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LoadRunner, the pricing and digital freight matching engine at the center of the Redwood – Strive brokerage operation – FreightWaves – John Paul Hampstead, Associate Editor

In February, Chicago-based Redwood Logistics announced its acquisition of Strive Logistics, a freight brokerage with offices in Chicago and Austin, Texas, placing the combined entity in the top 15 North American freight brokerages with a combined $1 billion of freight under management. Commenting on the deal, Redwood CEO Mark Yeager pointed out that Strive’s LoadRunner, […]

Getting ready for Demo Day at MarketWaves18, part 2: what several more companies are going to show

Recently, we highlighted several companies who will be exhibiting software solutions at Demo Day, part of MarketWaves18. We continue our review here. Redwood Logistics Redwood Logistics is a next-generation freight management provider powered by a high-growth strategy, a commitment to forming long-lasting partnerships and an emphasis on maintaining a company culture that stimulates ingenuity and […]

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 […]

FourKites Adds ‘Predictive’ Load Matching Service – Transport Topics – Daniel P. Bearth | Staff Writer

FourKites FourKites, a load tracking firm, is tapping a former UberFreight executive to head up a new service offering predictive capacity management to shippers and carriers. “This is the next big opportunity in supply chain and logistics,” said Matt Elenjickal, founder and CEO of FourKites, in announcing the hiring of Kristopher Glotzbach as vice president […]

Convoy’s Flex Loads seeks to better connect shippers and carriers while reducing empty loads – Supply Chain 247 – Jeff Berman

Seattle-based digital freight broker Convoy recently announced the official rollout of a new offering, entitled Flex Loads. Convoy defines a Flex Load as a load that can be picked up or dropped off at a facility over multiple days. With this new offering, Convoy is focusing on providing a better way for shippers and carriers to […]

App-Enabled Freight Platforms Help Small Carriers Find Loads, Boost Efficiency – Transport Topics – Mindy Long

The Uber Freight app provides drivers with upfront load pricing and quick payment, the company says. (Uber Freight) Large fleets typically have been the first to benefit from the spread of technology in trucking, but digital freight brokers are working to extend some of the same advantages to smaller carriers and independent drivers. Companies such […]

Today’s Pickup: An analyst summarizes a panel on the disruption of the brokerage industry – FreightWaves – John Kingston

Good day, At FreightWaves, we’re still buzzing about the events of Transparency18, and the outstanding feedback we received about the event. Susquehanna transport analyst Bascome Majors published a list of “takeaways” from his visit to Transparency18, and here’s what he had to say about one panel on digital disruption in the brokerage business: “We attended […]

Demo Session 4: Tracking and managing cargo, assets – FreightWaves – Brian Straight

The final session of Demo Day on Tuesday at FreightWaves’ Transparency18 conference in Atlanta did not disappoint, building on the success of the first three sessions and closing out the day, which ended with a BBQ sponsored by Triumph and a performance from the Emerald City band for attendees. Demo Day featured 4 sessions of […]

Carriers use load planning tech to capitalize on hot freight market – CCJ – Aaron Huff| @AaronHuffCCJ

Throughout 2018, the ratio of loads to trucks in the DAT network of load boards has set new records. For the week ending May 12, the ratio was highest in the flatbed market with 102 loads posted for every truck, on average. Reefer was 8.5 and van was 6.4 loads per truck. Carriers have a […]

Freight Operators Dismiss Threat of Digital Startups – WSJ – By Erica E. Phillips

Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market. Executives at C.H. Robinson Worldwide Inc., CHRW 0.77% the biggest broker of freight services in the U.S., said their large-scale shipper customers are looking for […]

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