Latest posts about DFM
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Arrive Logistics announces the opening of a new San Antonio office
July 28, 2022
Company officials said that this office can hold up to 350 employees and represents what Arrive called a continuation of its strategic expansion goals, driven by more than $300 million in funds raised in 2021.
New TIA 3PL Market Report shows ongoing solid market conditions
December 8, 2021
Total quarterly shipments increased 6.8%, from the second quarter to the third quarter, and saw a 10.6% annual gain, and total revenue saw a 10.3% increase, from the second quarter to the third quarter, while seeing a 36.1% annual gain.
Uber Freight’s acquisition of Transplace is a done deal
November 15, 2021
The July announcement that San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, was acquiring Frisco, Texas-based Transplace, a non-asset-based third-party logistics services provider, for roughly $2.25 billion and consisting of up to $750 million in common stock of Uber, was made official today.
Echo Global Logistics CEO Waggoner assesses market conditions, with an eye on the future
November 24, 2020
Logistics Management Group News Editor recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: capacity and rates, Peak Season, the election, and logistics technology, among others.
Torch Logistics closes pre-seed funding round
October 27, 2020
Torch Logistics positions itself as the lone network to specifically focus on on a commitment to the short-haul sector, with technology built for short-haul freight.
New Guaranteed Primary offering from Convoy helps shippers reduce freight costs by nearly 20%
September 17, 2020
In what it is calling a first of its kind approach to contract primary freight, Seattle-based digital freight network Convoy announced today it has introduced a new offering, entitled Convoy Guaranteed Primary. Convoy described this offering as an “industry-first pricing program to procure capacity for primary freight that reduces a shipper’s total cost by up to 19% while guaranteeing capacity.”
ZUUM Transportation raises $8.58 million in seed funding, bringing total raise to almost $13 million
August 31, 2020
ZUUM Co-Founder Matt Tabatabai explained that the key focus for ZUUM, since its 2016 inception, goes back to the defragmentation and decentralization, coupled with a lack of visibility, within logistics, which he called the biggest problem in the industry, and it comes with myriad inefficiencies.
New technology offering from Convoy has a sharp focus on safety
June 24, 2020
With an eye on establishing the safest carrier network possible for its shipper customers, Seattle-based digital freight network Convoy said today it has introduced a new predictive crash model that takes a multi-tiered approach through machine learning and automation, in an effort to qualify safe drivers.
New Armstrong & Associates’ report focuses on myriad facets of freight brokerage operations
June 17, 2020
Entitled “DIGITIZATION: The Convergence of Modern Freight Brokerage, Digital Freight Matching, and Automation in Domestic Transportation Management (DTM),” the report examines the digital transformation steps for becoming a digital freight broker, focusing on systems to augment a Transportation Management System (TMS) to digitize DTM, while also addressing what the firm called the “rapid technological changes” within the DTM third-party logistics (3PL) segment over the last five years. This follows a 2016 report produced by the firm, in which it coined the...
Trimble exec provides additional details about acquisition of Kuebix
February 20, 2020
After the deal was made official, LM reached out to Trimble with some additional questions about the deal, in terms of things like the integration process and next steps, with Kuebix in the fold, as well as trying to get some color on the biggest competitive advantages of this deal in a marketplace that is far from short of both established and emerging players.
Trimble’s acquisition of Kuebix is made official
February 12, 2020
The early January announcement that Sunnyvale, Calif.-based Trimble, a provider of end-to-end technology solutions to for-hire motor carriers, private fleets, freight brokerage, and third-party logistics providers, inked a definitive agreement to acquire Maynard, Mass.-based TMS provider and creator of the North America’s largest connected shipping community Kuebix, has now been made official, Trimble officials told LM.
Convoy introduces ‘hassle-free’ lumper payments within its mobile app
January 9, 2020
With this offering, the company said carriers are now able to request and receive lumper payment codes immediately and subsequently eliminate time-consuming phone calls and out-of-pocket expenses that typically take several weeks for reimbursement.
Convoy secures an additional $400 million in funding, with a focus on eliminating waste in trucking
November 13, 2019
Seattle-based digital freight broker Convoy said it has made continued inroads on the investment front in securing $400 million in Series D funding. Company officials said that a key objective with this round of funding is to eliminate hundreds of billions of dollars of waste in the trucking industry.
GlobalTranz introduces a new digital freight matching offering, GTZamp
July 11, 2019
Scottsdale, Ariz.-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, announced today it has rolled out a new digital freight matching (DFM) offering, entitled GTZamp (Automated Movement Planning) for enterprise shipper customers that meshes the speed and ease of DFM with enhanced, multi-movement planning capabilities.
Looking beyond the glitz and glamour of digital freight matching: questions for your DFM provider
May 17, 2019
While headlines trumpet startups that promise to fix one of freight shipping’s biggest inefficiencies, it’s too early to declare victory. Shippers must look at how can DFM help with strategic transportation challenges, not just individual shipments.