J.B. Hunt Carrier 360

Traditional freight brokers investing millions to stay on top – FreightWaves – Ben Thrower, Contributor 09/23/2019

By / 2020-09-13

 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 …

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Digital freight brokerage growth to accelerate sharply over next five years – FreightWaves – John Paul Hampstead, Associate Editor

By / 2020-09-13

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 …

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J.B. Hunt to integrate with project 44 visibility platform – CCJ – CCJ Staff

By / 2020-09-13

J.B. Hunt Transport Services, one of the largest supply chain solutions providers in North America, plans to integrate a visibility platform from project 44 (p44) into J.B. Hunt 360 to provide its customers with real-time access to shipment information regardless of carrier, eliminating the need for multiple carrier data integrations. J.B. Hunt 360 provides businesses …

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FreightTech 25: The 360 app takes old-line J.B. Hunt toward the top of the disruptors list

By / 2020-09-13

The impact on technology created by J.B. Hunt (NASDAQ: JBHT)–#5 in the FreightWaves Freight.Tech 25–was summed up perfectly by Goldman Sachs earlier this year in a report on digital disruption and “Commoditizing Logistics,” the title of its report. J.B. Hunt 360, the report said, is “quite possibly the most successful digital freight matching app on …

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Goldman Sachs: digital disruptors will compress brokerage margins – FreightWaves – John Paul Hampstead, Associate Editor

By / 2020-09-13

But incumbents can protect their market shares Last week, a Goldman Sachs equity research team led by Matthew Reustle, CFA, released a report titled “Commoditizing Logistics: Assessing ‘Disruptive’ Links in the Supply Chain.” The report was apparently intended to answer investor questions about threats to large logistics incumbents’ margins and market share.  It’s worth noting …

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J.B. hunt Plans to Invest $500 million in 'Disruptive' Supply Chain Tech – Roger Gilroy

By / 2020-09-13

J.B. Hunt Transport Services Inc. announced it will spend $500 million over the next five years to enhance its operating systems, develop cloud infrastructure and create what it said would be “innovative and disruptive technologies” for use in its supply chain. To achieve that, J.B. Hunt has doubled its engineering and technology staff to 1,000. …

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