Dallas-based MODE Global has announced a collaboration with Transporeon that seeks to leverage automation to tender both spot and dedicated freight using autonomous procurement offered by Transporeon.
“Initiating a collaboration with Transporeon has been an important aspect of our digital transformation,” Gene Welsh, chief transportation officer for MODE Global, said in a statement. “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.”
MODE Global is a $3.4 billion third-party logistics platform with the sixth largest truckload freight brokerage and the largest on-asset intermodal provider in the nation. Transporeon is a Germany-based Trimble company. Trimble said that as a leading transportation management platform, it will be white-labeled and customized for MODE and MODE Global Marketplace.
Being a part of MODE Global Marketplace 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, Trimble said.
Carriers will have access to thousands of daily shipments—all with real, immediately bookable rates attached to them, the company added.
Digitizing logistics
Trimble said 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,” Welsh said. “We’re 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 said it will take in the pipeline of MODE data and use it to better track markets and train algorithmic pricing models. The collaboration will 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,” Jonah McIntire, chief platform officer at Transporeon, said in a statement. “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.”
Powered by a sophisticated suite of technology solutions, MODE said it makes supply chain management easy through relationships with more than 100,000 carriers and agents in 230 locations throughout North America.
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