Forager Logistics

Forager’s Silver: Shared vision key to finding the right investors

Matt Silver, the CEO and co-founder of Forager, with Michael Vincent during FreightWaves' FreightTech Venture summit

When it comes to finding a good capital partner, Matt Silver, the co-founder and CEO of cross-border digital freight marketplace Forager, said the startup has been lucky to attract backers who understand its business. Among them: Montreal-based TFI International (NYSE:TFII), one of the largest trucking and logistics companies in North America, led Forager’s pre-seed round. 

“You’re looking for someone who believes in what you’re doing equally with what they’re doing, and they buy into your...

https://s29755.pcdn.co/news/foragers-silver-shared-vision-key-to-finding-the-right-investors

Forager brings new level of transparency to cross-border shipping

The logistics industry has been characterized by cutthroat competition and overall opacity since the very beginning. As technology advances and visibility increases across the sector, the call for increased transparency grows. 

Leading cross-border freight expert Forager has crafted its pricing and booking portal, SCOUT by Forager, to help answer that call. 

Forager’s new website allows users to see all the company’s rates and service fees.

“There are constant themes of lack of trust and...

https://www.freightwaves.com/news/forager-brings-new-level-of-transparency-to-cross-border-shipping

Canadian freight claws out from ‘deep hole’

A tractor-trailer of Canadian carrier Challenger Motor Freight

Canadian freight appears to have turned a corner — at least as far as truckload volumes are concerned.

At Challenger Motor Freight, one of Canada’s largest carriers, the change took shape after volumes bottomed out about two weeks ago.

“It’s coming back,” Challenger President Dan Einwechter told FreightWaves. “But we have a long way to go. It’s a deep hole.”

A key measure of Canadian truckload volumes, the Outbound Tender Volume Index-Canada (OTVI.CAN) on FreightWaves’ SONAR platform, had climbed...

https://www.freightwaves.com/news/canadian-freight-claws-out-from-deep-hole