More EBITDA losses at Uber Freight but Ron touts brokerage-TMS integration

The EBITDA losses keep piling up quarter after quarter at Uber Freight, but President Lior Ron offered nothing but optimism in an earnings preview interview, saying the integration between the legacy digital brokerage with Transplace is mostly complete and its future is looking up.

Uber Freight’s earnings before interest, taxes, depreciation and amortization for the first quarter, released Wednesday as part of the parent company’s (NYSE: UBER) earnings report, showed a loss of $21 million. That...

https://www.freightwaves.com/news/more-ebitda-losses-at-uber-freight-but-ron-touts-brokerage-tms-integration

Tai Software sharpens focus on FTL, LTL brokerage scalability

The FreightTech boom of the past decade provided the industry with a number of advancements in artificial intelligence (AI) and automation, delivering levels of unprecedented productivity. Nowhere has this had a greater impact than on transportation management systems (TMSs).

TMSs have revolutionized how logistics companies track day-to-day shipments and process freight quotes. The use of these systems is widespread and their tasks have multiplied, but not all TMSs are built equally. 

In the...

https://s29755.pcdn.co/news/tai-software-sharpens-focus-on-ftl-ltl-brokerage-scalability

MoLo Solutions takes Mastery’s TMS live

Chicago-based freight brokerage MoLo Solutions on Tuesday morning announced that MasterMind, Mastery Logistics Systems’ transportation management system (TMS), had gone live. MoLo is in the process of switching from its legacy TMS provider and migrated about 20% of its business into MasterMind beginning on Nov. 15.

For approximately the past year, MoLo served as a crucial “beta customer” for Mastery Logistics System, which was founded in 2019 by Jeff Silver, formerly of American Backhaulers,...

https://s29755.pcdn.co/news/molo-solutions-takes-masterys-tms-live

Envase adds Tailwind to expand TMS profile

Envase Technologies

Envase Technologies has acquired Tailwind Transportation Software to grow its transportation management system (TMS) offering to the North American trucking sector.

Financial terms of the deal were not disclosed.

Tailwind, based in Delta, British Columbia, offers TMS for freight forwarding, brokerage, intermodal and over-the-road trucking services.

“Our larger carriers with both intermodal and over-the-road fleets will benefit from access to a robust set of tools to help them efficiently manage...

https://www.freightwaves.com/news/envase-adds-tailwind-to-expand-tms-profile

Envase acquires SecurSpace for drayage storage

Envase Technologies

Envase Technologies has expanded its transportation management system (TMS) offering in the intermodal container and drayage space by acquiring SecurSpace, an online marketplace that connects truckers with available parking and storage lots.

“SecurSpace is highly complementary to our existing functionality, offering a technology-driven marketplace where trucks, chassis and containers can be stored in over 1,000 yards nationwide,” said Envase CEO Larry Cuddy Jr. in a statement.

“This is an...

https://www.freightwaves.com/news/envase-acquires-securspace-for-drayage-storage