26% of trucking companies use CH Robinson, creating market for Uber - Business Insider

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Only a quarter of truckers use C.H. Robinson, America's largest freight brokerage — and it explains why tech giants have been vying to disrupt trucking

Transfix rolled out My Lanes and Reserved Lanes last month to help truck driversUBS highlighted Convoy, founded in 2015 by former Amazon workers Dan Lewis and Grant Goodale, in its report as a key tech player that's challenging longtime incumbents like J.B. Hunt and C.H. Robinson. Uber Freight, meanwhile, is the most-downloaded freight brokerage app for truck drivers, UBS found. For its part, major incumbents like C.H. Robinson are also focusing on owner-operators and small carriers.

"We see our total addressable market in the U.S. being about two million customers," Bob Biesterfeld, CEO of C.H. Robinson, told Business Insider. "About 1.9 million are in that SMB space, customers that do less than $10 million worth of revenue.""Our third app downloads report shows rising momentum in the share of downloads for the two largest brokers C.H. Robinson and TQL," UBS analysts wrote.

 

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68DodgeCoronet This industry is taking a beating and we should all care. Every item on store shelves is there b/c a truck & driver DROVE it there. No one in my circle has anything to do w/trucking except to be consumers. I listen to an XM channel/show dedicated to Trucking. It's interesting.

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 /  🏆 729. in TH

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