DALLAS, April 11, 2024 /PRNewswire/ -- MODE Global, a
multi-billion, multi-brand 3PL platform and one of the world's
leading logistics companies, is announcing a collaboration
with Transporeon, a Trimble Company. The collaboration aims to
leverage automation to tender both spot and dedicated freight using
Autonomous Procurement offered by Transporeon. As a leading
Transportation Management Platform, it will be white-labeled and
customized for MODE as MODE Global Marketplace.
Given ongoing market challenges and rate volatility, consistent
and reliable procurement has been a challenging area for shippers,
carriers and intermediaries globally. Many transportation industry
stakeholders, like MODE, recognize the potential of machine
learning and data analytics to help navigate market conditions more
dynamically. Transporeon's AI and behavioral science-driven
Autonomous Procurement solution for spot sourcing optimizes the
entire freight procurement process. It transforms formerly manual
procedures characterized by multiple touchpoints into a
streamlined, automated process.
As part of this collaboration, Autonomous Procurement by
Transporeon will be available in the MODE Global Marketplace. This
will give organizations unfettered efficiencies specific to their
tendering strategies while also creating a space for their carrier
partners to instantly book shipments in a marketplace that is
catered and customized to carrier needs. Carriers will have access
to thousands of daily shipments all with real, immediately bookable
rates attached to them.
"Initiating a collaboration with Transporeon has been an
important aspect of our digital transformation," said Gene Welsh, chief transportation officer for
MODE Global. "Digital freight brokerage is a key component in
allowing us to offer a total cost of ownership model, which is the
first step in managing our shippers' business from purchase order
to cash. We're excited about our journey to create an integrated,
4PL offering for our shippers, carriers and agents."
The shared goal is to create a better environment for carriers
within a digital platform.
"The technology is fully integrated with our transportation
management system," says Welsh. "We are now even more effective in
managing our network of carriers and shippers, giving our clients
tremendous flexibility and insight into their logistics spend."
For its part, Transporeon will ingest the pipeline of MODE data
and use it to better track markets and train algorithmic pricing
models. This collaboration will significantly expand Transporeon's
existing carrier network of over 150,000 carriers and logistics
service providers, while improving prediction accuracy and
performance for all regional customers.
"MODE Global demonstrates a seriousness about their digitization
ambitions, in scope and depth," says Jonah
McIntire, chief platform officer at Transporeon. "MODE's
scale makes them especially suited to reap the benefits of our
technology and we are excited to continue to work with leaders in
this sector."
About MODE Global
MODE Global is a multi-billion, multi-brand, 3PL platform and
one of the world's leading logistics companies. We are the
sixth-largest truckload freight brokerage and the largest non-asset
intermodal provider in the United
States. Through our family of brands, which includes Avenger
Logistics, MODE Transportation and SUNTECKtts, we offer more than
30 years of experience providing exceptional service with a focus
on customer experience. MODE Global provides efficient, reliable
transportation services around the world to more than 10,000
customers across a diverse set of markets. Powered by a
sophisticated suite of technology solutions, MODE makes supply
chain management easy through relationships with more than 100,000
carriers and agents in 230 locations throughout North America. For more information on how to
transform your shipping solutions, please visit
www.modeglobal.com.
About Transporeon
At Transporeon, a Trimble Company, our mission is to bring
transportation in sync with the world. We power the largest global
freight network of more than 1,400 shippers and retailers and more
than 150,000 carriers and logistics service providers. Every day
they execute more than 110,000 transports on our platform and book
more than 100,000 dock-appointments for loading and unloading. In
the course of one year, roughly $59bn
in freight is being processed on our platform.
Our leading transportation management platform connects all
actors along the supply chain. It facilitates collaboration between
the different parties, helps to automate manual processes and
provides valuable real-time insights. The modular Application Hubs
solve specific logistics challenges and range from freight sourcing
over transport execution and dock and yard management to freight
audit and payment. Data hubs provide insights into logistics
operations, market developments and carbon emissions, next to
ensuring transparency in the supply chain through visibility. Our
platform works across all geographies and all modes of
transportation, empowering logistics teams to move, manage and
monitor freight.
Transporeon is headquartered in Ulm, Germany, and maintains 18 offices around the
globe with over 1,400 employees across 27 countries. For more
information, visit: www.transporeon.com.
About Trimble
Dedicated to the world's tomorrow, Trimble is a technology
company delivering solutions that enable our customers to work in
new ways to measure, build, grow and move goods for a better
quality of life. Core technologies in positioning, modeling,
connectivity and data analytics connect the digital and physical
worlds to improve productivity, quality, safety, transparency and
sustainability. From purpose-built products and enterprise
lifecycle solutions to industry cloud services, Trimble is
transforming critical industries such as construction, geospatial,
agriculture and transportation to power an interconnected world of
work. For more information about Trimble (NASDAQ: TRMB), visit:
www.trimble.com
GTRMB
View original content to download
multimedia:https://www.prnewswire.com/news-releases/transporeon-and-mode-global-announce-collaboration-for-autonomous-capacity-management-302113939.html
SOURCE Trimble