Benjamin Gordon

Digital Freight: The Race to Automate Truck Brokerage

By Support / 2019-10-15 2020-09-13

Written by Benjamin Gordon In the race to digitize the truck brokerage market, will the winner be an incumbent or a challenger? The upside is enormous. Trucking is a $734 billion market. Truckload and less-than-truckload revenue constitute close to $400 billion. If 20% of that market is outsourced, then truck brokerage spending totals $80 billion. …

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Private-Equity Firms Buy Trucking Freight Services Companies – WSJ – By Jennifer Smith

By Support / 2019-04-03 2020-09-13

By Jennifer Smith Private-equity firms bought two big freight-services providers in separate deals announced Wednesday, the latest in a string of investments in businesses that help manage the flow of goods through supply chains. Iconiq Capital LLC acquired a majority stake in Internet Truckstop Group LLC, whose Truckstop.com online freight marketplace connects shippers with available …

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