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Opus9 expands into port drayage – FreightWaves – Chris Dupin

Digital truck broker initially operating in Los Angeles, Long Beach, New York/New Jersey and Savannah.    Opus9, a digital freight broker that connects shippers and motor carriers, says its computer platform now can be used to arrange drayage moves as well as full truckload and less-than-truckload haulage.   Opus9 launched its platform last September and added […]

Opus9 looks to provide shippers real-time quotes on drayage – FreightWaves – Michael Angell, Bulk and Intermodal Editor

Opus9 is now offering to match shippers with drayage carriers as it expands coverage to major U.S. ports. The Sunnyvale, California-based startup, which already offers load matching and digital brokerage for truckload and less-than-truckload freight, wants to bring the same level of automation to drayage, said Chief Executive Alex Ryu.  He said the new service […]

Keeping the freight and trucks rolling on US roads – there’s an app for that – The LoadStar – Cathy Morrow Robinson

© Grapestock By Cathy Morrow Roberson  04/09/2019 The number of employees in truck transportation increased 2% from June to July, and is up more than 2% year on year, according to the US Bureau of Labor Statistics. And as the number of employees grows, so do volumes.   The American Trucking Association recently published its revised forecast for the industry, anticipating […]

Port Report: Ocean freight keeps up digital move as industry gets props for its tech savvy – FreightWaves – Michael Angell, Bulk and Intermodal Editor

NYSHEX looks to bring in other trade lanes to its platform while Freightos sees ocean shipping outmatching other modes in digital drive. NYSHEX, the digital ocean freight platform, wants to expand its market reach into China after last year’s launch of its U.S. service offerings. The four-year old company is looking to add container booking […]

SoftBank’s Vision Fund Leads $1 Billion Funding Round for Shipping Broker Flexport – WSJ – By Erica E. Phillips

ByErica E. Phillips SoftBank Group Corp.’s Vision Fund is diving into the global freight business, leading a new $1 billion round of funding in Flexport Inc., a six-year-old international shipping broker built by Silicon Valley technology developers. Based in San Francisco, Flexport arranges ocean- and airfreight shipments for retailers and manufacturers—a $2 trillion global business […]

Truck Technology Startup Raises $97 Million for Port Freight Plan – WSJ – By Erica E. Phillips

The developer of a freight-matching app for truck drivers and shippers at the ports of Los Angeles and Long Beach has raised $97 million in new funding as the startup works to improve its fledgling technology and expand to other ports. NEXT Trucking Inc. said Wednesday that Brookfield Asset Management Inc. ’s venture investment arm […]

Drayage is opaque, inefficient, and ripe for digitization

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 […]

Online firm helps trucking solve one-way container movements – CCJ – Aaron Huff| @AaronHuffCCJ|

Managing containers is a recurring challenge for trucking and third-party logistics firms that have freight forwarding and intermodal operations. One challenge is getting containers into the country from factories in China where most are being produced. One alternative to paying for the transportation of empty containers is to use an online marketplace to find transporters […]

Maersk CEO: Q3 started with solid volumes as tariff tiffs not yet an issue – Freightwaves – Michael Angell, Bulk and Intermodal Editor

The Maersk McKinney Moller, the first of Maerk’s Triple-E class of mega-ships. But ocean shipping struggles with flat rates, over-capacity and higher fuel costs. Maersk saw its quarterly profit weaken year-on-year  as freight rates remain stagnant and fuel prices rise. In response, the world’s largest container line plans to reduce capacity over the next 12 […]

Demo block 1: the rise of hardware and data agnosticism – FreightWaves – John Paul Hampstead, Associate Editor

‘Agnostic’ was a word that kept coming up during the first round of technology product demonstrations at Transparency18 in Atlanta. Envio 360’s drayage optimization platform is “TMS agnostic” and open platform; Konexial’s GoLoad technology is agnostic with regard to telematics and TMS systems; FullBay’s cloud-based diesel truck maintenance solution is agnostic to repair shop and […]