FreightTech 25

FreightTech 25: KeepTruckin focuses on innovation in 2020

KeepTruckin named to FreightTech25 2021 list

As COVID-19 surged in March, fleet management company KeepTruckin was forced to make some tough business decisions, including laying off 18% of its workforce, to ensure its survival as it waited to understand the pandemic’s full impact on the global economy and its customers.

After the initial supply chain disruptions, KeepTruckin, headquartered in San Francisco, said it saw exceptional growth in the overall freight marketplace as new carriers flooded the market to keep up with capacity demands.

T...

https://www.freightwaves.com/news/freighttech-25-keeptruckin-focuses-on-innovation-in-2020

Baton driving out first-/last-mile costs for long-haul drivers

The 2021 FreightTech 25 welcomed several newcomers to the ranking of the most innovative and disruptive companies in the freight industry, and trucking technology startup Baton was one of them.

Landing at No. 13, San Francisco-based Baton makes software that optimizes the first and final mile of long-haul truck routes using a network of 24/7 drop zones and local drivers. Truckers drop off and pick up their cargo at the secure zones, which are near major metropolitan areas.

Founders Andrew...

https://s29755.pcdn.co/news/baton-driving-out-firstlast-mile-costs-for-long-haul-drivers

FreightTech 25: Flexport demystifies trade with more visibility tools

Container vessel image looking down from the air. Flexport logo on the water.

Flexport, the San Francisco-based freight forwarder that endeavors to streamline trade by connecting all supply chain parties on a single digital platform, ranked 10th in the 2020 FreightTech 25. And with good reason.

The FreightTech 25 is a FreightWaves award in which 80 members of the freight community, including investors, rank the most innovative and disruptive companies in the sector. 

Flexport continues to make technology investments and is letting developers tap into its ecosystem to...

https://s29755.pcdn.co/news/freighttech-25-flexport-demystifies-trade-with-more-visibility-tools

FreightTech 25: No. 9 Daimler drives trucking’s electric future

Daimler Trucks North America (DTNA) CEO Roger Nielsen declared his company’s intentions for alternative power in trucking nearly two years ago.

“The road to emissions-free transportation is going to be driven with battery-electric vehicles,” Nielsen told the ACT Expo in April 2019. “I believe the future is electric.”

Throughout 2020, the No. 9 company in the FreightTech 25 recorded hundreds of thousands of battery-powered electric miles as it prepares for regular production of electric trucks....

https://s29755.pcdn.co/news/freighttech-25-no-9-daimler-drives-truckings-electric-future

Refining innovation lands J.B. Hunt in FreightTech 25 top 10

J.B. Hunt Chief Commercial Officer Shelley Simpson presenting at FreightWaves Live Chicago 2019

Technology and innovation have become the hallmark of one of North America’s largest supply chain solutions providers, J.B. Hunt Transport Services (NASDAQ: JBHT). The company took home another top-10 finish, sliding three spots to No. 7 on the 2021 FreightTech 25.

The Lowell, Arkansas-based company has become well known for its digital transformation, which has centered on a $500 million investment in digital freight platform J.B. Hunt 360. The 360 marketplace connects shippers and carriers to...

https://s29755.pcdn.co/news/refining-innovation-lands-jb-hunt-in-freighttech-25-top-10

In 2020, disruption gave way to innovation at FourKites

FourKites named to FreightTech 25 list

The COVID-19 pandemic and ensuing economic shutdowns did not have the effect on freight that many thought they would. In fact, the initial disruptions caused by the shutdowns drove more interest in freight visibility solutions.

Few companies are more representative of that fact than FourKites. The real-time supply chain visibility company saw tremendous growth in 2020 with 140% growth in ocean customers and 138% growth in rail and intermodal customers over 2019. The company told FreightWaves it...

https://s29755.pcdn.co/news/in-2020-disruption-gave-way-to-innovation-at-fourkites

2020 has been wild ride for automaker Tesla

Tesla Inc. received an invitation to join the prestigious S&P 500 index in November.

It was the latest milestone for the electric vehicle maker and CEO/founder Elon Musk, capping a year during which Tesla’s growth and development reached new heights.

For its innovative technology and unique business model, Tesla was recently awarded fourth place in the FreightWaves FreightTech 25 awards for the most innovative and disruptive companies.

In July, Tesla topped Toyota as the world’s most valuable...

https://www.freightwaves.com/news/2020-has-been-wild-ride-for-tesla

FreightTech 25: No. 4 Platform Science grows collaborations

Growth stage fleet management software maker Platform Science entered several collaborations in 2020. It moved up six places to No. 4 on the FreightWaves FreightTech 25.

The biggest deal was with Daimler Trucks North America (DTNA). Beginning in 2021, its customers can use third-party telematics and connectivity services directly from their trucks without installing aftermarket hardware. Platform Science software will be built into DTNA telematics hardware at the factory. 

Platform Science’s...

https://s29755.pcdn.co/news/freighttech-25-no-4-platform-science-grows-collaborations-in-2020

project44 earns high accolades as industry unifier

For the third year in a row, project44 ⁠— a Chicago-based supply chain visibility platform ⁠— came in second after Amazon in the FreightTech 25. This pandemic-struck year proved, more than ever, the industry’s need for increased visibility, agility and digital unification, a goal that project44 has been actively pursuing since 2014. 

Narrowed down from the FreightTech 100, 2021’s list of 25 industry disruptors was ranked by 80 members of the logistics community, ranging from venture capitalists...

https://s29755.pcdn.co/news/project44-earns-high-accolades-as-industry-unifier

Convoy’s innovation recognized with No. 3 ranking on FreightTech 25

Convoy named to FreightTech 25

For the third straight year, Convoy has landed in the top four on FreightWaves’ annual FreightTech 25 list of disruptive and innovative companies in the freight ecosystem.

After landing at No. 4 on the inaugural 2019 list, Convoy has landed at No. 3 two years in a row. Amazon has garnered the top spot all three years of the list.

The FreightTech awards nominations are narrowed down to the FreightTech 100, which is then voted on by a handpicked peer group of CEOs, industry leaders and investors...

https://s29755.pcdn.co/news/convoys-innovation-recognized-with-no-3-ranking-on-freighttech-25

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