Technology has made it easy for anyone to get into the game, but there are still obstacles The latest craze in logistics is the “uberization of trucking,” i.e. digital freight brokers (DFM). In reality, though, DFMs are not new, with the first iteration of them appearing in the early 2000s with companies such as Power2Ship …
The push to automate freight brokering is gaining momentum with technology startup Convoy raising $62 million to accelerate its growth plans and Uber Freight adding features and expanding into new markets since its May launch. These digital freight brokers offer mobile applications that match carriers with loads, automate manual processes and provide upfront pricing and …
Some of the biggest names in technology, including Jeff Bezos, Marc Benioff and Bill Gates, were involved in the latest funding round for Seattle-based freight matching marketplace Convoy. Even in an era of almost unprecedented interest and venture capital investment in transportation and logistics technology, the list of investors in Seattle-based freight matching technology …
It’s a warm summer afternoon at the TA Seattle East truck stop in North Bend, Wash., and Jerry Brooks is waiting for business. The 60-year-old driver from South Carolina wants to head back east, but the offers he’s received so far don’t meet his standards for distance and pay. “Everybody you see here is looking …
If it seems that freight brokerage – both digital and traditional services – are popping up on a daily basis, it could be because they are, or it at least it seems that way. Digital freight matchers (DFMs) include familiar names such as J.B. Hunt 360, Convoy, CargoMatic, Haulfox, Transfix, HaulHound and Freight Rover. Most …
11 tips for freight brokerage success – Brian Straight Read More »
Transfix announced $22 million in Series B funding led by new investor New Enterprise Associates (NEA). NY-based Transfix has created an online marketplace for the trucking and logistics industry, providing a platform that matches shipments with available trucks. Several existing investors also participated in the round, including Canvas Ventures, Lerer Hippeau Ventures, and Corigin Ventures. …
Since 2000, the transportation industry has seen many technology-focused startups come and go. With each failed attempt, investors lost millions of dollars and the industry showed little change because the following fact was overlooked: Successful innovation demands more than just whiz-bang technology; it requires a strong command of operations and a deep understanding of the …
5 Lies the "Ubers of Trucking" May tell you – Load Delivered Read More »
With 90 percent of motor carriers operating less than six trucks, mobile apps give brokers and shippers a way to automate communications with owner operators and small fleets. A number of technology companies with brokerage authority have mobile apps that carriers use to accept loads and provide shipment status, among other functions. These apps can …
3. Mobile apps – Aaron Huff| CCJ – @AaronHuffCCJ Read More »
