Parade

Parade secures $17M from I Squared Capital for AI endeavors

Capacity management platform Parade announced Thursday it has closed a $17 million venture round led by I Squared Capital to continue enhancing its product.

“We’re excited to lead Parade’s funding round at a transformative time for the freight industry, which is on the cusp of a tech revolution. Parade’s AI-driven solutions are poised to unlock huge productivity gains in this industry often characterized by cautious adoption of technology,” said Kevin Crull, global infratech fund partner at I...

https://www.freightwaves.com/news/parade-secures-17m-from-i-squared-capital-for-ai-endeavors

FreightTech enables brokers to work smarter, not harder

The digital disruption of freight has created something of a Catch-22 for brokers: New technologies have made it possible to do more with less, but instead of alleviating their day-to-day stresses, the propensity to do more has spurred brokers to work even harder.

McLeod Software understood that in a faster freight environment, the brokers with digital freight matching tools will always have an advantage. So, to best equip its broker customers, the transportation software provider partnered...

https://www.freightwaves.com/news/freighttech-enables-brokers-to-work-smarter-not-harder

Parade unveils new capacity management and pricing tools

Whether it’s certain lanes or carrier partnerships, every brokerage has some kind of advantage in the marketplace. Whatever your strengths, leaning into them is your best move.

But fully utilizing your carrier network is easier said than done, even more so when you use disparate capacity management platforms.

The reality is that freight brokerages left in information silos have little chance to maximize capacity and build out their carrier relationships.

This no longer has to be the case. Now,...

https://www.freightwaves.com/news/parade-unveils-new-capacity-management-and-pricing-tools

Never miss a quote again

Nothing frustrates a broker more than discovering a better-priced quote was left on the table. For every load posted, how many quotes or available trucks go unnoticed?

Besides leaving money on the table, brokers may find that their matchmaking difficulties may also be stunting the growth of their capacity network.

It often goes that you don’t know what you’ve got until it’s gone. But brokers today can ensure they never miss a quote.

Parade, the leading capacity management platform for freight...

https://www.freightwaves.com/news/never-miss-a-quote-again

Never forget a carrier again

Each and every carrier interaction leaves behind little clues. Whether you receive a quote or a driver’s location or a description of what equipment the carrier uses or its favorite lanes, brokers can learn a lot from bits and pieces of information.

Historically, brokers haven’t collected this data. Why? Well, they simply lacked the time and the tools to save such insights.

Things are further complicated by tribal knowledge silos that form when the same carrier works with different people at the...

https://www.freightwaves.com/news/never-forget-a-carrier-again

Parade equipping freight brokers with digital blueprint

Supply chain volatility this past year has put tremendous pressure on freight brokers to manage the madness, pushing them to the limit as shipper requests multiply. It’s been equally frustrating for carriers looking to keep up with the fast pace of the industry.

Anthony Sutardja, CEO and co-founder of Parade, said it’s been challenging for some to build strong relationships and quickly find capacity amid such rapid growth. Worse, the exorbitant prices of FreightTech solutions have left many...

https://www.freightwaves.com/news/parade-equipping-freight-brokers-with-digital-blueprint

Parade raises $12.7M to ‘speed up tech enablement for freight brokers’

Truckload capacity management platform Parade announced Wednesday it has closed a $12.7 million series A led by Menlo Ventures with participation from Greenhawk Capital, Jones Capital, The House Fund, Oriza Ventures and a number of undisclosed angel investors within the FreightTech and supply chain communities.

Parade’s customer base grew by 500% last year and freight brokerages like brokerages like Armstrong Transport Group, Schneider and Worldwide Express have leveraged the capacity management...

https://www.freightwaves.com/news/parade-raises-127m-to-speed-up-tech-enablement-for-freight-brokers

SmartHop hires Uber alum Liu, opens New York, Colombia offices

Following a $12 million funding round announced in February, SmartHop is moving forward quickly with new hires and expansion of its services.

The company, which uses artificial intelligence to deliver smart load recommendations, full-service back-office support and fintech products for small trucking companies, announced the appointment of Amy Liu as chief of staff. Liu is the first employee in the company’s new New York City office.

SmartHop also announced the opening of an office in Bogota,...

https://s29755.pcdn.co/news/smarthop-hires-uber-alum-liu-opens-new-york-colombia-offices