With freight demand having significantly slowed down over the course of 2023, shippers now have more flexibility of choice than ever. In an advantageous market with access to more competitive, low-cost carrier options, LTL vs. FTL may not seem like such a tough decision today. But Yellow’s recent bankruptcy filing—which eliminated most of the nation’s…
Year: 2023
Uber Freight founder and CEO Lior Ron has been experimenting with artificial intelligence since its “dark ages.” Growing up in Israel in the ‘80s, he spent his childhood learning to program when personal computers were just starting to take off. His parents bought him an Atari at the age of nine. As a teen, he…
November market update: Key insights and recommendations for shippers and carriers Published on November 15, 2023 The US GDP increased by 4.9% in Q3. However, this was mixed news for freight. Consumer spending, imports, and exports all rose in the third quarter. Meanwhile, the private residential investment remained flat, and inventories rose. Additionally in October,…
Bill McDermott has seen his fair share of fraud in the transportation industry. He spent a decade working as an investigator for FedEx, and then worked complex criminal investigations at the FBI for over 20 years. Now, as Uber Freight’s Senior Investigator and resident expert, he helps ensure shippers are well-protected against financial risk and…
Uber Freight has the privilege to work with numerous sustainability-conscious enterprises. Many have outlined specific commitments and rely on our expansive suite of tools, capacity solutions, and consultation to optimize their networks and make progress on their climate goals. Addressing emissions is an essential part of advancing those efforts. Yet, it’s notoriously difficult to track…
Deadhead. Fuel inefficiency. Poorly-planned routes. Freight causes a staggering eight percent of global carbon emissions, exacerbated by inefficiencies like these—many of which are avoidable. In the US, one percent of the total freight emissions comes from empty trucks alone. With the volume of goods shipped in the US expected to grow by nearly a quarter…
Trucking rates are often an unpredictable element of freight transportation. Because they are directly influenced by the market, trucking rates can be considered a reliable barometer of broader economic conditions. In times of economic prosperity, the surge in consumer spending propels freight demand, driving up rates as capacity becomes strained. Conversely, during economic downturns, reduced…
Here’s how a TMS can help you ship faster and smarter The modern supply chain is embracing innovation at a rapid pace. Just a decade ago, real-time freight tracking was still in its infancy. GPS and RFID tagging systems already existed but few thought to use them for monitoring shipments. Carriers relied on phone calls…
The holidays are right around the corner, which means it’s peak season for shippers. For most people, that calls to mind visions of retail: the Black Friday frenzy and Cyber Monday shopping. But the holidays are also peak season for food banks. The pandemic and skyrocketing food prices have increased demand for food banks over…
After years of freight market disruption, 2023 has been a moment for shippers to take a breath and revisit their supply chain strategies. But today’s soft market will inevitably turn heading into 2024—which means the time is now to build a proactive and predictive logistics strategy, using next-generation technology as a co-pilot. The potential of…