CloudTrucks launches new offerings, acquires Shipwell’s brokerage

Trucking technology provider CloudTrucks recently acquired the brokerage arm of SaaS provider Shipwell to give its driver network more consistent loads and revenue streams.

“We have been obsessing over what truck drivers need in the market,” CloudTrucks CEO and co-founder Tobenna Arodiogbu told FreightWaves.

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]],...

https://www.freightwaves.com/news/cloudtrucks-launches-new-offerings-acquires-shipwells-brokerage

FOSC chat: Shipwell CEO on how disruptions are reshaping food supply chains

A man and woman sitting in leather chairs with a blue screen behind them with the words The Future of the Supply Chain written on it.

This fireside chat recap is from Day 2 of FreightWaves’ Future of Supply Chain live event in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Food supply chains in an era of disruption

DETAILS: The war in Ukraine, inflation and a freight market downturn. They’re just some of the disruptions affecting the food supply chain. What does it all mean?

SPEAKERS: Greg Price, co-founder and CEO of Shipwell, and Rachel Premack, editorial director,...

https://www.freightwaves.com/news/shipwell-ceo-on-how-disruptions-are-reshaping-food-supply-chains

Holiday season in peril: Disruptions could leave shoppers, retailers disappointed

Supply chain disruptions could mean fewer presents under trees this Christmas

As supply chain disruptions have gone mainstream in 2021, it has had an immediate impact on the shopping plans of Americans heading into the holidays. A recent parcelLab survey found that 50% of U.S. consumers plan to have their 2021 holiday shopping completed by Cyber Monday – the unofficial kickoff of the e-commerce holiday shopping season.

The Holiday 2021: Consumer Preferences and Expectations survey, conducted in partnership with third-party research firm YouGov, also found that 5% had...

https://www.freightwaves.com/news/holiday-season-in-peril-disruptions-could-leave-shoppers-retailers-disappointed

Shipwell: Reducing food waste one on-time shipment at a time

Shipwell technology can help reduce food waste in supply chains.

In the U.S., 30%-40% of food produced is wasted, according to the EPA. Food waste can occur on farms, in the supply chain, at stores and in homes.

How much of that spoilage occurs in supply chains? A lot — about one-third, according to Shipwell. The carbon footprint of food waste in the U.S. is larger than that of the airline industry, Jason Traff, co-founder and president at Shipwell, told FreightWaves.

Unreliable predictions of demand, shipment delays, volatility in trucking markets, too much...

https://www.freightwaves.com/news/shipwell-reducing-food-waste-one-on-time-shipment-at-a-time

Shipwell introduces pricing intelligence tools for shippers

Shipwell has introduced new pricing intelligence tools to help shippers secure capacity while removing some of the guesswork on pricing.

The tools, which were announced Tuesday morning, provide 14-day pricing forecasts, compare industrywide rates from thousands of sources to achieve accurate historical rate reviews and streamline recommendations into existing workflows to make managing multiple shipment variables easier.

“We knew there had to be a better way to build resilient and sustainable...

https://s29755.pcdn.co/news/shipwell-introduces-pricing-intelligence-tools-for-shippers

AI breaking down silos and improving e-commerce experiences

The fast acceleration of e-commerce is owed in part to the development of artificial intelligence. AI is what allows retailers to know what to stock, where to stock it and how to ship it. And often, AI is working hard for consumers in the background without them even knowing it.

“[AI] is the glue that can connect the good customer experience digitally to … the store [experience],” Sudhir Balebail, program director for IBM’s (NYSE: IBM) Sterling Order Management System, told Modern Shipper. “The...

https://s29755.pcdn.co/news/ai-breaking-down-silos-and-improving-e-commerce-experiences

Making shipping IT pitch attractive to investors (with video)

FreightTech Venture Summit

Shipwell has succeeded in securing three rounds of investment since its start in 2016. The millions of dollars have allowed the company to rapidly grow its business into an industry-recognized freight transportation management platform.

Greg Price, Shipwell co-founder and CEO, said success at attracting venture capitalists to invest in your business requires the presentation of a compelling product that is backed by sound metrics.

“You’re going to have to specialize and find that niche that you...

https://www.freightwaves.com/news/making-shipping-it-pitch-attractive-to-investors-with-video

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon