By Jeff Berman, Group News Editor Uber Freight is going global. Well, it is going to start in Europe initially, Lior Ron, head of Uber Freight, wrote in a blog post that was published yesterday. Uber Freight is known in freight circles as the ubiquitous, ride-sharing service’s app that matches trucking companies with loads to haul. …
This morning Lior Ron, Head of Uber Freight, wrote in a blog post that the digital brokerage will expand its operations into Europe. The Netherlands is the first European market Uber Freight will enter, Ron wrote, and carriers will be able to book their first loads with Uber Freight in April. This announcement marks Uber …
Kargo Technologies, an Indonesia-based logistics startup, has raised $7.6 million in its seed round of funding, led by Sequoia Capital India. The investment round also saw Uber founder Travis Kalanick’s 10100 Fund join the funding round, along with Patrick Walujo, the co-founder of Northstar Group. Kargo is a digital freight marketplace that plans to connect …
In the not-so-distant future, matching loads with trucks could be as easy as catching a ride across town with the Uber app. In fact, Uber Freight is among a number of technology companies trying to digitize the entire load matching process. For most transportation companies, however, the road to automation is a work in progress. A sign …
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 …
ByErica E. Phillips SoftBank Group Corp.’s Vision Fund is diving into the global freight business, leading a new $1 billion round of funding in Flexport Inc., a six-year-old international shipping broker built by Silicon Valley technology developers. Based in San Francisco, Flexport arranges ocean- and airfreight shipments for retailers and manufacturers—a $2 trillion global business …
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 …
In the not-so-distant future, matching loads with trucks might be as easy as catching a ride across town using the Uber app. In fact, Uber Freight is among a number of technology companies trying to digitize the process. In the meantime, the road leading to supply chain automation is under construction. Signs of the road …
With a goal in part to facilitate information sharing among its carrier/driver networks and closer collaboration with its shipper/consignee customers, Uber Freight has introduced a facility ratings and reviews feature that enables carriers using the platform to rate their experiences at load and unload locations as well as post reviews and tips for other drivers …
The developer of a freight-matching app for truck drivers and shippers at the ports of Los Angeles and Long Beach has raised $97 million in new funding as the startup works to improve its fledgling technology and expand to other ports. NEXT Trucking Inc. said Wednesday that Brookfield Asset Management Inc. ’s venture investment arm …
