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 …
Attendees peruse the exhibit hall at McLeod Software’s 2018 user conference. (Seth Clevenger/Transport Topics) BIRMINGHAM, Ala. — McLeod Software is expanding its digital freight-matching capabilities to help freight brokers and carriers move loads in a more efficient and increasingly automated fashion. The goal, CEO Tom McLeod said, is to quickly provide transportation firms with the …
McLeod Expands Digital Freight-Matching Software – Transport Topics – Seth Clevenger Read More »
Trucker Tools has launched new features for its Smart Capacity carrier relationship and capacity management platform. A Digital-Assist Online Price Negotiation streamlines rate negotiations with carriers. Brokers can view and consider multiple trucks for a load, then sort into the best options. With the click of a mouse, the broker can send carrier-specific pricing to …
As a farm boy, Clay Murdoch instinctively knows what to do when dew forms on cut hay in fields. As chief executive of Doug Andrus Distributing, he also knows what needs to be done in a hot freight market. “We need to bail hay,” said Murdoch on Monday, Oct. 1, during a breakout session at …
Increasingly, the trends in transportation technology are being driven by e-commerce and the “Amazon Effect.” Transportation companies are investing in new IT systems to fulfill orders with compressed lead times and higher service requirements. AFN Logistics, a Chicago-based 3PL that specializes in supply chain fulfillment for major retailers, is using technology to thrive in the …
Seattle-based Convoy, a digital freight technology-enabled network, recently announced it secured $185 million in Series C funding. The company said the round of funding was led by the growth equity investment fund of Google’s parent Alphabet City, CapitalG. With this funding, Convoy said that the amount of total capital it has raised now stands at …
Convoy’s founders: CTO Grant Goodale and CEO Dan Lewis. ( Photo: Convoy ) The growth equity investment fund of Google parent company Alphabet, CapitalG, led this round of Convoy’s capital raise, bringing the digital brokerage’s total funding raised so far to more than $265M and a valuation exceeding $1B. As part of the deal, David …
Digital freight-booking startup Convoy raised $185 million in a funding round led by an investment arm of Google parent company Alphabet Inc., GOOG 0.76% adding big new backing for the company competing in an increasingly crowded field trying to reshape U.S. shipping operations. The funding round led by Alphabet’s CapitalG, one of the biggest investments …
After serving 14 years for the Royal Canadian Navy, Ira Lawrence was ready for a new adventure. He and his wife decided to start a trucking company in 2017, but several hurdles nearly caused them to quit before even getting started. But then Lawrence found Convoy, a Seattle startup that developed an app to match …
It’s a good time for 3PLs when capacity is tight and supply chains are speeding up. The global third-party logistics market is on track to exceed $1.1 trillion in 2022. That’s 10 percent of global logistics costs, according to consultants Armstrong & Associates, and a leap from the $802 billion recorded in 2016. Armstrong …
Chaos is good for third-party logistics providers – FreightWaves – Chris Dupin Read More »
