New technologies are changing the way the freight brokerage industry performs day-to-day operations. (Image: Jim Allen/FreightWaves) New technologies are changing the way the freight brokerage industry performs day-to-day operations. For the past several years it has been the consensus in the industry that the freight brokerage market is headed in the direction of doing everything […]
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 […]
Rapid e-commerce growth has ushered in new final mile methods and technologies, like Udelv’s autonomous delivery. (Seth Clevenger/Transport Topics) [Stay on top of transportation news: Get TTNews in your inbox.] The inexorable growth of e-commerce and rising consumer expectations are quickly elevating the cost and complexity of final-mile delivery. To remain competitive in this time […]
Convoy CEO Dan Lewis is giving a tour of the company’s headquarters in downtown Seattle. He points out the stocked kitchens (plural), the 55-person data science team, the P&G Carrier of the Year award and the Ping Pong station, then stops in front of a bulletin board featuring the “Pets of Convoy.” There he pulls […]
Amazon’s entry into online freight matching is being met with skepticism and unease by much of the logistics industry, according to a market research report from the FreightWaves Freight Intel Group. The report, Amazon and the Logistics Industry, builds on the news FreightWaves broke on Amazon’s beta version of its online freight matching platform, freight.amazon.com. […]
As another service of FreightWaves SONAR, the Freightwaves Freight Intel Group was launched recently and is publishing in-depth research on “everything freight and logistics,” as Senior Research Analyst and team member Seth Holm described the Group’s mission. “We will be doing deep dives into topics that are most important to our industry, the inner workings […]
Uber Freight is sharing nearly all the revenue from its digital freight-matching platform with its carriers, according to a Morgan Stanley & Co. analysis that estimates it could be years before Uber Technologies Inc. ’s logistics division generates meaningful profits. Uber’s freight brokerage business launched in 2017 and uses technology to connect truckers with shippers […]
Logistics Management (LM): How do you view the current state of the freight economy? Bobby Harris: When you look at the first quarter, based on data from publicly traded companies, it is no secret that the market was softer in the first quarter than a year ago. And we are seeing that same softness when […]
Digital freight marketplaces that connect shippers and truckers online are turning toward more physical operations by offering the equipment that cargo carriers need to move loads. Freight-matching startups Convoy and Uber Technologies Inc. ’s Freight division recently launched fleets of trailers that shippers can preload with goods to speed up cargo transfers for drivers and […]
FreightWaves is providing a forum – Market Voices – for a number of market experts. Brian Laung Aoaeh writes about the reinvention of global supply chains, from the perspective of an early-stage technology venture capitalist. He is the co-founder of REFASHIOND Ventures, an early-stage venture capital fund that is being built from the ground up […]
