For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks...
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 country, Flexport said in a Monday (June 3) press release. “With today’s launch, brokers using the Convoy Platform will be...
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 transportation industry’s traditional and legacy workflows. “The opportunity to take all of the offline freight and digitize it is so...
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 their highest level since April 2023, there are a lot of business needs out there in the marketplace to inspire innovation....
June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks were just things I got stuck behind in traffic.” After […]
December 15, 2022
The great digital shift demands that trucking-transport firms update and modernize their accounts payable processes. Simply put, the paper-based and manual AP processes that have been stubbornly entrenched in transport...
October 27, 2022
Trade finance’s digital transformation has exploded through the past few years, and it will accelerate in the years ahead. “Treasury is the next frontier in digital payments,” Alan Koenigsberg, senior...
September 26, 2022
Around the world, digital platforms are helping to transform the road freight industry by optimizing trucking operations for maximum efficiency. As a sign of the model’s success, one such platform,...
June 03, 2024
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 country, Flexport said in a Monday (June 3) press release. “With today’s launch, brokers using the Convoy Platform will be able to level up their operations and focus on strengthening […]
March 06, 2024
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 to Zapay’s 2 million monthly...
February 29, 2024
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 invoice automation and transaction processing...
February 22, 2024
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 Walmart’s intermodal assets, further solidifying...
