Thursday, November 5, 2015

Uber for Trucking: A New Era in the Freight Movement and Logistics Market

The arrival of Uber for trucking or mobile-based freight brokering is ushering in a new era in the North American trucking and freight logistics market. Currently, inefficiency plagues the freight movement and logistics market, with approximately 20 billion empty miles travelled per year in the trucking industry. Mobile-based freight brokering can enable drivers and fleets to mitigate these inefficiencies in their trucking operations. In addition to reducing the empty miles travelled, mobile-based freight brokering technology can help lower operating costs, improve fuel efficiency, boost asset utilization and enhance resource productivity.

New analysis from Frost & Sullivan, Uber for Trucks: Executive Analysis of the North American Mobile-Based Freight Brokerage Market, finds that 16 percent of third-party logistics will be enabled through mobile platforms by 2025.