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InstaFreight solves road freight visibility issues through digitalization – FreightWaves – Vishnu Rajamanickam, Staff Writer

 InstaFreight solves road freight visibility issues through digitalization (Photo: Shutterstock) Much like the road freight industry in the U.S., its European counterpart suffers from similar issues with fragmentation and low visibility into logistics operations, brought about by the lack of digitalization across large swathes of the market. Through its customs regulations, the European Union has […]

Nigerian digital freight marketplace Kobo360 raises $20 million – FreightWaves – Vishnu Rajamanickam, Staff Writer

Nigerian digital freight marketplace startup Kobo360 raised $20 million in a Series A funding round led by Goldman Sachs while pocketing another $10 million in working capital financing from Nigerian commercial banks. Kobo360 is one of the most recognized FreightTech players in Africa, revolutionizing a cacophonic market riddled with several inconsistencies.  Kobo360 began its journey […]

Small and mid-tier fleets leverage technology to level playing field – FreightWaves – Vishnu Rajamanickam, Staff Writer

The excessive fragmentation within the trucking market has implications that run deep, with fleets of different sizes looking at issues related to trucking operations from very different perspectives. Big trucking companies, though fewer in number, have long exerted an advantage over small and mid-tier companies by putting together expansive networks and maintaining steady relationships with […]

Fretlink looks to eliminate the spot market by streamlining digital load matching – FreightWaves – Vishnu Rajamanickam, Staff Writer

Over this decade, the freight industry has witnessed a steady queuing up of stakeholders within the market toward digitalizing their workflow, with the hope of improving visibility into operations and end-to-end transparency across supply chains. Though the term ‘digitalization’ is now etched in freight industry rhetoric, it is no more than that – an umbrella […]

Cargo Chief provides a booking assistant that automates load matching – FreightWaves – Vishnu Rajamanickam, Staff Writer

Many of the inefficiencies that ail the freight hauling industry find their roots within the market’s prevailing opacity; a majority of the interactions between freight brokers and carriers never get recorded – digitally or otherwise. This disconnect in information makes it a tiresome process, with freight brokers needing to rely on tribal knowledge and inadequate […]

All that you need to know on Uber’s run-up to its IPO – FreightWaves – Vishnu Rajamanickam, Staff Writer

After a decade since the launch of Uber Technologies Inc. (formerly UberCab 2009-11), the public is finally getting to own a piece of the cab-hailing giant. Uber (NYSE: UBER) opened its trading today on the floor of the New York Stock Exchange, with an initial public offering (IPO) price of $45 per share — finally […]

Kuebix partners with Emerge freight marketplaces to increase its truckload capacity offering – FreightWaves – Vishnu Rajamanickam, Staff Writer

Photo: Shutterstock Kuebix, a transportation management company, has partnered with Emerge, a private freight marketplace provider, to announce the addition of the Emerge marketplace to its Community Load Match platform. Shippers on the Kuebix platform will now have access to higher truckload capacity; courtesy of Emerge’s burgeoning digital marketplace. Since its inception, Kuebix has stood […]

European digital freight marketplace sennder raises Series B financing – FreightWaves – Vishnu Rajamanickam, Staff Writer

Photo: Shutterstock Berlin-based logistics start-up sennder has raised an undisclosed amount in its Series B financing, which saw the participation of U.S. venture capital firm Accel and previous investors Holtzbrinck, Project A and Swedish auto major Scania. sennder is one of the largest digital freight marketplaces in Europe, connecting large-scale shippers with carriers. In many […]

Hwy Haul customizes freight matching for trucking fleets – FreightWaves – Vishnu Rajamanickam, Staff Writer

This January, Walmart announced that it intends to hire 900 truckers over the course of 2019. It also announced that it would increase the wages of 8,000 drivers it has on its payroll now, possibly in an attempt to keep their churn rates low. Nonetheless, the increase in pay might also signal the difficulty companies […]

Lori is driving visibility and transparency in emerging markets’ chaotic logistics systems – FreightWaves – Vishnu Rajamanickam, Staff Writer

While the U.S. spends about 7.5 percent of its GDP on logistics and transportation, many emerging market economies spend much more on this sector. Because of this cost structure, goods from emerging markets are often uncompetitive on the global markets and unaffordable in their local markets. Lori, a Kenya-based e-logistics startup, is looking to drive […]