2019

Why digital freight brokers might fail to disrupt the freight brokerage industry

By / 2020-09-13

Written by Brian Aoeah The news about Convoy raising capital at a multi-billion dollar valuation got me thinking again about innovation, technology, and disruption in the freight brokerage market. It also comes on the heels of; “What Are Digital Freight Brokers Worth?”, an extensive research report published by FreightWaves’ proprietary research desk, Freight Intel – …

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DHL Supply Chain adds Convoy integration for truck capacity, pricing Aaron Huff| CCJ – @AaronHuffCCJ

By / 2020-09-13

DHL Supply Chain, the largest contract logistics provider in North America and part of the Deutsche Post DHL Group, announced new developments in its transportation digitization strategy. DHL Supply Chain is the largest and most diverse division of DHL with more than 2,000 warehouses in operations for customers as a third-party logistics provider (3pl). In …

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What a difference a year makes in trucking – By Jeff Berman, Logistics Management – Group News Editor

By / 2020-09-13

A year ago this time, it is fair to say that the trucking sector was running strongly on all cylinders, buoyed by very strong economic fundamentals, a high level of consumer confidence, and tight capacity, which helped drive rate growth. But fast forward a year later, and it is clear that the tables have turned …

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

By / 2020-09-13

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 …

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Uber Freight Opens HQ in Chicago With Expansive Plans – Roger Gilroy | Transport Topics – Staff Reporter

By / 2020-09-13

A driver looks at the Uber Freight app. (Uber Technologies Inc.) [Stay on top of transportation news: Get TTNews in your inbox.] Uber Freight, the load-matching business unit of Uber Technologies Inc., announced it has opened its new headquarters in Chicago and plans to hire 2,000 employees over the next three years to handle engineering …

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

By / 2020-09-13

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 …

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FreightFriend introduces new carrier search feature – FreightWaves – Linda Baker, Staff Writer

By / 2020-09-13

Finding reliable, trustworthy transportation partners is a challenge for shippers, brokers, and 3PLs in today’s logistics industry. Search tools currently on the market only allow users to find carriers based on the location of their registered office, resulting in a long list of potential candidates that may or may not run the lane a shipper …

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Freight-Matching Startup Loadsmart Adds $19 Million from Maersk, Ports America – WSJ – By Jennifer Smith

By / 2020-09-13

Container shipping giant A.P. Moeller-Maersk A/S and Ports America, the largest terminal operator in the U.S., are investing in a digital freight-booking service aimed at speeding the flow of cargo through maritime gateways. Maersk’s venture-capital arm led a $19 million funding round for Loadsmart Inc. to support a new service for the port trucking market, …

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J.B. Hunt provides some optimism, less doom at investor conference – FreightWaves – Todd Maiden

By / 2020-09-13

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) provided constructive commentary on intermodal and truckload (TL) fundamentals during a presentation at the Cowen and Company 12th Annual Global Transportation Conference. The outlook from the surface transportation services giant at the intra-third quarter event was notably better than the concern around the lack of an uptick in …

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Masters of Logistics 28th Edition: Find your digital direction – Logistics Management

By / 2020-10-07

Given the number of available and emerging digital solutions capable of transforming and improving logistics and supply chain operations, why are many firms still spinning their wheels instead of driving forward? By Mary C. Holcomb, Ph.D., professor, University of Tennessee; Christopher A. Boone, Ph.D., assistant professor, Mississippi State University; Karl B. Manrodt, Ph.D., professor, Georgia College …

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