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Uber Freight Adds Spot Loads to Exchange Platform

Uber Freight Exchange: Spot aims to aggregate spot freight for motor carriers, starting with loads from hundreds of shippers in Uber Freight s managed transportation business and brokerage.

Uber Freight Advances Vision for Industry-Wide Procurement

Carriers can now accelerate bids and instantly book spot freight on Uber Freight Exchange to grow their business...

Latest Uber Freight launch combines marketplace and managed services networks

After hinting at a brokerage and managed services integration in its latest earnings report, Uber Freight has launched a spot market update to Uber Freight Exchange to combine its carrier and shipper networks. The post Latest Uber Freight launch combines marketplace and managed services networks appeared first on FreightWaves.

Uber Freight Advances Vision For Industry-Wide Procurement Platform With Uber Freight Exchange: Spot

Carriers can now accelerate bids and instantly book spot freight on Uber Freight Exchange to grow their businessCHICAGO, May 16, 2024 (GLOB

The future of procurement

Uber Freight Exchange is designed to unlock operational efficiencies and compress the time it takes to procure, eliminating the back-and-forth of traditional mini-bids by bringing the process onto one single tool. The post The future of procurement appeared first on FreightWaves.

Uber Freight Using AI to Transform Logistics Business

Uber Freight heralds various new customer-focused supply chain technology offerings

Uber Freight doubles down on enterprise technology, unveils next generation product roadmap with AI-powered logistics

Uber Freight doubles down on enterprise technology, unveils next generation product roadmap with AI-powered logistics

/PRNewswire/ -- Today, during the company's annual customer conference that hosts nearly 300 of the world's largest shippers, Uber Freight announced the most...

Dry bulk ships generating 300%-plus more revenue today than 6 months ago

Dry bulk ships generating 300%-plus more revenue today than 6 months ago How startup Ocean Freight Exchange lights up international waters with AI-based visibility and matching services 3 minutes read (Photo: Star Bulk) The effects of COVID-19 on international shipping are still actively unfolding ⁠— but not only at the West Coast ports where there is a “parking lot” of containerized cargo ships waiting in droves. While container rates have spiked after growing demand in the second half of 2020, causing labor and vessel shortages to ensue, so have freight rates across the entire industry, including those for raw commodities.  Before COVID-19, ships hauling dry bulk ⁠— like iron ore, coal and grain ⁠— were making somewhere between $7,000 and $10,000 per day. Today, those same ships are making $30,000 a day, three times what they were making just six months ago. The raw commodity market is red hot following a period of pent-up demand.