subcommittee is told technology should be incorporated into surface transportation reauthorization.    New and emerging digital technologies that improve supply chain efficiency should be incorporated into the next surface transportation reauthorization bill, witnesses told the Senate Transportation and Safety Subcommittee on Wednesday.     “Just as federal, state and local governments could improve infrastructure, […]

Kuebix partners with Emerge freight marketplaces to increase its truckload capacity offering – FreightWaves – Vishnu Rajamanickam, Staff Writer

Photo: Shutterstock Kuebix, a transportation management company, has partnered with Emerge, a private freight marketplace provider, to announce the addition of the Emerge marketplace to its Community Load Match platform. Shippers on the Kuebix platform will now have access to higher truckload capacity; courtesy of Emerge’s burgeoning digital marketplace. Since its inception, Kuebix has stood […]

Kuebix Extends Load Matching Service With Emerge Private Freight Marketplace – Supply Chain 247 – By Jeff Berman

Kuebix Emerge Partnership Earlier this week, Scottsdale, Arizona-based Emerge, a provider of its proprietary Private Freight Marketplace (PFM) and TMS focused on accelerating productivity and increasing visibility for supply chain stakeholders, and Maynard, Mass.-based TMS provider Kuebix announced a partnership. The key elements of this partnership include the addition of the Emerge marketplace to the Kuebix […]

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