SmartHop

Retailers look to get suppliers’ prices lower

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Retailers to exert more pressure on CPG companies and other suppliersWalmart shares (black) have...

https://www.freightwaves.com/news/retailers-look-to-get-suppliers-prices-lower

F3 chat: Helping smaller companies compete against mega-carriers

This fireside chat recap is from day 2 of FreightWaves’ F3 Virtual Experience. F3 runs continues today through Thursday and includes keynote speakers, fireside chats, live interviews, product demos and award presentations.

FIRESIDE CHAT TOPIC: Ryder + Smarthop: Investing in the future of small fleets

DETAILS: In today’s fast-paced market, small fleet owners need to truck smarter, not harder.Kendra Phillips and Guillermo Garcia discuss building a FreightTech startup tailored to the way the market...

https://www.freightwaves.com/news/f3-chat-helping-smaller-companies-compete-against-mega-carriers

Founders Camp returns to Chattanooga in 2021

In 2018, Smarthop was one of hundreds of startups hoping to carve out a niche in the North American logistics space. The company provides intelligent dispatching services and now offers full-fledged dispatch solutions for over-the-road owner-operators.

The experience the company gained at Founders Camp, powered by Dynamo, proved a crucial rung in Smarthop’s growth trajectory.

“There is no better way to describe Founders Camp other than life changing,” Guillermo Garcia, CEO and co-founder of...

https://www.freightwaves.com/news/founders-camp-returns-to-chattanooga-in-2021

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

The Daily Dash: Activist investor pushes change at Forward Air; LTL off to strong start

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, an activist investor is seeking changes to the board makeup at Forward Air. Plus, less-than-truckload carriers are reporting a strong start to 2021, and more manufacturers are looking at reshoring their source materials.

Activist intervention

In an open letter to shareholders on Wednesday, activist investor Ancora Advisors said it is looking for changes to the Forward Air (NASDAQ: FWRD) board.

Todd...

https://www.freightwaves.com/news/the-daily-dash-activist-investor-pushes-change-at-forward-air-ltl-off-to-strong-start

Union Square Ventures and RyderVentures back SmartHop’s $12M funding round

SmartHop receives funding from Ryder

What started as a way to help small truckers fill their trailers has grown into a full-fledged total dispatch solution for over-the-road owner-operators. SmartHop is now gaining plenty of support in its efforts to scale its business, including from heavy hitters such as RyderVentures.

SmartHop on Wednesday announced the close of a $12 million Series A funding round, led by Union Square Ventures and supported by RyderVentures, Equal Ventures and Greycroft. The new funding round brings SmartHop’s...

https://www.freightwaves.com/news/union-square-ventures-and-ryderventures-back-smarthops-12m-funding-round

The Daily Dash: Some advice for Pete Buttigieg; Strong earnings season continues

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, FreightWaves’ editorial staff offers up suggestions for new U.S. Department of Transportation Secretary Pete Buttigieg. Plus, a number of companies released strong earnings in the past two days, including Echo Global Logistics and Old Dominion Freight Lines, and looking back at Jeff Bezos’ logistics legacy.

Welcome, Secretary Pete, here are a few ideas to get you started

Pete Buttigieg has taken over...

https://www.freightwaves.com/news/the-daily-dash-some-advice-for-pete-buttigieg-strong-earnings-season-continues

SmartHop gives small trucking companies seat at table — and above-market rates

Chasing rates from one load board to another can leave you exhausted before you’ve even hit the highway. For over-the-road truckers, the long haul begins as a mental endeavor, persistently browsing the spot market for the best tender available.

The process is even more arduous for smaller carriers and owner-operators, as rates tend to favor the larger players. Those that aren’t well-connected with top shippers and brokers find themselves settling for rates at the bottom of the barrel.

Sure,...

https://www.freightwaves.com/news/smarthop-gives-small-trucking-companies-seat-at-table-and-above-market-rates

SmartHop snags another logistics partner

SmartHop, an early-stage startup offering a dispatch solution for small carriers, on Tuesday announced its partnership with Redwood Logistics, a third-party logistics company.

The companies will integrate Redwood’s API with SmartHop’s solution to streamline and increase opportunities for drivers and shippers.

“Nearly 90% of the trucking industry is powered by small carriers, yet the support available to these drivers is limited,” said Guillermo Garcia, CEO and co-founder of SmartHop, in a...

https://s29755.pcdn.co/news/smarthop-snags-another-brokerage-partner

Loadsmart, SmartHop partner to make digital freight networks more inclusive

A partnership between SmartHop, an early-stage startup offering a dispatch solution for small carriers, and Loadsmart, a more established digital freight brokerage and technology company, aims to offer more opportunities for drivers as well as shippers in a tight freight market.

The news, announced on Tuesday, marks a milestone for SmartHop, which was founded in 2017 and this summer raised a $4.5 million seed funding round.

New York City-based Loadsmart closed a $90 million Series C round in...

https://s29755.pcdn.co/news/loadsmart-partners-with-smarthop

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