By BRIAN BASKIN, Editor, Wall Street Journal Logistics Report / DB Schenker is taking a $25 million stake in online freight booking platform uShip Inc., deepening the ties between one of the world’s oldest logistics providers and an upstart looking to bring new technology to the tradition-bound shipping business. DB Schenker, a global logistics company… Read More
Wall Street Journal
Founder of Online Freight Platform uShip to Step Down
By Erica E. Phillips, Wall Street Journal Logistics Report / Departing CEO says Austin, Texas-based freight booking startup is on track for initial public offering / Matt Chasen, founder of online freight booking service uShip Inc. is stepping down as chief executive, after a period of rapid growth that he says puts the company… Read More
Freight Booking Startups Drawing Rich New Funding
By Robbie Whelan, Staff Writer, Wall Street Journal / Transfix, Trucker Path and others are generating growing valuations in new funding rounds from venture capital firms A pack of technology startups seeking to upend the business of booking freight shipments for trucks is drawing rich new funding from investors. Transfix, a New York-based mobile app… Read More
DB Schenker Signs on With uShip Online Freight Platform
by Erica E. Phillips, Wall Street Journal / The German logistics firm, under pressure to offer convenient freight booking, will use uShip’s technology to pair shippers with trucking companies in Europe / DB Schenker, one of the world’s largest logistics firms, has hired uShip Inc. to connect shippers with trucking companies online, in the… Read More
Mobile Apps Get Picked Up by Independent Truckers for Better Routes
U.S. trucking business has remained stubbornly low-tech—but this may be starting to change By ROBBIE WHELAN May 7, 2015 10:27 p.m. ET One recent morning, Ivan Sandul, a 28-year-old truck driver from Sacramento, Calif., found himself wishing there were an app to make his job easier. After driving a load of machine parts more than… Read More