Parade.ai

Real-time freight intelligence with AI

Capacity management is one of the key hurdles that any freight broker working in carrier sales has to navigate. Anthony Sutardja, co-founder of Parade, sat down with John Kingston of FreightWaves to discuss how new AI carrier sales software can find and aggregate capacity as well as streamline transactions. 

“We build software for freight brokers born out of the dust of digital freight brokerages,” said Sutardja. 

AI capacity management, as Sutardja calls it, includes everything that the broker...

https://www.freightwaves.com/news/real-time-freight-intelligence-with-ai

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

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

Loadsmith taps Parade to scale capacity management, deepen carrier relationships

Loadsmith ⁠— a fast-growing midmarket brokerage in Denver ⁠— has selected San Francisco-based Parade as a core technology partner to accelerate its capacity management and digital brokerage platform. 

To maintain its authentic customer and driver experience in the transition, Loadsmith has also selected Los Angeles-based branding agency La Visual to collaborate with the Parade architecture and create a cohesive Loadsmith-branded experience not just for carriers but for the internal carrier sales...

https://www.freightwaves.com/news/loadsmith-taps-parade-to-scale-capacity-management-deepen-carrier-relationships