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Comdata Launches New Solution to Support Same-Day Shipper Payments for Trucking Fleets

New Comdata QuickPay gives fleet owners access to capital within 24 hours BRENTWOOD, Tenn.–(BUSINESS WIRE)–Comdata Inc., a FLEETCOR company and world leader in payment innovation, introduces Comdata QuickPay powered by Crestmark, a division of Metabank. Comdata QuickPay is a new financing solution that gives fleet owners access to same-day payments on the loads they deliver. The program also […]

The ‘Uber for trucking’ tries to navigate some Uber-scale problems – Dina Bass | Oct 29 2019 at 06:00 AM

Amit Sekhri took up trucking in the thick of the Great Recession, drawn in part by the freedom of driving the open roads. He was prepared for long hours and weeks away from home. But two of his biggest—and least expected—gripes were the constant phone calls and late payments. Like many truckers, Sekhri booked his […]

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 […]

New truck exchanges offer hedge, but come with risk – Ari Ashe, Associate Editor, William B. Cassidy, Senior Editor, Eric Johnson, Senior Technology Editor | Mar 27, 2019 3:59PM EDT

Shippers nervous about volatility in US truckload rates have two new options to hedge risk in the form of exchanges, also known as “futures” and “forward markets.” But each comes with risks of their own, from losing money to collapsing altogether, most commonly because of a lack of liquidity or loss of confidence in the […]

Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight.

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, […]

Andrew, Michael Leto Secure Funding for New Online Freight Marketplace – Transport Topics

Entrepreneurial Brothers Founded GlobalTranz Enterprises, 10-4 Systems Andrew (left) and Michael Leto are launching a new software platform called Emerge. (Emerge) Serial entrepreneurs Andrew and Michael Leto, who started GlobalTranz Enterprises and 10-4 Systems, both of which were sold earlier this year, are launching a new enterprise. It is a software platform called Emerge that […]

MarketWaves18 Demo Day Round 2 – FreightWaves

Round two of Demo Day saw some strong tech contenders. Cutting-edge freight tech startups and innovators give an intimate live product demo on the latest technologies changing the industry. The second round of ten live technologies demonstrations at MarketWaves18 included collaborative, blockchain-based logistics platforms, software that integrated directly into devices onboard a truck, and AI […]

Getting ready for Demo Day, part 4: wrapping up what companies are going to show

This is our final installment of a four-part series of previews that describe applications that will be shown Monday, November 12 at Demo Day, part of MarketWaves18. You can see the other installments of this series here and here and here.   Opus9 Opus9 is a digital 3PL startup for U.S. shippers that provides automated […]

Getting ready for Demo Day at MarketWaves, part 3: more companies and what they’ll be showing

This is the third in a series previewing companies that will be presenting their technology solutions at Demo Day next week as part of MarketWaves18 near Dallas. You can see our earlier stories here and here.  Shipwell Shipwell is an online freight platform that assists small and medium-sized businesses to leverage data, and helps reduce […]

New FourKites tool predicts capacity for shippers using ELD data – CCJ – Aaron Huff| @AaronHuffCCJ

Last year, about 20 of the nation’s largest shippers, who represent $20 billion in annual freight spend, came to Chicago for a customer advisory board meeting with FourKites. More than 200 of the largest Fortune 1000 shippers use FourKites for shipment tracking, analytics and other applications. The company’s freight visibility platform integrates with the ELD […]