( 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 …
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 …
Even though the U.S. GDP remains stagnant and retail sales continue to plod along, it hasn’t had much of an effect on the ever-expanding truckload brokerage market. At a time when capacity remains readily available and shippers aren’t scrambling for loads, the market is brimming with new entrants vying to make a name for themselves. …
Truckload Brokerage Operations In recent years, the proliferation of truckload brokerage operations has not been easy to overlook. Its ongoing ascent has been driven by several different factors, including the shipper’s need to manage capacity in a fluctuating market environment, the advent of truckload brokerage-specific technology advances, commonly referred to as the “Uberization” of the …
