digital freight

Scottsdale, Arizona-based digital freight marketplace Emerge announced Thursday morning that it has closed a $130 million Series B funding round led by 9Yards Capital, Tiger Global Management, and The Spruce House Partnership. Existing investors New Road Capital Partners and Greycroft also...

With China's Full Truck Alliance moving toward an initial public offering in U.S. equity markets, its prospectus is giving potential investors, competitors and potential customers a look into the online logistics' platform's finances and business operations. Full Truck Alliance filed a...

Simplicity — Coyote's guiding philosophy in its quest to make the diverse marketplace easier to access regardless of the end user — has served the company well. After its founding in 2006, Coyote had quite a decade. By 2014, it was large enough to acquire Access America for an estimated $260...

Emerge​, a Scottsdale, Arizona-based digital freight marketplace, announced Tuesday it has closed a $20 million Series A financing led by NewRoad Capital Partners, a growth equity capital firm based in Rogers, Arkansas. The round also includes Greycroft and 9Yards Capital, among other investors....

This week Chicago-based Edge Logistics launched its digital freight-matching platform Capacity, a web portal that makes the brokerage's private load board transparent to carriers and allows them to bid on and book loads. Capacity is unusual because Edge is a fairly small freight brokerage with $49...

Saloodo! has launched a new one-stop digital trucking platform offering road freight connections for South Africa domestic shipments and international movements to neighboring countries. The logistics-start-up, a subsidiary of Deutsche Post DHL Group, will use South Africa as a "launch-pad" into...

The news about Convoy raising capital at a multi-billion dollar valuation got me thinking again about innovation, technology, and disruption in the freight brokerage market. It also comes on the heels of; "What Are Digital Freight Brokers Worth?", an extensive research report published by...

Convoy, the Seattle-based digital freight brokerage (DFB), is in the process of raising a Series D round of venture capital funding and is asking for a $3 billion valuation, FreightWaves has learned. The amount of money Convoy wants to raise has not been confirmed, but a typical round of that...

The digitization of the supply chain industry has been all the buzz in recent years. From lumpers on the freight docks in Erie, Pennsylvania to the Patagonia-clad investors of Silicon Valley, everyone seems to be talking about technology "disrupting" logistics. The areas of disruption and...

  Berlin-based logistics start-up sennder has raised an undisclosed amount in its Series B financing, which saw the participation of U.S. venture capital firm Accel and previous investors Holtzbrinck, Project A and Swedish auto major Scania. sennder is one of the largest digital freight...

Online freight logistics start-up Shipwell has announced the introduction of its load board within its cloud-based freight management platform. Shippers and 3PLs on the Shipwell platform can now access their own load boards – which can either be company-specific or the overall private...

Choptank Transport is on a mission to turn its remaining manual processes into more efficient digital strategies. The quick-growing logistics service provider is hopeful that the transformation will bring revenue growth and help scale the business. Choptank has partnered with Trucker Tools to make...

This morning Convoy, the Seattle-based digital freight brokerage, announced that it has added a new feature—automated bidding for carriers—to its Request a Load offering. Convoy will now automatically bid on loads for carriers based on rate, preferred lanes, and pickup dates specified...

Kargo Technologies, an Indonesia-based logistics startup, has raised $7.6 million in its seed round of funding, led by Sequoia Capital India. The investment round also saw Uber founder Travis Kalanick's 10100 Fund join the funding round, along with Patrick Walujo, the co-founder of Northstar...