Truck Parking Club hits major milestone with 1,000 property locations across 46 states, providing 24,000 parking spaces for truckers nationwide. CEO Evan Shelley shares the company's journey and ambitious plans for expansion.
Australian truckload-sharing startupOfload has raised $60 million for its digital road freight platform that sells access to empty truck space. The Series B raise was led by Singapore-based Jungle Ventures.
The investment signals the continued rise in popularity of shippers willing to pool together goods into one haul. In the US, the software-driven shared truckload platform Flock Freight reached unicorn status in October of last year. The company raised $215 million in Series D financing led by SoftBank Vision Fund 2.
Why is Shared Truckload An Attractive Option?
Customers avoid higher costs related to loading and unloading or paying for unused space.
Shipments are delivered more quickly, as well.
Carriers can fill trucks to capacity–increasing sustainability and profit.
The platform pools shipments in real time, maps terminal-free routes, and calculates the shipper’s risk with patented technology.
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Thilo Huellmann and his team traveled 2,500+ miles, visiting key freight markets like Grand Rapids, Cincinnati, and Houston to discuss AI and automation with freight brokers. Here’s what they learned.
Special damages, also known as consequential damages, are extra costs not automatically covered by the carrier. They arise from the consequences of damaged or delayed freight. Here's what brokers and shippers need to know.
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