Digital Freight Matching

The new enhancements for Convoy Go include: predictive trailer routing, automated reloads with batched routes, and improved telematics in its smart trailers. And company officials said that Convoy Go was the first drop service to offer loads to tens of thousands of owner-operators and small carriers in 2017, improving capacity, and then expanding nationally in 2019, providing scale.

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.

San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, and New York-based investment firm and a leading investor in the logistics sector Greenbriar Equity Group L.P. said earlier today that a Greenbriar-led investment group will invest $500 million in a Series A preferred stock financing for Uber Freight, which will value it at $3.3 billion on a post-money basis.

Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, announced today that it had introduced two new products, as it expands into enterprise software, entitled Uber Freight Link and Uber Freight Enterprise.

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.

Okerstrom will be joining Convoy from Expedia Group Inc., where he served as president and CEO.

Over the course of the ongoing COVID-19 pandemic, shippers have been up against myriad challenges and changes, which have subsequently resulted in making changes on the fly, in various ways, in order to be able to adapt to a suddenly changing world, and, more specifically, logistics operations.

Convoy officials said that this announcement now brings its total TMS integrations to 12, which, it added, makes the Convoy digital freight network (DFN) pricing capability the "most widely available in the industry”,

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...

Realizing changes needed to be made to streamline its freight tendering processes, Encore Glass began looking into other options. The majority of the options did not peak his interest, in that they were, what he called, largely impersonal and static, to a large degree. But that changed after a 2019 meeting between Encore and Seattle-based digital freight network Convoy and its co-founder and CEO Dan Lewis.

Transfix, a New York-based logistics technology services provider that streamlines shipment data to better help shippers make informed decisions to optimize time and revenues, rolled out a new offering geared towards “exceptional carriers” that have shown reliability and strong performance metrics in moving freight with the company.

If mitigating uncertainty and risk was the preferred pre-COVID approach, what does a post-COVID-19 world look like for shippers who now realize risk mitigation isn’t always possible?

San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, said today that it is rolling out a series of initiatives focused on supporting carriers and shippers, coupled with keeping essential goods moving, during what it called “uncertain times,” due to the coronavirus.

Seattle-based digital freight broker Convoy announced a significant milestone today, as it said it has reached 100% automated brokering of loads to carriers—comprised of matching and pricing in lanes in top United States freight markets—which it called an industry first.

Last August, Transfix, a New York-based logistics technology services provider that streamlines shipment data to better help shippers make informed decisions to optimize time and revenues named Lily Shen as its president. Logistics Management Group News Editor Jeff Berman recently conducted an interview with Shen to learn about various industry trends and topics.