Freight broker Transfix will integrate predictive visibility data from project44 to augment its existing app-based GPS location data as part of a long-term agreement with the multimodal visibility provider.

Digital truck brokers have found it hard to confidently provide an accurate guaranteed rate to shippers 14 or 21 days in advance because of the unpredictable developments of coronavirus disease 2019 (COVID-19), causing one-off quotes to be higher than normal.

The freight broker Convoy has landed the second biggest single funding round in North American logistics technology industry, as its investors more than double down on the idea of technology solving inefficiencies and waste in the truckload market.

Shippers testing the efficacy of digital freight matching tools, whether from new broker entrants or through established providers, now have the option of working with larger brokerages such as GlobalTranz and JB Hunt.