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Automated Freight Bidding Tools Pay Dividends for Shippers, Carriers and 3PLs – Supply Chain 247 – By SMC³

Striving For Procurement Optimization At the start of the New Year, it’s common for freight shippers striving for an optimized supply chain to review their carrier options to make sure they use the ideal mix of freight transportation providers. In 2019, this procurement business has lasted the entire year, as shippers and 3PLs look to […]

Uber Invests $200 Million to Expand Freight Trucking – Supply Chain 247 – By 24/7 Staff

Uber & Uber Freight Investment As reported by The Verge, Uber will invest $200 million and hire thousands of engineers to bolster its two-year-old long-haul trucking venture, Uber Freight, the company announced today. It’s a huge vote of confidence in Uber’s growing freight division, even as Uber’s overall business continues to hemorrhage billions of dollars every […]

Taking aim at Big Ag – FreightWaves – Linda Baker, Staff Writer

As Walmart (NSYE: WMT), Amazon (NASDAQ: AMZN) battle for dominance in the online grocery wars, a growing number of tech-enabled startups are taking a different approach, aiming to disrupt the conventional food supply chain by using logistics platforms to connect shoppers directly with local farmers and producers. Portland-based MilkRun, for example, seeks to make buying […]

Retailers, Private Fleets Expand Delivery Options to Keep Pace With E-Commerce Demand – Seth Clevenger | Transport Topics – Managing Editor, Features

Rapid e-commerce growth has ushered in new final mile methods and technologies, like Udelv’s autonomous delivery. (Seth Clevenger/Transport Topics) [Stay on top of transportation news: Get TTNews in your inbox.] The inexorable growth of e-commerce and rising consumer expectations are quickly elevating the cost and complexity of final-­mile delivery. To remain competitive in this time […]

Nigerian digital freight marketplace Kobo360 raises $20 million – FreightWaves – Vishnu Rajamanickam, Staff Writer

Nigerian digital freight marketplace startup Kobo360 raised $20 million in a Series A funding round led by Goldman Sachs while pocketing another $10 million in working capital financing from Nigerian commercial banks. Kobo360 is one of the most recognized FreightTech players in Africa, revolutionizing a cacophonic market riddled with several inconsistencies.  Kobo360 began its journey […]

Small and mid-tier fleets leverage technology to level playing field – FreightWaves – Vishnu Rajamanickam, Staff Writer

The excessive fragmentation within the trucking market has implications that run deep, with fleets of different sizes looking at issues related to trucking operations from very different perspectives. Big trucking companies, though fewer in number, have long exerted an advantage over small and mid-tier companies by putting together expansive networks and maintaining steady relationships with […]

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 […]

Commentary: How digital brokerage has become a “no-code” endeavor – FreightWaves – Charley Dehoney

FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. In the Stone Age of transportation brokerage – the 1980s – technological innovations came in the form of new equipment purchases in an effort to speed up transactions. This might be a second […]

Carggo brings high-growth tech to small freight brokerages – FreightWaves – John Paul Hampstead, Associate Editor

The cloud is democratizing access to software and computing resources. With Carggo, freight brokerages can leverage sophisticated matching and pricing engines to grow their businesses at a very low cost. Freight brokerage in North America is undergoing a technological transformation enabled by large investments from private equity and venture capital. Investors see a fragmented, low-tech […]

Convoy Creates Method for Drivers to Book Multiple Loads at Once – Roger Gilroy | Transport Topics – Staff Reporter

Convoy booth at MATS by John Sommers II for Transport Topics [Stay on top of transportation news: Get TTNews in your inbox.] Digital freight broker Convoy announced Automated Reloads, an app-based program that allows drivers to book multiple loads of freight at one time. The move comes as the industry is paying greater attention to […]

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