PYMNTS-MonitorEdge-May-2024

freight

Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024  |  Payments Innovation

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap....

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Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
June 03, 2024  |  Shipping

Flexport has expanded its Convoy Platform to connect brokers and carriers. With this artificial intelligence (AI)-powered marketplace, brokers can access thousands of carriers across the...

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Freightos’ Growth Underscores Freight Sector’s Digital Embrace
Freightos’ Growth Underscores Freight Sector’s Digital Embrace
May 20, 2024  |  Earnings

For freight-forwarding platforms, the world is their oyster. That’s because the emergence of digital platforms and innovative technologies is profoundly transforming the global logistics and...

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This Week in B2B Innovation: Globalization, Digitization and Better Payments 
This Week in B2B Innovation: Globalization, Digitization and Better Payments 
May 16, 2024  |  B2B Payments

The B2B landscape is built atop a foundation of innovation designed to meet business needs. And with the news that U.S. corporate bankruptcies have reached...

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Autonomous Transport Could Drive Trucking Into Digital Transformation’s Fast Lane
Autonomous Transport Could Drive Trucking Into Digital Transformation’s Fast Lane
May 15, 2024  |  Shipping

In America, we move most of our goods by road. This makes trucks and 18-wheelers a crucial, even definitive, part of any supply chain. It...

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How Digital Solutions Are Giving Freight Industry a Modern Lift
How Digital Solutions Are Giving Freight Industry a Modern Lift
March 26, 2024  |  Shipping

Historically, freight forwarding has been a complex and labor-intensive process, characterized by manual paperwork, fragmented communication channels and numerous intermediaries.  However, the emergence of digital...

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FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
March 06, 2024  |  Transportation

Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access...

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PayCargo and Rippey AI Partner to Automate Payments in Logistics Industry
PayCargo and Rippey AI Partner to Automate Payments in Logistics Industry
February 29, 2024  |  Partnerships

PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect...

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JB Hunt and Walmart Sign Long-Term Intermodal Agreement
JB Hunt and Walmart Sign Long-Term Intermodal Agreement
February 22, 2024  |  Supply Chain

J.B. Hunt Transport Services has signed a long-term intermodal agreement with Walmart. This strategic partnership will see the supply chain solution provider’s subsidiary, J.B. Hunt Transport, acquiring...

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