News

Navigating the Wave of Ocean Shipping Constraints

November 17, 2021

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies…. Read More

Uber Freight Completes Acquisition of Transplace

November 15, 2021

The combination of trusted services and technology solutions will reduce friction across the supply chain and enable a new era of logistics management. SAN FRANCISCO & FRISCO, Texas — Uber Freight, a subsidiary of Uber Technologies, Inc. (NYSE: UBER), today announced that it has completed the acquisition of Transplace from TPG Capital for approximately $2.25 billion in an all-cash transaction. As partial financing for this transaction, Abu Dhabi Growth Fund (ADG), D1 Capital, and GCM Grosvenor invested $550 million in Uber Freight. The transaction brings together Uber Freight’s vast … Read More

Checklist For Creating A Capacity Capture Plan

November 11, 2021

For logistics leaders, continued supply chain volatility has increased the use of shorter-term contracts and reliance on the spot market to access freight capacity. According to FTR Transportation Intelligence, contract truckload rates are 10% higher year-over-year. Rates are expected to remain above that level for the remainder of 2021 — and likely beyond…. Read More

Transplace’s Fourth Quarter 2021 Logistics Market Update Report and Webinar

October 28, 2021

November 3 webinar features logistics trends and tips for transportation professionals to strengthen supply chain strategies DALLAS (October 28, 2021) – Transplace, the leading provider of advanced logistics technology and solutions, announces its Fourth Quarter 2021 Logistics Market Update Report and Webinar with guidance to support resiliency and strategic decision-making for supply chain leaders. Logistics and supply chain professionals are invited to a complimentary webinar on Wednesday, November 3 at 1 p.m. ET to access the full report. Attendees will hear about marketplace forecasts, … Read More

Transplace CEO Predicts ‘Rapid’ Logistics Consolidation

October 12, 2021

Evolving shipper needs, supply chain disruption, and the expanding use of technology will transform the third-party logistics industry not only over this decade but in the near future, Transplace CEO Frank McGuigan said Tuesday during an interview on the JOC Inland Distribution webcast…. Read More