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UberFreight: Slowing Growth in Q4

UberFreight hits the second growth speed bump, with growth flatlining compared to the previous quarter. A bigger issue for VC backed transport companies?

Where's the US trucking market? Learning from C.H. Robinson's Q4

What can we learn about the state of the US trucking market from C.H. Robinson's Q4 reporting? It's tough to defend margins, and there are a few idiosyncratic surprises in the data.

Brokerage automation without the help of venture capital

Convoy announced today that they managed to automate the brokerage process. TNX knows how much impact such an automated solution has on the operations of a brokerage.

From Hustler to Quant - The Arms Race in Truck Brokerage

The logistics sector can look like a choose-your-own-adventure book where the evidence says either tech is revolutionary or its all hype. Let's take a look at what matters.

UberFreight: A $1bn Freight Broker in the Making (Q3, 2019 Edition)

Uber has released their Q3, 2019 figures last night, and with that more insight into the progress of UberFreight. As it seems like always, the story with Uber is one of the good, the bad, the ugly.

Job Killing Robots

AI raises two major worries about workforces: Where will we find the talent to deploy AI? And will current staff survive AI’s ability to automate?

The Story of UberFreight, Q2, 2019 Edition

Checking in with the Q2, 2019 UberFreight figures

Buying Market Share in Trucking

According to a Morgan Stanley report as cited by the Wall Street Journal, Uber Freight is currently paying out 99% of its revenue to carriers, compared to an industry average of 80-85%

Why Amazon's threat (should) matter to 3PLs

Amazon recently announced its first foray in third-party truck brokerage, building a competitor to the likes of C.H. Robinson, XPO, and others.

The Doubtful Value of Predicting Spot Rates for Bid Tendering

Is there any value in predicting spot rates in any sophisticated fashion to bid on spot work? How much better is the advanced model from the naïve default assumption that spot rates will remain constant over the very short term.

Logistics of the Future: Best Trucking Startups

TNX has built smart software that takes a list of unallocated spot loads, bundles them and produces the best tendering strategy per each load.

Technology opens new BCO avenues for efficiency

TNX Logistics offers a software platform using artificial intelligence to best use private fleets and tender jobs under contract versus spot carriers. It’s a brain, so to speak, that builds on transportation management systems and uses algorithms to solve everyday transportation decisions.

Getting started with AI in Logistics

The reality of 2019 is that AI in logistics is neither widespread nor science fiction. Use cases exist but best practices do not. In brief, it is a burgeoning topic that sorely needs better guidance.

Pulse of the Market: Takeaways from the BGSA Conference 2019

Trucking capacity, autonomous trucking, IoT, and the resurgence of the incumbents

Logistics Startup of the Month: TNX Logistics

This month, Transmetrics selected TNX Logistics, a practical AI software for trucking, as the January “Logistics Startup of the Month” for its remarkable contribution to the development of Artificial Intelligence for transport planning and dispatch.

Artificial intelligence making gains for trucking

TNX Logistics is celebrating one-year anniversary of partnership with New Zealand based freight management firm Coda Group.

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Using artificial intelligence to improve logistics planning

Artificial intelligence (AI) now powers facial recognition, fraud detection, language translators, and assistants like Siri and Alexa. Soon it will be applied to core logistics operations. This should be a golden era of practical AI, when algorithms give way to implementation.

Artificial intelligence could help solve under-use of trucks as driver shortage worsens

Artificial intelligence (AI) is again being hailed as the solution to under-utilisation in trucking, with the sector fast approaching a crunch point amid an ever-worsening driver shortage.

2018 Logistics Tech Recap

The great thing about AI (contrasted with blockchain) is that you don't have to reinvent business models to see how it applies. Smarter, faster decision making is always in vogue, and that's what AI brings to the table.

99% of AI projects add value (really)

AI adoption is growing, proving massive value, and demanding more staff than can be found.

Explain Yourself- Risks of Black Box AI

An important part of AI is that the software’s own creators may struggle to answer basic questions about its results. Why did it do that? Why not something else?

XPO turns to AI for LTL

XPO are going to pursue AI in four areas of LTL. Load building, linehaul planning, pricing, and dynamic routing of pickup and delivery.

Do more with the data: How TNX Logistics sets itself apart

We’re product people. We’re engineers. We’re looking to solve a real problem with our tech.

AI in the transportation industry: its perceived utility and the ground-zero reality

It is nice to talk about AI and the results of it, but transportation companies should not implement AI for the sake of implementing it. The critical dimension has always been to see what the commercial incentive of any technology would be.

Executive Insights: TNX Logistics Co-Founder & Managing Director Alex Hoffman on striking the perfect human/machine balance

In this edition of Executive insights, we picked Hoffman’s brain about changing attutudes towards technology, and asked him how companies can take a pragmatic approach to onboarding tech, without losing their core relationships and competencies.

Profitability is no Coincidence

Transport planning drives the profitability of carriers. Very few carriers have the potential to differentiate via pricing. Thus, costs remain the most important consideration in actively improving profitability.

How profitable is European Road Transport?

The big European road transport operators are earning EBIT margins between 1-4%. These levels are not peak-efficiency, and also well below their aspirations.

TNX brings artificial intelligence into the dispatching process

The start-up makes it easier for carriers to make decisions in their daily dispatching processes. The solution helps to avoid empty runs and increases the utilization of trucks. Ultimately, it's about helping mid-sized and large companies make decisions and helping them make better decisions.

Smart Tendering Across the Map

TNX gives drivers real-time leverage. They get to know what to put on a truck and where to send it and how to sequence the drop offs.

Transport Procurement Strategies

When, how, and why to look for new transport providers? That was the topic of a procurement event run by TNX Logistics and KPMG.

TNX and Coda Group form partnership

Freight matching platform TNX has formed a long-term domestic partnership with freight management business Coda Group.

TNX and Coda Group to bring fresh technology approach to New Zealand supply chain

By partnering with TNX we will deliver fresh and innovative supply chain solutions to provide better matching of freight flows up and down the country and bring greater value to our customers and logistics partners.