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Improving digital freight markets: lessons from history – FreightWaves –

The digitization of the supply chain industry has been all the buzz in recent years. From lumpers on the freight docks in Erie, Pennsylvania to the Patagonia-clad investors of Silicon Valley, everyone seems to be talking about technology “disrupting” logistics. The areas of disruption and digital freight matching have been well-covered by folks across the […]

Tom McLeod: we’re building digital freight brokerage technology – John Paul Hampstead, Associate Editor

On Monday morning, August 26, Tom McLeod, president of McLeod Software, opened the company’s 2019 User Conference at the Gaylord Rockies in Aurora, Colorado, with prepared remarks.  While McLeod’s talk was ostensibly an overview of the company’s current projects and new offerings, the subtext was that McLeod Software has technology for freight brokerage every bit […]

How much are digital freight brokerages really worth? (Video in source link) – FreightWaves – John Paul Hampstead, Associate Editor

If everything goes right, the market cap of all digital brokerages in the United States could total $30 billion in 10 years. The total addressable market for digital freight brokerage is a mere fraction of the size quoted in pitch decks and investment bank research reports, but there’s still plenty of upside for a few […]

GlobalTranz launches GTZamp, a next-gen digital freight matching solution – FreightWaves – John Paul Hampstead, Associate Editor

GlobalTranz, a top 10 tech-enabled freight brokerage and third-party logistics provider, announced the roll-out of GTZamp, the latest evolution of its technology platform. GTZamp is a digital freight matching solution designed for enterprise customers that uses robust big data inputs to build multi-movement shipments. GTZamp represents the next iteration of GlobalTranz’s technology by incorporating more […]

Carggo brings high-growth tech to small freight brokerages – FreightWaves – John Paul Hampstead, Associate Editor

The cloud is democratizing access to software and computing resources. With Carggo, freight brokerages can leverage sophisticated matching and pricing engines to grow their businesses at a very low cost. Freight brokerage in North America is undergoing a technological transformation enabled by large investments from private equity and venture capital. Investors see a fragmented, low-tech […]

Transfix’s new chief revenue officer wants to change digital brokerage’s business model – FreightWaves – John Paul Hampstead, Associate Editor

Transfix, the venture capital-backed digital freight marketplace based in New York City, announced that Ahmad El-Dardiry joined the company as its new chief revenue officer. El-Dardiry comes to Transfix from a 19-year stint at Intel Corporation, where most recently he managed cloud computing, memory and storage enterprise sales in the Americas, Asia and global industry […]

How to survive intensifying supply chain competition – FreightWaves – John Paul Hampstead, Associate Editor

Companies who operate in the rapidly digitizing supply chain need game-changing technology that will make their operations more efficient, faster, and smarter. The pace of change in freight is heating up. A renewed wave of competition — perhaps the most profound since trucking was deregulated in 1980 — is forcing companies in the space to […]

C. H. Robinson isn’t afraid of Amazon – FreightWaves – John Paul Hampstead, Associate Editor

( Photo: C.H. Robinson ) Biesterfeld: C.H. Robinson has maintained consistent margins through multiple disruption cycles C.H. Robinson (NASDAQ: CHRW) is not afraid of Amazon’s entrance into freight brokerage and welcomes the competition, incoming chief executive officer Bob Biesterfeld told Wall Street analysts on the company’s earnings call this morning. After prepared remarks by Biesterfeld, […]

Trent Broberg promoted to chief operating officer at Truckstop.com – FreightWaves – John Paul Hampstead, Associate Editor

Trent Broberg. ( Photo: Truckstop.com ) At the Transportation Intermediaries Association conference last week, freight marketplace Truckstop.com announced that it was promoting general manager and vice president of customer success Trent Broberg to chief operating officer (COO). Broberg spoke to FreightWaves about his new role and the direction Truckstop.com was moving in the future, especially […]

“Flywheel is turning faster and faster”: Transfix’s Drew McElroy at TIA – FreightWaves – John Paul Hampstead, Associate Editor

( Photo: Shutterstock ) FreightWaves is covering the Transportation Intermediaries Association’s 2019 Capital Ideas conference in Orlando, Florida. On the afternoon of April 11, Drew McElroy, chief executive officer of New York City-based digital freight brokerage Transfix, sat down for an interview. Transfix’s business is going well. McElroy said the company is posting positive gross […]