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Freightquote developed a patented-technology platform to enable shippers to find competitive rates that can be compared [4] for their freight shipments, similar to that which travel websites provide. Performed online, customers input freight shipment information online, review carrier options, choose a carrier, book shipments and pay for services.
The DAT Network hosts more than 400 million freight loads and trucks per year. [6] The network consists of several load board subscription services for small to midsize carriers, freight brokers, and shippers. [1] [7] DAT provides a real-time truckload freight rate service. This is based on $150 billion of transactions annually, from actual ...
Flexport's software integrates and connects ERP data from various companies involved in a supply chain, which allows them to manage information about cargo and streamline freight processing. [5] As of 2017, it had raised $304M, including $110M in a Series C round .
This is a list of free and open-source software (FOSS) packages, computer software licensed under free software licenses and open-source licenses. Software that fits the Free Software Definition may be more appropriately called free software ; the GNU project in particular objects to their works being referred to as open-source . [ 1 ]
Matt Tillman, a serial tech entrepreneur, had the idea for a freight and logistics platform in 2014, when he tried to book space on a container vessel to ship a truck. He created a reverse auction over email , treating all freight forwarders the same, and realized that the process could be automated.
The first steps to digitization in trucking came in the form of digital freight exchanges such as Teleroute [15] [16] and TIMOCOM. [17] [18] [15] Greater efficiency in trucking is being achieved through intelligent freight technology such as automated interfaces that can help truckers and regulatory bodies reduce stops at weigh stations and time spent at border checkpoints. [9]
In a memo sent that day to employees, Lewis points to "a massive freight recession and a contraction in the capital markets" as major factors resulting in the company's failure. [12] On 1st November 2023, supply chain company Flexport acquired Convoy's assets and retained a small group of employees for an undisclosed sum. [ 13 ]
XPO LTL facility in Tomah, Wisconsin, formerly a Con-way Freight terminal. XPO is the second largest provider of less-than-truckload services in North America. [39] [40] LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time. [41]