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Behind the scenes with the Convoy gang – FreightWaves – Linda Baker, Staff Writer

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 […]

FreightWaves Freight Intel Group researches “everything freight and logistics” – FreightWaves – Scott Mall, Managing Editor of Copy

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 […]

Keeping the freight and trucks rolling on US roads – there’s an app for that – The LoadStar – Cathy Morrow Robinson

© Grapestock By Cathy Morrow Roberson  04/09/2019 The number of employees in truck transportation increased 2% from June to July, and is up more than 2% year on year, according to the US Bureau of Labor Statistics. And as the number of employees grows, so do volumes.   The American Trucking Association recently published its revised forecast for the industry, anticipating […]

Uber Freight, Convoy rise as traditional load boards lose market share – FreightWaves – John Paul Hampstead, Associate Editor

( Photo: Uber Freight ) Upstarts Uber Freight and Convoy continued to gain market share among freight-matching rivals, as more traditional load boards saw their market share ebb in the face of more heavily digitized competition, according to a report from investment bank UBS. The study by UBS Group AG (NYSE: UBS) is the bank’s […]

Tech Investor Iconiq Buys Majority Share of Truckstop.com – Transport Topics – Jim Stinson | Staff Reporter

Truckstop.com A private equity firm known for investing in tech companies such as Uber and SurveyMonkey has made a significant investment in Truckstop.com, an Idaho-based load board and freight-matching service, continuing the trend of private investment dollars flowing into trucking tech firms. Truckstop.com and Iconiq Capital, a tech-focused investment firm in Palo Alto, Calif., made […]

FreightWaves secures $20 million in Series B funding from corporate and strategic investors – FreightWaves Staff

FreightWaves founder and CEO Craig Fuller at marketwaves18. photo credit: FreightWaves/josh roden FreightWaves closes $20 million Series B funding round FreightWaves, the leading provider of data and news for global freight markets, announced that it has successfully raised $20 million in a Series B financing round, bringing its total funding to nearly $40 million. The […]

Working through the roadblocks of digital freight matching Aaron Huff| CCJ – @AaronHuffCCJ

In the not-so-distant future, matching loads with trucks might be as easy as catching a ride across town using the Uber app. In fact, Uber Freight is among a number of technology companies trying to digitize the process. In the meantime, the road leading to supply chain automation is under construction. Signs of the road […]

Trucking startup Convoy reaches $1B valuation after huge $185M investment led by Google VC arm – Geek Wire – BY TAYLOR SOPER

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 […]

Load Boards Evolve – Diving Deeper Into Data Analytics – Transport Topics – Seth Clevenger

Truckstop.com’s Perry (left) and Hutto debut the load board operator’s spot-market rate forecasting service, which the company launched last fall. (Seth Clevenger/Transport Topics) Load boards have changed a lot from their humble beginnings about 40 years ago. Long gone are written notes tacked up on truck stop bulletin boards to help drivers find freight, or […]

Freight brokers using new connectivity tools with shippers, carriers – CCJ – Aaron Huff| @AaronHuffCCJ

Technology is fueling a growth in non-asset transportation and logistics. Companies are finding ways to solve more complex problems for shippers and increasing the efficiency and speed of freight transactions with carriers. AFN Logistics specializes in transporting retail goods to fulfill supply chains, many of which are now connected to e-commerce and final-mile deliveries. In […]