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Andrew Leto believes that a panoramic freight procurement platform is the missing piece of...
Procurement platform Emerge on Thursday launched an instrument within its Dynamic RFP product to assist shippers with choosing the most suitable carriers to transport their freight.
The carrier scorecards feature combines Federal Motor Carrier Safety Administration records on safety and out-of-service orders with data from Emerge’s marketplace to provide its users with grades for pickup, delivery and tracking history and an overall scaled performance grade from zero to 100%.
Emerge anunció el lunes que ha actualizado su plataforma de adquisición de carga con una nueva solución, Emerge Benchmarking, que acumula fuentes de datos de carga en tiempo real para ayudar a los cargadores a evaluar sus procesos de RFP y ejecutar sus adquisiciones con una mejor inteligencia de mercado.
“Históricamente, los cargadores utilizaban las herramientas de benchmarking para mostrar cómo se desempeñan en comparación con el mercado en general y para explicar a sus superiores por qué...
Emerge announced Monday it has upgraded its freight procurement platform with a new solution, Emerge Benchmarking, which accumulates sources of real-time freight data to help shippers evaluate their RFP processes and execute their procurement with better market intelligence.
“Historically, shippers used benchmarking tools to show how they are performing compared to the overall market and to explain to their higher-ups why they are paying 50% more than the previous year,” founder and CEO Andrew...
Scottsdale, Arizona-based digital freight procurement platform Emerge named Cameron Ramsdell its chief operating officer Monday morning. Ramsdell, who joins Chief Executive Officer Andrew Leto and President George Abernathy on the company’s executive team, said he plans to focus on the capacity side of Emerge’s marketplace.
Previously, Ramsdell served for nearly three years as the president of Variant, an automated digital fleet inside U.S. Xpress (NYSE: USX). Prior to Variant, Ramsdell was at...
https://www.freightwaves.com/news/ramsdell-joins-emerge-as-chief-operating-officer
Procurement and logistics platform Emerge announced Tuesday it has named supply chain veteran Mark McEntire as the company’s senior vice president of operations.
McEntire has more than 35 years of industry experience, working as a fleet and project manager at J.B. Hunt Transport, followed by over 10 years as general manager of trucking leasing company Penske Logistics and then various executive positions during 17 years at Transplace.
J.B. Hunt, Penske and Transplace all “have been pioneers and...
Freight marketplace Onward Delivery announced earlier this month that it has closed on an oversubscribed $4.7 million seed round led by Range Ventures and Matchstick Ventures as the company works to automate final-mile delivery for bulky retail items by leveraging its box truck network.
Springtime Ventures also participated in the round, as did a number of industry angel investors, including Andrew Leto, founder and CEO of Emerge; Jett McCandless, founder and CEO of project44; Sean Henry,...
Scottsdale, Arizona-based digital freight marketplace Emerge announced Thursday morning that it has closed a $130 million Series B funding round led by 9Yards Capital, Tiger Global Management and The Spruce House Partnership. Existing investors New Road Capital Partners and Greycroft also participated in the round.
“We’ve been fortunate to experience explosive growth in the past few years, and this funding will be very useful to Emerge’s future success,” said founder and co-CEO Michael Leto....
https://www.freightwaves.com/news/emerge-raises-130m-series-b-to-scale-digital-freight-marketplace
Drayage, in its simplest form, is the transportation of freight from an ocean port to its initial inland destination. These moves tend to average no more than 50 miles, taking containers to rail yards to be put on a train or sending them to nearby warehouses to be sorted, segmented and routed to their next destination.
While the distances are comparatively short, the logistics of routing 11 million maritime containers in and out of ports every year has its full share of challenges.
Below are four...
https://www.freightwaves.com/news/4-challenges-of-drayage-and-the-freighttech-companies-solving-them
EDRAY, a drayage platform, is looking to revolutionize the way technology executes port logistics.
The company announced Tuesday it is looking to accelerate its growth and expand its suite of drayage solutions with a recent $7 million investment from logistics entrepreneur and investor Andrew Leto.
Leto, founder of GlobalTranz and 10-4 and investor in Emerge, My Carrier and Roadrunner Transportation, will now sit on the board of EDRAY.
Related article: Roadrunner $50M equity raise led by...
https://www.freightwaves.com/news/edray-receives-7m-to-improve-port-logistics-through-flow-stacking