Scaling a freight brokerage has never been an easy task, and current economic challenges have prompted many companies to take their focus away from growth and innovation. When margins are slim and freight is hard to come by, it’s natural for decision makers to be wary of making new investments. Loadsmart is doing it anyway. […]
ATRI’s recently released study on the costs and impacts of driver detention found detention times exceeded four hours in 4.9% of stops.
Loadsmart CEO Felipe Capella said there’s “massive value potential for the whole freight industry” by applying computer vision technology.
The freight market, like many sectors, operates in cycles. Currently, it’s in a deflationary state. However, it’s crucial to remember that downturns are not permanent; they are simply one market phase. This period of contraction presents an ideal opportunity for shippers and freight companies to regroup, reassess their strategies and prepare for the anticipated upswing. […]
Unlock the full potential of your freight procurement RFP. As a high volume shipper, building a stable carrier portfolio is crucial, and a well-run RFP is the first step towards achieving that. This technical guide goes beyond the basics, providing insights on fixing overlooked flaws in your procurement process you didn’t know were broken. We’ll […]
“Now, stone yards across the country can get on our site, find a load of stone, get the shipping cost and book a truck in a matter of minutes,” said StoneLoads CEO Patrick Wells.
This week: Loadsmart teams up with The Home Depot Foundation to support veterans, Ruan aids community after celebrating its 90th anniversary, and Walmart donates to nonprofits at the grand opening of a new e-commerce fulfillment center in Pennsylvania.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
Attracting and retaining top talent isn’t easy; Lunar New Year has begun, Loadsmart reaches unicorn status; and the Midwest braces for winter weather.
Chicago-based on-demand freight marketplace closes on $200 million series D round.
The partnership between Trucker Path and Loadsmart aims to provide more freight hauling opportunities to small carriers and owner-operators.
“Leaders should realize that you’re not going to get a lot of benefit by trying to build volume with negative margins. The goal here is to be focused on value-adding technology and cloud adoption, not in volume building,” says Loadsmart co-founder and co-CEO Felipe Capella.
Blythe Brumleve, host of FreightWaves’ Cyberly, discusses supply chain optimization with Loadsmart’s Ben Buchanan.
FreightTech companies demonstrated products and services designed to improve efficiency in supply chains.
Since July 2020, the Outbound Tender Rejection Index has sat above the 20% mark, meaning nearly one in five loads that shippers tendered were rejected by carriers for higher-paying loads in the spot market. While many shippers wait desperately for rates to return to normal, analysts suggest that the market is not expected to normalize […]
On this episode of FreightWaves Insiders, Dooner catches up with Loadsmart’s Jim Nicholson to talk about delivering award-winning service.
“I think about the fact that if we fulfill this mission, the world is better off and not many opportunities have that.”
This week: TA’s Register Round Up Campaign begins, Chicago-based Loadsmart gives back to the community and ParkMyFleet’s solar car race is thwarted by a breakdown.
FreightWaves’ Zach Strickland and Loadsmart Vice President of Operations Jim Nicholson chat about mode optimization, truckload consolidation and technology’s role in sustainable shipping.
SmartHop has tapped Amy Liu, formerly of Uber Elevate, as chief of staff and to help build out its New York office. The company also announced the opening of an office in Bogota, Colombia.
The Home Depot, a current customer of Loadsmart, was happy to see the brokerage continue its commitment to bring freight optimization to its supply chain.
On Wednesday, the company reported Q4 earnings and 208% of year-over-year growth.
LoadStop digitizes fleet operations with automated dispatch and carrier TMS.
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 […]
The partnership will give shippers access to smaller trucking operators.
LoadSmart and Uber Freight attract venture-style capital from traditional investors.
In today’s edition of The Daily Dash, spot rates could be heading higher yet again. Plus, truckload carriers wonder if we are in peak season or a new normal; and a Texas group tackles tort reform.
In today’s edition of The Daily Dash, J.B. Hunt is not expecting a slowdown in freight through at least the first quarter of 2021. Plus, Nikola Corp. and General Motors continue talking about a battery agreement, and some roads are just made for truckers.
Loadsmart has added less-than-truckload (LTL) and rail services as the digital freight brokerage continues to expand its multimodal offerings. The expansion, announced Tuesday, allows customers to book shipments across all major transportation modes, building on existing capabilities for truckload, port drayage and transload. “Loadsmart is now a one-stop-shop logistics solution for domestic freight,” said Felipe […]
COVID’s disruptions have created an acute awareness of the need for innovation.
Smart Drayage platform aims to automate the largely manual processes of container retrieval.
“By employing remote drivers, we can make trucks fully driverless while still keeping humans in the loop,” said Seltz-Axmacher.
Sune Stilling, head of Growth for Maersk, right, said the investment fund is focused on companies that keep the customer — not a billion-dollar valuation — in mind when developing their solutions.
Learn how to increase profitability with Loadsmart’s Smart Matching
Maersk and Ports America onboard with app designed to optimize fraught process of picking up boxes.
FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else? Last year, FreightWaves created a FreightTech Venture Index to track the venture capital (VC) investing in FreightTech startups. The term FreightTech is defined loosely as software companies and other technologies that aid in […]
Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.
Digital freight brokerage LoadSmart and self-driving startup Starsky Robotics announced they have successfully priced, booked and delivered two loads of freight without human intervention.
Loadsmart, a digital freight brokerage, today announced a collaboration to provide Oracle Logistics Cloud customers instantly bookable truckload rates and guaranteed capacity from its network of carriers directly in Oracle Transportation Management (OTM) Cloud. Fortune 500 customers such as Kraft-Heinz and The Coca-Cola Company can now leverage Loadsmart’s dynamic routing guide technology within the OTM […]
From driver health concerns to snow build-up on equipment, braving the winter months often requires carriers to plan in advance. Spireon hosted a webinar in collaboration with FreightWaves earlier this week to offer carriers tips on how to best prepare their drivers and their fleets for winter weather.
FreightWaves announced the Freight.Tech 25 at MarketWaves 18 last month. The list highlights the most innovative and disruptive companies in transportation and logistics. Digital freight broker Loadsmart snagged the number 22 spot on the list with its automated platform, which allows for server-to-server booking with no human interaction.
Loadsmart, a logistics technology company that uses data analytics to provide instant quotes and capacity, has raised its Series A financing led by Maersk Growth.
Loadsmart is changing the traditional freight brokerage business by using data analytics to provide instantaneous quotes to shippers for freight hauling.
Daimler in association with Loadsmart is launching its custom digital platform for its contracted freight carriers in the U.S. to match them with the company’s spot loads.
In the future of freight, relationships will take a back seat to data and how carriers use the data to speed price and capacity discovery.
