DFM

AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers automate workflows, boost utilization, and navigate the lingering freight recession. Industry leaders say technology adoption is now table stakes, with consolidation, predictive pricing, and hybrid human-tech models driving the next wave of growth and efficiency.

Company officials said that this office can hold up to 350 employees and represents what Arrive called a continuation of its strategic expansion goals, driven by more than $300 million in funds raised in 2021.

Total quarterly shipments increased 6.8%, from the second quarter to the third quarter, and saw a 10.6% annual gain, and total revenue saw a 10.3% increase, from the second quarter to the third quarter, while seeing a 36.1% annual gain.

The July announcement that San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, was acquiring Frisco, Texas-based Transplace, a non-asset-based third-party logistics services provider, for roughly $2.25 billion and consisting of up to $750 million in common stock of Uber, was made official today.

Logistics Management Group News Editor recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: capacity and rates, Peak Season, the election, and logistics technology, among others.

Torch Logistics positions itself as the lone network to specifically focus on on a commitment to the short-haul sector, with technology built for short-haul freight.

In what it is calling a first of its kind approach to contract primary freight, Seattle-based digital freight network Convoy announced today it has introduced a new offering, entitled Convoy Guaranteed Primary. Convoy described this offering as an “industry-first pricing program to procure capacity for primary freight that reduces a shipper’s total cost by up to 19% while guaranteeing capacity.”

ZUUM Co-Founder Matt Tabatabai explained that the key focus for ZUUM, since its 2016 inception, goes back to the defragmentation and decentralization, coupled with a lack of visibility, within logistics, which he called the biggest problem in the industry, and it comes with myriad inefficiencies.

With an eye on establishing the safest carrier network possible for its shipper customers, Seattle-based digital freight network Convoy said today it has introduced a new predictive crash model that takes a multi-tiered approach through machine learning and automation, in an effort to qualify safe drivers.

Entitled “DIGITIZATION: The Convergence of Modern Freight Brokerage, Digital Freight Matching, and Automation in Domestic Transportation Management (DTM),” the report examines the digital transformation steps for becoming a digital freight broker, focusing on systems to augment a Transportation Management System (TMS) to digitize DTM, while also addressing what the firm called the “rapid technological changes” within the DTM third-party logistics (3PL) segment over the last five years. This follows a 2016 report produced by the firm, in which it coined the...

After the deal was made official, LM reached out to Trimble with some additional questions about the deal, in terms of things like the integration process and next steps, with Kuebix in the fold, as well as trying to get some color on the biggest competitive advantages of this deal in a marketplace that is far from short of both established and emerging players.

The early January announcement that Sunnyvale, Calif.-based Trimble, a provider of end-to-end technology solutions to for-hire motor carriers, private fleets, freight brokerage, and third-party logistics providers, inked a definitive agreement to acquire Maynard, Mass.-based TMS provider and creator of the North America’s largest connected shipping community Kuebix, has now been made official, Trimble officials told LM.

With this offering, the company said carriers are now able to request and receive lumper payment codes immediately and subsequently eliminate time-consuming phone calls and out-of-pocket expenses that typically take several weeks for reimbursement.

Seattle-based digital freight broker Convoy said it has made continued inroads on the investment front in securing $400 million in Series D funding. Company officials said that a key objective with this round of funding is to eliminate hundreds of billions of dollars of waste in the trucking industry.

Scottsdale, Ariz.-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, announced today it has rolled out a new digital freight matching (DFM) offering, entitled GTZamp (Automated Movement Planning) for enterprise shipper customers that meshes the speed and ease of DFM with enhanced, multi-movement planning capabilities.