Digital freight brokerage

Breaking: Convoy cut off by OTR Solutions

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The factoring company OTR Solutions has put Seattle-based digital freight brokerage Convoy on its...

https://www.freightwaves.com/news/breaking-convoy-cut-off-by-otr-solutions

Report: Convoy is for sale

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Seattle-based digital freight brokerage Convoy has hired an investment bank to help it explore...

https://www.freightwaves.com/news/report-convoy-is-for-sale

Surge Transportation blames bankruptcy filing on sales drop after e-commerce boom

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After experiencing record sales growth during the COVID-19 pandemic, digital freight brokerage Surge...

https://www.freightwaves.com/news/bankrupt-surge-transportation-unprepared-for-sales-drop-after-e-commerce-boom

Flexport names Uber Freight chief to lead digital truck unit

Cross-border logistics provider Flexport is developing a truck brokerage business to take care of the domestic transportation leg for imports in one supply chain ecosystem after acquiring the e-commerce fulfillment and final-mile delivery assets of Shopify.

The company has hired Bill Driegert, a former Amazon executive who previously headed Uber Freight, to develop Flexport’s trucking product, new CEO Dave Clark said in an internal memo to employees on Thursday that the company shared with...

https://www.freightwaves.com/news/flexport-names-uber-freight-chief-to-lead-digital-truck-unit

Convoy introduces instant bid responses to carriers

Digital platforms have plunged into the world of freight, promising to automate practices that pull time from truck capacity. 

Over the past two years, these solutions have included solutions for parking, yard management, trailer pooling, dispatching and more.

Freight platform Convoy has worked to provide solutions for these time burdens and now the carrier users will be able to leverage its latest achievement — instant bid responses.

The company has been rolling out the new feature to users...

Small Fleet recap: Meeting small carrier needs with Werner

FreightWaves' Thomas Wasson and Werner's Matt Parry chat during the Small Fleet & Owner-Operator Summit.

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit Wednesday.

FIRESIDE CHAT TOPIC: How asset-based brokerages leverage experience to meet small carrier needs.

DETAILS: Matt Parry joins FreightWaves’ Thomas Wasson to talk about how asset-based brokerages add value and access to smaller carriers’ freight networks. With decades of experience and thousands of trucks, these brokerages can provide additional benefits compared to brokerages light on digital assets in...

https://www.freightwaves.com/news/small-fleet-recap-meeting-small-carrier-needs-with-werner

Check Call: Amazon ‘Gone Getcha’

Group of people huddled around desks

Hot Takes

Image: Jim Allen/FreightWaves

Last Sunday through Tuesday, Amazon had Deal Days on top of its three-week Holiday Beauty Haul event wrapping up next Monday. In an effort to kick-start the holiday shopping and sales early, Amazon has amped up its efforts to get people buying. It has select days throughout October and November when certain big-ticket brands have deep discounts. 

We all know Amazon is king in the retail market, and at the rate it’s going, could it be the king of the...

https://www.freightwaves.com/news/check-call-amazon-gone-getcha

Uber Freight christens Chicago HQ, names head of logistics tech

Digital freight brokerage Uber Freight announced on Tuesday that it has completed the build-out of its global headquarters in downtown Chicago. It held a ribbon-cutting at the new space in the historic Old Post Office. 

In 2019, the division of Uber Technologies Inc. (NYSE:UBER) announced that it had signed a 10-year lease on the 450,000-square-foot space that would accommodate over 2,000 employees, including those from its Eats and Rides platforms, moving Uber Freight headquarters from San...

https://www.freightwaves.com/news/uber-freight-christens-chicago-hq-names-head-of-logistics-tech

Commentary: The week FreightTech grew up

Finding public exits, driving consolidation and scaling the next generation of startups

Last week, three major FreightTech deals in rapid succession made it clear that the segment has entered a new phase of maturation and increased sophistication. This is a story not just about the abundance of capital currently available for the best FreightTech startups — it’s also about what founders have learned about playing the FreightTech game and how their companies have changed.

On the morning of...

https://www.freightwaves.com/news/commentary-the-week-freighttech-grew-up

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