EBITDA losses at Uber Freight grew in the first quarter, but its president expressed strength in the company’s business model.
Uber Freight has set a goal to acquire over $2 billion in freight under management in Europe by 2028.
Uber Freight has rolled out new technology solutions for its TMS, procurement and use of generative AI.
Uber Freight’s negative EBITDA was improved from the first quarter, but revenue has declined steadily for more than a year.
Conceding digital brokerage got a “bad name” early on, Uber Freight’s Souder looks to add human element to the experience.
Uber Freight is cutting about 3% of its workforce, all of the jobs coming out of its digital brokerage activities.
Uber Freight’s Frank McGuigan, who played a key role in selling Transplace to the digital brokerage company, is leaving at the end of the month.
El presidente y director de operaciones dejará el cargo el 31 de enero, pero permanecerá en el consejo de administración de Uber Freight
Uber Freight’s EBITDA was barely positive in the third quarter on a decline in revenue.
The outlook for truckload demand is flat to down and more capacity continues to enter the market, according to Uber Freight senior economist Mazen Danaf.
La capacidad seguirá disminuyendo a medida que la producción de los fabricantes de camiones se recupera
For the second consecutive quarter, Uber Freight turned in a financial report that showed it as profitable by a key standard.
El EBITDA sube un 150% hasta los 5 millones de dólares
Waymo Via will reserve billions of miles of future autonomous trucking routes for digital load matching by Uber Freight.
Los altos precios del combustible podrían empujar a algunos
propietarios-operadores a abandonar el transporte por
carretera
As diesel prices spike and spot rates plunge, independent drivers wonder what their next move should be.
Aided by the acquisition of Transplace last year, Uber Freight posted positive EBITDA for the first quarter.
Data insights play a large role in company planning and responsiveness across all levels of the supply chain.
La empresa llevará el nombre de Uber Freight
The integrated firm will go live during the fourth quarter under the Uber Freight brand.
The consolidation program is the first major initiative announced since Uber Freight acquired Transplace last summer.
Also on the podcast: Transplace’s view of the supply chain and whether it’s getting any better.
The Future of Supply Chain on May 9-10, 2022, at the Rogers Convention Center in NW Arkansas.
With Transplace now in the fold, Uber Freight’s revenue topped $1 billion for the last three months of 2021.
With experience from J.B. Hunt, Penske Logistics and Transplace, Mark McEntire looks forward to his new role at procurement and logistics platform Emerge.
From relay networks to industry unicorns, FreightWaves looks at technology trends that will continue to transform supply chains into the new year.
The white paper tests a hypothesis that shippers struggle to move beyond green initiatives that coincide with what is also financially beneficial.
Onboarding accounts should be a bigger thing than it is; airports used as container storage yards; airfreight is now an affordable option; and a few more quarterly earnings dissected.
One of the three new investors, D1, already has significant investments in logistics.
The logistics arm of Cheema Freightlines announced it has acquired 3PL provider Walker Logistics.
The financial analysis of Uber Freight does not yet include the impact of Transplace, which the digital brokerage is acquiring.
Transplace’s new bookings are said to be a key reason for the improvement in its financial outlook.
The $2.25 billion deal is a “game-changer” and a “monster deal,” according to FreightWaves experts.
A united transportation platform with 2 companies focused on either side of the carrier/shipper divide is seen as driving $2.25B acquisition of Transplace.;
Intelligent Spot leverages leading-edge technology, a team of domain experts and a vast unbiased carrier network to true spot market execution.
It can be confusing for shippers to identify high-impact technology investments.
Leveraging more advanced data accuracy tools and processes, shippers and CPGs achieve a higher level of on-time performance by making more informed decisions in real time.
Carriers, logistics businesses and technology providers make the cut in 2020.
In this white paper, brought to you by FreightWaves and Transplace, we will take an in-depth look at how unlikely events — often described as white or black swan events — are driving supply chain and transportation professionals to seek out realtime alternative data to create a competitive advantage in their operations and finances.
The relationships a logistics business builds up over the years can prove highly valuable when it comes time to sell.
Transplace’s third acquisition of 2020 will help manufacturing companies manage inventory and orchestrate supplier networks.
Transplace collaborates with shippers and carriers to optimize financial and service performance with advanced logistics management technology and services.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Home Depot logistics center sells for $247M; $4.3 million in fake Air Jordans seized in Dallas; Alfagomma opens Mexican factory; Grupo Gondi chooses Transplace TMS. Home Depot logistics center in Dallas sells for $247 million One […]
Company is leveraging rail service for its Transplace customers.
Integrations lower the barrier to entry to Transplace technology.
Transplace expands its mode optionality and network optimization to parcel.
FreightWaves LIVE: EP 25 Industry Keynote w/ Transplace CEO Frank McGuigan and news on Erin Andrews at #FWLive
Partnering with the right 3PL provider allows access to a far-reaching carrier network, expansive capacity and a full spectrum of tools and resources.
This is part of our ongoing weekly feature called the “Online Haul of Fame.” FreightWaves will feature companies that have had a lasting impact on the trucking industry, past or present. Check out the Online Haul of Fame series posted each Friday on FreightWaves. M.S. Carriers was founded in Memphis, Tennessee by Michael Starnes in […]
As supply chains speed up, fulfillment windows shrink, and customer delivery expectations evolve, the need for comprehensive supply chain metrics, KPIs, and analytics will only expand.
New technology, capital, and business models have changed the competitive landscape.
Crowley Maritime Corp., part of Jacksonville, Florida-based Crowley Holdings Inc,. has realigned its marine services organization and introduced new leadership. Crowley Marine Services, part of the company’s shipping group, will be made up of three business segments: offshore service, ship assist and tank escort, and engineering services. Jeff Andreini, Porter Sesnon and Coulston “Cole” van […]
The companies share a vision of network optimization through continuous moves.
Frank McGuigan, CEO of Transplace, in a wide-ranging discussion at FreightWaves LIVE Chicago, detailed Transplace’s current status, market conditions, and how technology is driving an outcome-based business.
Investments in two AI companies in the past five years made Transplace’s optimization more powerful.
Transplace announced continued improvements in its payment processing platform. Through its ongoing collaboration with TriumphPay and Bank of America, the company said that continued progress is being made in improving speed, security and accuracy of payment processing on its platform.
Three heavy hitters to take the stage at FreightWaves LIVE next month in Chicago.
As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border trade will continue to expand. The key for shippers and carriers will be figuring out how they are going to tackle the market in the near future, said Jesus Alvarez, […]
Transplace’s 2019 Carrier Symposium in Dallas discussed the latest topics impacting the carrier industry, including both capacity excesses and shortages, ELDs, regulatory changes, and driver issues. Frank McGuigan, chief executive of Transplace, kicked off the symposium with a “State of the Business” address, saying supply chains are more complex than ever and expanding; and that […]
Transplace finds a disparity in consumer goods trade leads to large spread between north and southbound traffic – and a Canada backhaul “tax.”
All of the carriers on Transplace’s platform will integrate with Descartes MacroPoint by January 2020.
Executives from Redwood Logistics, Forager Logistics, and Transplace discussed the risks posed by new tariffs on Mexican imports.
Tracy Rosser tapped for executive vice president post at transportation management services provider after helping oversee big-box retailer’s transport and supply chain operations.
Transplace has announced the appointment of Matthew Harding as senior vice president of data science. Harding, who rejoins Transplace after a nine-plus year stay at Chainalytics, will lead the company’s data insights and analytics team. “Matthew brings extensive experience in transportation and logistics and deep expertise in utilizing market intelligence to deliver meaningful results,” said […]
CEO Frank McGuigan and CTO Jim French discussed customer-oriented technology, trends in digital brokerage, M&A, and the future of managed transportation.
The FreightWaves Research Institute has announced the list of 55 voters who will be choosing the inaugural winners of the Freight.Tech 25 awards, and it’s who’s who of freight leaders.
The deal marks Transplace’s eighth acquisition in seven years, according to Transplace CEO Frank McGuigan.
Customers in some cases can move back and forth between the rails and the roads, and how brokers deal with that was the subject of an IANA panel discussion.
Transplace, a leading provider of transportation management services and logistics technology solutions, today announced that it has joined the Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world.
Two separate deals kicked off this week’s big transportation news as Greenbriar Equity Group has acquired Transplace and Descartes said it was acquiring MacroPoint.
The I-95 Corridor Coalition is moving forward with research that will help it determine whether a mileage use tax is the right approach to taxing in Pennsylvania and Delaware, according to NBC 10 Philadelphia.
