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The ‘Uber for trucking’ tries to navigate some Uber-scale problems – Dina Bass | Oct 29 2019 at 06:00 AM

Amit Sekhri took up trucking in the thick of the Great Recession, drawn in part by the freedom of driving the open roads. He was prepared for long hours and weeks away from home. But two of his biggest—and least expected—gripes were the constant phone calls and late payments. Like many truckers, Sekhri booked his […]

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 […]

Commentary: How digital brokerage has become a “no-code” endeavor – FreightWaves – Charley Dehoney

FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. In the Stone Age of transportation brokerage – the 1980s – technological innovations came in the form of new equipment purchases in an effort to speed up transactions. This might be a second […]

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 […]

ICONIQ is not going to merge Truckstop.com with Uber Freight or Convoy (or any other freight brokerage) – FreightWaves – Craig Fuller, CEO at FreightWaves

Image: Truckstop.com Commentary A recent article inLandline Magazine, authored by John Bendel suggested that ICONIQ might have plans to merge Truckstop.com with Convoy or Uber Freight, on the back of their recent majority investment. This is not the first time I heard speculation that someone in the freight brokerage business might merge with one of […]

ICONIQ Capital takes majority investment in Truckstop.com – CCJ – CCJ Staff

Truckstop.com, a leading freight marketplace and online load board, has received a majority investment from ICONIQ Capital. As part of the transaction, ICONIQ Capital has become Truckstop.com’s majority shareholder. Truckstop.com founder Scott Moscrip and the existing management team will maintain a significant ownership in the company. Founded in 1995, Truckstop.com built the internet’s first digital […]

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 […]

Private-Equity Firms Buy Trucking Freight Services Companies – WSJ – By Jennifer Smith

By Jennifer Smith Private-equity firms bought two big freight-services providers in separate deals announced Wednesday, the latest in a string of investments in businesses that help manage the flow of goods through supply chains. Iconiq Capital LLC acquired a majority stake in Internet Truckstop Group LLC, whose Truckstop.com online freight marketplace connects shippers with available […]

Load-matching app downloads and stickiness leaderboard released by CarrierLists – FreightWaves – John Paul Hampstead, Associate Editor

CarrierLists, a firm that surveys small trucking carriers about their equipment, location and preferred lanes, has published the results of its digital freight brokerage/load-matching app study. In a survey conducted during January 2019, 113 small carriers (three trucks or fewer) answered questions about which load-matching apps they had downloaded and which ones they used on […]