Seattle-based digital freight broker Convoy rolled out automated bidding for its Request a Load service offering, which is geared towards United States-based motor carriers. Request a Load is a key component of the Convoy app deployed by carriers and allows them to directly share preferences and get them the loads they want with less effort. …
The business consulting firm Frost & Sullivan released the results of its new study of trucking-as-a-service (TaaS) and digital freight brokerage this week. From an estimated current size of $11.2 billion, Frost & Sullivan expects TaaS to grow to $79.4 billion by 2025. Digital freight brokerage will account for the lion’s share of this market—Frost …
CarrierLists, a firm that surveys small trucking carriers about their equipment, location and preferred lanes, has published the results of its digital freight brokerage/load-matching app study. In a survey conducted during January 2019, 113 small carriers (three trucks or fewer) answered questions about which load-matching apps they had downloaded and which ones they used on …
Convoy is now matching 100 percent of loads automatically in major markets, effectively eliminating the need for any person to call or communicate between the shipper and carrier. ( Photo: Shutterstock ) Convoy this morning said that it has achieved 100 percent automated matching of loads in its top markets across the country, resulting in …
Convoy eliminates human intervention in load-matching – FreightWaves – Brian Straight Read More »
Seattle-based digital freight broker Convoy heralded a company milestone today for 100% automatic load-to-truck matching, minus human intervention, in key United States markets. Routes cited by Convoy, in this milestone, include: major West Coast markets such as Seattle, Portland and Los Angeles; Midwest routes from Chicago, Cincinnati and Milwaukee; routes from Texas markets such as …
The developer of a freight-matching app for truck drivers and shippers at the ports of Los Angeles and Long Beach has raised $97 million in new funding as the startup works to improve its fledgling technology and expand to other ports. NEXT Trucking Inc. said Wednesday that Brookfield Asset Management Inc. ’s venture investment arm …
Wise Systems, an autonomous dispatch and routing software provider for delivery fleets, has raised $7 million in its Series A round, according to a Dec. 6 press release. In our fifth episode of RoadSigns, we ask: How far can we go in terms of automating freight transactions? Hear a snippet above from Ziad Ismail, chief …
Wise Systems Closes $7 Million Series A Round – Transport Topics Read More »
GlobalTranz’s leadership in transition. ( Photo: GlobalTranz ) GlobalTranz, a top 10 3PL, announced this week that Chief Executive Officer Bob Farrell would transition to Executive Chairman and that Chief Financial Officer Renee Krug would become GlobalTranz’s new CEO. FreightWaves spoke to Farrell and Krug about GlobalTranz’s exponential growth over the past three years, its …
GlobalTranz’s Krug and Farrell on 2019: “lots of acquisitions in the pipeline” Read More »
Millbrae, California-based Cargo Chief showcased their C4 platform at MarketWaves 18. C4 is a system that enables carriers to share available capacity to shippers. C4 then uses this information to match shippers with their existing carriers without having to rely on untrusted contracts. Customers of C4 can enter the details of their load into the …
Digital freight brokers Convoy and Uber Freight have separately launched new tools intended to make pricing options for hauling loads more transparent for shippers. Convoy Shipper Platform 2.0 includes Market Outlook, which shows shippers current and future trends by region. Also, it adds a feature called Lane Network, which gives shippers real-time data about changes …
Transport Topics – Two Digital Freight Brokers Focus on Price Transparency for Shippers Read More »
