FreightTech

SONAR data will power Transfix’s predictive rating models for freight brokers.

The FreightWaves FreightTech 25 list shows some of the most cutting-edge technology in the industry and identifies several trends that could disrupt the sector moving forward.

Freight asset intelligence platform GenLogs is now using its carrier identification data to help law enforcement solve thefts.

Josh Allen, chief commercial officer at ITS Logistics, spoke Thursday about investments the logistics industry should make in 2025 to develop their companies and workforce.

Intermediaries and incumbents roared back in the FreightTech 25 rankings during a protracted soft market for freight.

FreightWaves’ F3: Future of Freight Festival continued into its second day with more rapid-fire FreightTech demos on Wednesday.

Speaking at FreightWaves’ F3: Future of Freight Festival, John Larkin, senior partner at Venture 53, discusses what he looks for in an early stage company.

FreightWaves’ F3: Future of Freight Festival saw speedy demos from over a dozen industry innovators sporting all kinds of FreightTech.

As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.

Less-than-truckload booking platform MyCarrier announced Wednesday it has acquired supply chain payments platform Curant.

ShipHero is separating its warehouse management system from its fulfillment business by launching a subsidiary 3PL, LVK, to better focus on customers. The move is to better position itself in the industry as the freight recession continues and venture capital in the FreightTech community becomes scarcer.

MyCarrier asked a Delaware judge to stop project44 from cutting off visibility data to MyCarrier.

FreightTech hasn’t solved freight fraud, and regulators can’t figure out who is regulating it. Is there a solution?

Ex-Slync CEO Chris Kirchner was sentenced to 20 years in federal prison Thursday in the U.S. District Court for the Northern District in Fort Worth, Texas.

Ex-Slync CEO Christopher Kirchner was found guilty Thursday of four counts of wire fraud and seven counts of money laundering following a four-day jury trial in the U.S. District Court for the Northern District in Fort Worth, Texas.

Fleet telematics provider Samsara Inc. (NYSE: IOT) filed suit against rival Motive Technologies in federal court Wednesday, alleging Motive, formerly KeepTruckin, copied and used its proprietary technology and engaged in false and misleading advertising.

FreightWaves spoke with experts from across the supply chain about technology lessons learned in 2023 and what strategies will succeed in 2024.

FourKites’ president is no longer with the company. He joined in April. The visibility platform announced other new leaders on Wednesday.

This year’s list saw a sizable shake-up, with 17 newcomers and a high number of mainstays being left off the FreightTech 25.

Innovation in freight goes beyond technology. While many major FreightTech companies have gone bankrupt, it does not mean that innovation is lacking or that every tech company is doomed to fail.

Find out who the unsung FreightTech disrupters are and how they provide unique tools to help shippers.

Startup Flipturn really was named for the swimming maneuver. Now it wants to make trucking electrification just as smooth.

Convoy’s new system uses machine learning and other tools to identify possible fraud.

Investors are looking for revenue quality and efficient growth.

According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.

Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to […]

Yesterday’s emerging technology is today’s table stakes for supply chain participants.

Like many FreightTech companies that have laid off workers in recent months, CloudTrucks blames the declining freight market for the job cuts.

Four supply chain-focused firms have secured a combined $70 million in funding amid a sluggish investment market.

“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.

“TrueTMS carries a price point that is affordable for a one- to 20-truck operator to purchase,” says T3 Tech’s George Thellman.

Freight reservation aggregator Freightos issued its first earnings report as a public company. Reducing losses continues to be a challenge in a difficult economy.

Less-than-truckload booking platform MyCarrier is automating insurance coverage for the 10,000 shipments it is booking daily.

In partnership with Parade, McLeod Software’s digital freight matching API equips brokers with best-in-class capacity management.

Supply chain technology startups have “a level of staying power,” says Ironspring Ventures investor Natan Ruddy.

7LFreight is a Freightos company that gives freight forwarders the ability to compare less-than-truckload prices by lane and execute a move.

Freight technology buyers should carefully assess their mindset when it comes to purchasing new technology in times of a less robust market.

With investor appetite shrinking, will FreightTech companies feel the pain in 2023? A recent survey shows mixed results.

IFS democratizes 3PL software for companies large and small.

Por segundo año consecutivo, project44 ocupa el primer puesto

The 2023 list saw a mix of award mainstays and brand-new names. Nos. 1 through 7 all claimed their fifth straight award — meaning they’ve found their way on the FreightTech 25 each year since 2018, when the series was founded.

San Francisco-based Loop wants to simplify logistics payments through a fundamentally different approach to technology.

Powerfleet takes the high cost and complexity out of data integrations.

An overview of F:3 Future of Freight Festival, Day 3.

Innovative partnerships between companies like Parade and Truckstop are changing the way brokers find carriers and cover loads digitally

Warehouses are turning loss to profits with CartonCloud’s WMS.

Woodlawn Partners leads the debt and equity co-investment with Monroe Capital.

“Their truck-first mentality is the right approach to win the highly fragmented road freight industry,” says a Founders Fund partner on its recent investment.

FreightTech 100 nominations end soon It’s the second most wonderful time of the year behind college football returning. If you or someone you know is innovating or disrupting the freight […]

La startup tiene un enfoque único de distribución y monetización

The startup will hit an $11 million annual run rate in September.

Crowley Solutions CPO Shashank Panchangam explains how siloed data will stall the industry’s fintech future.

This white paper explores the challenges in the logistics procurement market and the tactics best-in-class teams use to regain control of capacity and cost while ensuring procurement excellence.

“This allows Samsung to set a new bar of service levels for logistics customers, and Vizion supports this through hyperfocus on enhanced visibility technologies,” said Kyle Henderson, co-founder and CEO of Vizion.

“While this was not an easy decision to make, restructuring our organization keeps us on a path of success, provides the opportunity to improve efficiency and collaboration and allows us to better address the evolving needs of our customers,” said project44 founder and CEO Jett McCandless.

Redwood is focused on bringing together a number of strong solutions that already exist. The open supply-chain ecosystem enabled by RedwoodConnect operates more like an app store than a single application, facilitating the ability to integrate a variety of solutions.

The company specifically runs its fleet on Interstate 5 using proprietary technology to relay drivers.

As the economy corrects itself, where does VC stand?

To a certain extent, if you don’t have buy-in, then don’t buy it. So many tech initiatives fail to launch because the team in charge of using it is not set up for absolute success.

Shippers should reconsider the pecking order of asset-based trucking companies first, brokerages second.

CEO Brett Suma lays out Loadsmith’s definition of capacity as a service.

Mexico-based digital freight forwarder Nowports has achieved unicorn status after closing a $150 million series C round.

FreightWaves SONAR is the industry’s leading and fastest freight forecasting platform. SONAR provides the clearest insight into freight pricing, and subscribers can reliably forecast supply chain demand and capacity by […]

As spot rates tumble, shippers should consider rerunning their RFPs to lock down better prices.

The accelerator firm’s Supply Chain Innovation Platform connects Fortune 500 companies with FreightTech startups for continuous logistics innovation and efficiency.

“FreightTech is only as good as the relationships that FreightTech enables and the data feeding into freight technology,” said Michael Johnson, EVP of strategy at Redwood Logistics.

MVMNT’s complete freight management platform gives you control over your freight without the disproportionate cost of a traditional TMS.

The $12 million from Level Equity draws the previous biggest investment in WorkHound, which was just over $2 million.

TriumphPay takes the hassle out of carrier payments, allowing brokers to focus on what they do best.

“If you are a startup or anyone looking to get your name out there, there is no better way than to start with these events,” says Emerge founder and CEO Andrew Leto.

It is not likely that routing guides are going to become extinct, but they will be smaller, more shallow and very much digital.

In today’s episode, we talk about the challenges of tracking freight, and how we can change telephone calls into telematics updates. Our special guest is Ryan Rogers, CEO of freight location tracking startup TextLocate.

For many large carriers, communication is automated, but those fleets are in the top 1% of all registered carriers. For the rest of trucking, tracking still involves a phone call. In this episode, we look at ways to make tracking methods transparent and available to all.

Is it possible to make this simpler?

“There’s no other solution out there that has done this,” said Parade CEO and co-founder Anthony Sutardja. “We have really led the way in defining digital bidding and digital booking across our partner capacity networks.”

Parade garners impressive support from both Silicon Valley and Freight Alley.

The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.

No. 7 on FreightWaves’ 2022 FreightTech 25 is landing $935 million in a series E round led by Andreessen Horowitz and MSD Partners.

Chicago-based on-demand freight marketplace closes on $200 million series D round.

Centerboard’s newest API solutions are designed to provide customizable integration for shippers and technology providers.

“It’s the sunk cost fallacy. It’s human nature to want to stick with something you have invested so much in but, at the end of the day, no technology is going to last forever,” says Kinetic co-founder on continuously investing in FreightTech as your business grows.

SMC³ has fully embraced the FreightTech age and plans to continue innovating its LTL pricing and bidding tools in 2022.

Sandeep Kar, Noregon’s new chief strategy officer, pinpoints the issues facing his industry and his priorities in his new role.

Supply chain visibility provider project44 sees record top-line growth during the fourth quarter, with bookings, account wins and retention coming in better than expected.

From relay networks to industry unicorns, FreightWaves looks at technology trends that will continue to transform supply chains into the new year.

Players in the FreightTech space have continued to thrive despite challenging market conditions. Second-generation FreightTech startup Emerge led the pack in growth and ingenuity throughout 2021.

The logistics startup has wrapped up its series B funding round.

Ryder and Blume Global demo their Rydershare and ConnectGo Live freight technologies during FreightWaves’ Domestic Supply Chain Summit.

Supply chain tech is increasingly driven by late-stage venture capital activity.

These are the top 25 companies considered “the most transformative and innovative companies in FreightTech,” said FreightWaves CEO and founder Craig Fuller.

Company demos presented during FreightWaves’ F3 Virtual Experience show how automation can provide cost and time savings.

The Gartner research VP will also share his views on data, AI and sustainability.

FreightWaves’ Kevin Hill sits down with Michael Newcity, ArcBest’s chief innovation officer, during the F3 Virtual Experience to discuss the importance of customer collaboration in building winning technology solutions.

Stuart Scott, J.B. Hunt’s chief information officer, said technology such as the cloud and automation are the future of freight.

Echo Global Logistics’ Mike Mobley and Jamie Petrzelka detail the benefits of leveraging the company’s experts to manage transportation networks.

FreightWaves CEO Craig Fuller describes the current and future opportunities in supply chain technology.

Overlapping crises have pushed the race for global visibility into a critical stage.

More than 220 of the most innovative freight companies were nominated. Those were narrowed down to the top 100.

Freight Tech has a glow up moment, the future of electric vehicles, and long tender lead times in Georgia.

FreightTech got its glow up this month. Automation is king and low emissions are the way of the future.

Last week’s Transfix, project44 and Emerge deals herald a maturing FreightTech space.