Tag: logistics technology

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Supply & Demand Chain Executive Names ZuumApp Recipient of 2023 Top Supply Chain Projects Award

This award profiles innovative case study-type projects designed to automate, optimize, streamline and improve the supply chain.

IRVINE, CA—June 14, 2023 — Supply & Demand Chain Executive, the only publication covering the entire global supply chain, named Zuum App as one of the winners of this year’s Top Supply Chain Projects award, which profiles innovative case study-type projects designed to automate, optimize, streamline and improve the supply chain.

“From demand planning and forecasting to implementing the ultimate in warehouse automation, the past 12 months has seen companies within the supply chain and logistics space upgrade, enhance, adopt and adapt in order to achieve greater efficiency along the chain,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. “That’s why it’s important today’s supply chains run on collaboration.”

“Companies partnered to implement each others’ software and technology and work smarter together. And, it’s these partnerships that have enabled many supply chain organizations to better manage inventory, reduce costs, retain employees, track data and analytics and build resilience for whatever disruptions may lie ahead,” Mayer adds.

You can find ZUUMAPP on the full list of Top Supply Chain Projects winners. 

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Supply & Demand Chain Executive and sister publication Food Logistics also operate SCN Summit and Women in Supply Chain Forum.

About Zuum App :

ZUUM App is a logistics technology company based in Irvine, CA. Founded in 2016, ZUUM offers a shipper TMS, freight broker software, carrier TMS, and a mobile app for truck drivers that are connected within the Logistics Super Platform. These tools enable customers to enhance the efficiency and effectiveness of their logistics operations while automating their transportation networks. Our vision is to optimize logistics and streamline supply chains globally by defragmenting the industry. To learn more, visit zuumapp.com .

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Blog Zuum App Features

Unlock the Power of Optimized Routing with Zuum App’s Waterfall Routing Guide!

Are you tired of the complexities of waterfall tendering?

 Are you Seeking a Smarter Way to Optimize Routing?

 “Introducing Our Waterfall Routing Guide at Zuum App!” 

Gone are the days of grappling with manual routing processes that leave you frustrated and burnt out. Our cutting-edge system takes the reins, providing you with an all-encompassing solution that simplifies the entire routing experience. Say goodbye to the hassle of individually planning every shipment leg, as our innovative technology enables you to effortlessly create batch routing guides, saving you precious time and resources.

But that’s not all – our A.I-Driven Waterfall Routing Guide is designed to revolutionize your logistics operations from top to bottom. We understand that efficiency is paramount, and our advanced system ensures faster tendering without the burden of memorizing carriers associated with each lane. It’s a seamless, intuitive process that allows you to focus on what truly matters – growing your business and serving your customers better.

The success stories are pouring in, with several Fortune 100 companies already experiencing unprecedented ROI through our user-friendly solution. Our built-in timer and custom branding options give you the flexibility and control you need to align the routing process with your unique business requirements.

Bid farewell to the days of managing multiple tools and systems; our all-in-one solution consolidates everything you need into a single, unified platform. It’s a logistical revolution, placing unprecedented power at your fingertips.

Picture a future where your logistics operations run like a well-oiled machine, where every aspect is optimized to perfection. That’s the reality we’re offering – increased efficiency, cost savings, and unparalleled performance. 

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Blog Zuum App Features

Take Control of Your Pricing Strategy with ZuumApp’s Dynamic Smart Rate Tool!

We are thrilled to introduce you to one of the most powerful features of the Zuum App: the Dynamic Smart Rate Tool.

With this innovative tool at your disposal, you’ll have the ability to take control of your pricing strategy like never before, adapting with ease to the ever-changing dynamics of the transportation industry.

Real-Time Rate Adjustments: Navigating Market Fluctuations with Confidence

The transportation industry is notorious for its constantly shifting market conditions. To stay ahead of the curve, businesses need a TMS that enables real-time rate adjustments. You can do just that with Zuum App’s Dynamic Smart Rate Tool! Whether you deal with truckload, less-than-truckload, or any other mode of transportation, you can adjust your rates on the fly, no matter how the market fluctuates. This unprecedented flexibility ensures that your business remains responsive and agile, capturing opportunities and maximizing profitability.

Customization for Tailored Solutions

At Zuum App, we recognize that every logistics business is unique, with specific requirements and objectives. That’s why we empower you with your own digital rate and customer/carrier portals. With the Dynamic Smart Rate Tool, you can customize your pricing algorithm to align perfectly with your unique business needs. Say goodbye to rigid, one-size-fits-all solutions that hinder your growth. Zuum App’s tailored pricing experience allows you to offer rates that resonate with your customers and carriers, forging stronger partnerships and improving overall customer satisfaction.

Instant Rate Adjustments Made Effortless

Innovation should simplify, not complicate, your logistics operations. Zuum App understands the importance of streamlined processes, which is why we’ve incorporated the innovative bi/lever system into the Dynamic Smart Rate Tool. This user-friendly interface enables you to fine-tune your digital prices instantly without requiring any developer assistance. Take full control of your pricing strategy, respond swiftly to market changes, and make data-driven decisions to enhance your competitive advantage.

Data-Driven Insights: Enhancing Performance and Decision-Making

Data is the key to unlocking growth and success in the logistics industry. Zuum App’s win-loss feature provides valuable insights into the effectiveness of your rates, allowing you to track your performance and identify trends. Armed with this essential information, you can make data-driven improvements and necessary adjustments to optimize your success in the market. The ability to comprehensively understand your rate effectiveness and competition gives you a significant edge in this fast-paced industry.

Zuum App, Your All-in-One Transportation Management Solution

With the Dynamic Smart Rate Tool as one of the thousands of powerful features of the Zuum App, you get an all-in-one solution that streamlines and maximizes your transportation management processes. Elevate your logistics business to new heights of success with Zuum App’s cutting-edge technology. Say goodbye to static pricing models and embrace the future of algorithmic pricing that puts you firmly in the driver’s seat.

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Blog Zuum App Features

Elevate Your Workforce with Zuum App’s TMS Employee Gamification, known as ZUUMANITY.

At Zuum App, we understand that motivated and engaged employees drive any successful organization. That’s why we are thrilled to introduce our innovative gamification system, Zuumanity, designed to enhance employee engagement and job satisfaction within the realm of transportation management.

Zuumanity stands out from other gamification systems due to its unparalleled customizability. We recognize that every company has unique values and requirements, so we have made it effortless for you to tailor Zuumanity to fit seamlessly into your organization’s culture. Whether you’re a small business or a large enterprise, Zuumanity can be customized and branded to align perfectly with your company’s identity.

By utilizing virtual coins as incentives, Zuumanity motivates employees to focus on key performance indicators crucial to your business’s success. These indicators encompass a wide range of metrics, including service quality, profitability, technology adoption, fraud prevention, and much more, and Zuumanity can also be directly tied to employees’ compensation, providing tangible and rewarding outcomes for their exceptional efforts.

However, the benefits of Zuumanity extend far beyond mere enjoyment. It is a powerful tool for employee retention and cultivating a thriving organizational culture. By recognizing and rewarding your employees’ achievements, Zuumanity boosts morale, enhances job satisfaction, and nurtures a strong sense of camaraderie among team members. It encourages healthy competition, promotes continuous improvement, and ultimately contributes to your company’s overall success.

Zuumanity is just one component of the comprehensive all-in-one solution offered by the Zuum App for your transportation management needs. We take pride in providing cutting-edge tools that streamline operations, improve efficiency, and optimize supply chain processes.

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Blog Broker News Logistics News

Zuum’s Clients have been able to achieve 18 LPD Per Operator, Accomplishing more with fewer resources.

For brokers in the logistics industry, the use of an outdated transportation management system (TMS) can significantly limit their business’s potential. If your operators are only able to handle an average of 5-7 loads per day, it’s time to upgrade to a more efficient and productive solution. Zuum offers just that.

Zuum recognizes that the logistics sector undergoes continuous changes. Hence, we have created a state-of-the-art TMS platform that enhances efficiency and optimizes productivity.

Zuum’s Clients have been able to achieve 18 Loads Per Day Per Operator, Accomplishing more with fewer resources. Furthermore, a whitepaper study conducted by one of Zuum’s corporate clients has showcased the shortcomings of traditional TMS solutions in comparison to Zuum’s diverse offerings.

And also, our TMS system is designed with brokers in mind. We offer a range of features and tools that help you manage your operations more effectively, from real-time visibility and reporting to automated carrier matching and billing.

At Zuum, we recognize that every broker has distinctive requirements and preferences. Hence, our platform is adaptable and can be tailored to meet those specific needs. Our white-label TMS solution can be implemented swiftly and seamlessly, whether you seek to oversee your entire logistics operation or aim to enhance your TMS functionalities. With our comprehensive tools and specialized know-how, Zuum is equipped to support your success.

Our solution enables you to manage a larger volume of shipments and enhance your bottom line, as evidenced by a 592% increase in GP per operational headcount. With Zuum, you’ll have the power to streamline your operations, improve efficiency, and increase your LPD.

Don’t just take our words for it, experience the transformation for yourself. Contact Zuum today to learn more about how our TMS can benefit your business and take it to new heights.

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Blog Supply Chain Expertise

Top 3 Ways Artificial Intelligence Will Revolutionize Logistics & Transportation

ai in logistics industry with port in the background

A few decades ago, artificial intelligence still seemed like a pipe dream – a far out technology that we wrote into our movies and television shows, not something that we could yet interact with on a daily basis. Now, technology has made leaps and bounds in our attempts to streamline as many processes as possible. For those who work in trucking and logistics, efficiency is key to determining profit and positive feedback.

According to The Economist, “McKinsey estimates that firms will derive between $1.3trn and $2trn a year in economic value from using AI in supply chains and manufacturing.” And going to the source itself, McKinsey claims that, “63 percent of respondents report revenue increases from AI adoption in the business units where their companies use AI,” indicating that there is significant potential for artificial intelligence in supply chain management. Below are three main ways AI is expected to change the industry: 

1. Demand Prediction

In an ever-changing market with high competitiveness, many businesses cannot afford to overestimate the amount of product it will need to carry in order to make a profit. Overestimating means that the company will lose time, money, and resources on the leftover product. On the other hand, lowballing your product amount might mean that you lose out on potential customers and income. What can you do? Recent studies by Deloitte indicate that AI has an ability to predict these product demands better than humans. With an unfair advantage, artificial intelligence can analyze and connect every piece of information and spit out probabilities in a much faster, cost effective way. In addition, AI can help predict individual customer needs by analyzing what products have been of use to them, and what products or services will continue to best serve them. Happy customers make return customers, and an industry running on happy, efficient transactions is an industry that is thriving.

2. Back Office Operations

In many companies, there are office tasks that seem repetitive and monotonous. For logistics companies, this reality is made even more daunting by the sheer amount of information and clerical responsibilities that workers must face. By combining AI with RPA (Robotic Process Automation), a different technology is created, called cognitive automation. Cognitive automation is able to analyze and optimize areas of logistics such as transport capacity, real-time decisions, and end-to-end supply chain. Having AI take over daily operations that clog the pipes, so to speak, helps improve the quality of your employee’s work, while lowering costs and errors.

3. Warehouse Automation

Using artificial intelligence to automate warehouse operations has the advantage of increasing revenue while lowering transportation costs that would otherwise be incurred. With the help of AI to predict demand for a product, companies can send products to regional warehouses ahead of time and cut back on costs by having more time to schedule routes and other arrangements. Warehouse automation also brings the addition of computer vision, which can pinpoint and organize inventory, quickly and accurately. It can even communicate with nearby warehouses to help determine which location would be most efficient for the product to be shipped from.

What do you think? Is AI the future, or are there better ways to increase efficiency in transportation? Did we miss anything? Let us know by reaching out to us at marketing@zuumapp.com.

Related sources:

https://towardsdatascience.com/how-ai-changes-the-logistic-industry-3d55401778d

https://www.economist.com/special-report/2018/03/28/how-ai-is-spreading-throughout-the-supply-chain?FEATURE_ARTICLES_V1=0

https://www.zdnet.com/article/artificial-intelligence-works-its-way-into-supply-chains/

https://www.mckinsey.com/featured-insights/artificial-intelligence/global-ai-survey-ai-proves-its-worth-but-few-scale-impact

https://www2.deloitte.com/us/en/insights/deloitte-review/issue-19/art-of-forecasting-human-in-the-loop-machine-learning.html

https://www.sdcexec.com/transportation/blog/21070203/why-ai-and-cognitive-automation-are-the-next-frontier-in-transportation-and-logistics

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Blog Broker News Logistics News

How $12.58 Million in Seed Funding Accelerates Digital Transformation in a $1.6 Trillion Industry During a Global Pandemic

logistics technology with interconnected freeways in the back

NEWSWIRE PRESS RELEASE  UPDATED: OCT 13, 2020 09:00 PDT

The challenge COVID-19 is posing to global supply chains is unprecedented, drastically impacting demand, supply, manufacturing and transportation simultaneously. These sudden changes and resulting daily freight cost fluctuations force companies to evolve. Can new logistics technology, like ZUUM’s Logistics Super Platform, funded through venture investments, help businesses survive? Will the pandemic usher in the next efficiency revolution in logistics? ​

“COVID-19 has interrupted global supply chains, leaving businesses scrambling for new ways to keep operations running. During this unprecedented crisis, finding innovative ways to help communities and businesses is more important than ever. Our recent funding is enabling ZUUM to focus on bringing new, more efficient real-time solutions to the logistics and transportation industry,” says ZUUM Transportation COO and co-founder Matt Tabatabai.

Transportation and logistics perform some of the most vital services in the industrial world. Logistics account for approximately 8% of all economic activity in the USA, or $1.652 trillion in expenditures last year alone, according to the CSCMP (Council of Supply Chain Management Professionals) 2020 report. 

ZUUM Transportation recently completed a second round of seed funding at $8.58 million for a total raise of $12.58 million to date. The seed funding accelerates technology innovation in logistics, launching the first Logistics Super Platform (LSP). ZUUM’s LSP connects a transportation management system for shippers, a digital freight broker software, a carrier TMS, and mobile driver application with a digital freight marketplace. ZUUM provides critically needed efficiency, real-time visibility, and higher productivity to help transportation businesses survive during COVID-19 and cope with the highest freight cost fluctuations in recent history.

“We have been working with the ZUUM team to help us digitize certain aspects of our brokerage. They have been great to work with and brought immediate value and quick deployment. These guys are the real deal,” says Dan Curtis, president of BNSF Logistics.

Venture Funding Accelerates the Digital Transformation in Logistics

“We are humbled and inspired by the investors who share our vision and believe in our mission, including Estes Express Lines, BNSF Logistics, Plug and Play Ventures, Logifruit of Spain, Estes Forwarding, SAIC Ventures, and Holman Growth Ventures,” states Mustafa Azizi, CEO of ZUUM Transportation, Inc.

Transportation in the U.S. is highly fragmented, requiring the coordination of  3.5 million commercial drivers, 565,000 manufacturing businesses, 700,000 carriers, and 17,000 freight brokers. COVID-19 has amplified this fragmentation which calls for closer collaboration among all participants.

To optimize complex supply chains and to react to the challenges of this pandemic, manufacturers have been looking for new technology solutions. Many of the current logistics software companies emerged during the great recession more than 10 years ago. Since then, digital technology has evolved even further, but supply chains are still not fully integrated and digitally connected, as businesses continue to use legacy software.

A few companies are attempting to disrupt traditional freight logistics by building digital marketplaces to aggregate capacity. They rely on eliminating freight brokers to reduce cost. However, broker expertise remains essential to reacting to daily capacity and cost changes. In contrast, ZUUM is creating value by connecting all participants and creating efficiency through automation, workflow integration and transparent information flow – not just capacity aggregation. Their business model is based on partnering with shippers, brokers, carriers, and drivers and bringing their knowledge, expertise, and capacity onto one universal platform. 

Digital Integration Creates Efficiency and Drives Defragmentation

Since its founding in 2016, ZUUM has grown to deliver thousands of freight-loads per month for more than 235 shippers, including several Fortune 500 companies. Freight is booked on an integrated logistics platform, matching shippers with vetted carriers. Automated bidding & dispatch, dynamic pricing, track & trace, workflow automation, document management, accounting, and predictive reports & analytics help maximize productivity. Universal connection through EDI and API connects both legacy and recent systems, including ERP, TMS, accounting, warehousing and other existing software. ZUUM offers the most comprehensive solution in the market to date and the first digital broker-in-the-box software. 

“We invested into ZUUM because of the agile, comprehensive technology suite they have developed. We anticipate strong demand from shippers, brokers, and carriers worldwide. ZUUM leadership has deep industry knowledge and a true partnership mindset. We look forward to expanding our cooperation,” says Pat Martin, VP Corporate Sales & Strategic Planning, Estes Express Lines (largest, privately owned freight shipping company in North America).

Solving Unprecedented Market Uncertainty and Freight Rate Fluctuations

With ongoing uncertainties in supply and demand due to COVID-19, freight rates have been fluctuating and finding capacity has become even more challenging.

ZUUM’s Logistics Super Platform is fully integrated and digitally connected, providing real-time capacity and freight visibility. Instant dynamic price quotes and automated notifications to all parties make ZUUM’s Digital Freight Marketplace the solution built for these volatile environments. Automated load matching, instant smart pricing, and tender acceptance enable fast response to freight price changes. Meeting demand efficiently and managing the transportation of goods and products from point of origin to point of consumption required a more seamless coordination of resources and businesses. ZUUM enables the efficient flow of information by connecting all logistics parties, ultimately establishing the synergy needed to drive the industry forward. ZUUM has grown rapidly since its inception and is projected to exceed a 300% growth rate in 2020. 

About ZUUM Transportation Inc.

ZUUM Transportation, Inc. is a rapidly growing tech startup transforming the logistics industry. Their vision is to optimize logistics and streamline supply chains globally with one efficient, automated, and easy-to-use super platform. Centralized information flow provides actionable intelligence, capacity aggregation provides instant access to vetted carriers, and back-office automation reduces errors and maximizes productivity. ZUUM combines a digital freight marketplace with a shipper TMS, broker SaaS, carrier TMS, and mobile driver app.

ZUUM – AUTOMATE YOUR FREIGHT™

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Blog Supply Chain Expertise

Technology in the Trucking Industry: What the Future Holds

The trucking industry is an example of a significant business vertical where technology can help optimize segments of an industry while also benefiting our planet and our society. Previously, transportation mainly relied on a classic model consisting of transportation infrastructure, fragmented technology, and more than 700,000 carriers with fewer than 20 trucks in the US alone. However, like with every other industry, companies have had to change with the times. The constant changes in tech have pushed those in logistics to diversify and transform in order to maintain a competitive advantage. Today, advances in technology promise to provide solutions to some of the industry’s biggest obstacles. 

How can technology solve these issues in the logistics industry? Let’s dive right in for a brief overview. 

1. The Driver Shortage

Always at the forefront when discussing what plagues freight, the driver shortage is a real issue for the industry. With drivers and employers butting heads over profits, and the American Trucking Association having officially recognized an ongoing shortage, companies in the meantime are at a loss of what to do. A layered situation, the shortage is not something that has appeared overnight, and it can’t be resolved overnight either. Today, there are only two solutions: Adding capacity by adding drivers & trucks or making what is called dark capacity accessible to shippers through technology.

Training drivers takes time and is costly. Technology, like Digital Freight Marketplaces, can be implemented faster, and instantly solve the problem of capacity access, as long as empty miles and unused capacity still exist. DFMs like the ZUUM DFM just require more adoption, where more shippers start to use DFMs for both dedicated and spot freight. The resulting increase of capacity utilization and resulting fewer empty miles also have a positive effect on carbon emissions. ZUUM’s new backhaul finder is a great example of technology that can alleviate the capacity problem for shippers, while increasing profitability for carriers by adding paying loads instead of empty miles.

In the future, automated trucking – either driver assisted autopilots or fully self-driving trucks – are also a solution that may be able to reduce the size of the problem. Some self-driving trucks are being tested today and may be more common on our roads within the next decade. According to Chuck Price, Chief Product Officer at TuSimple, “their new autonomous trucks can see forward over a half mile, farther than any other autonomous system in the world, and that they can run during the day, the night and even in the rain.” This technology could reduce the capacity problem, especially during times when transportation demand is high, as a temporary supplement to the truckers on the road today.

2. Lack of Efficiency

Time is money, and money is time. Regardless of where you work, almost every businessman will tell you the same thing. The good news is, there are countless ways to improve efficiency at every step of the way, thanks to different technology solutions. We can see this at the ground level, such as by using truck scales: they allow workers to weigh the shipment as they are simultaneously loading and unloading it, versus having to manually carry it back and forth in order to weigh it. Saving your worker’s time and energy helps ensure that they are happier at work and makes it so that the surplus is being reinvested elsewhere, thereby benefiting the employer. Software and driver apps that help truckers find the cheapest available gas, improved GPS features, and automated freight matching are all key improvements that help further freight.

3. Legacy Tools

The few technological enhancements in trucking are often legacy tools that has not been updated for years. New logistics technology companies are emerging and are offering innovative solutions. Software-as-a-Service, or SaaS, has been a game changer for many fleet management companies. From maintenance, route planning, trend analysis, and real-time updates on the shipment process, SaaS has made it possible for companies to go online and subscribe to a service without being locked in for years, potentially missing out on further technological innovation. Being internet-based increases accessibility and lets multiple parties make use of the software. A 2016 survey reported that over 60% of companies were already using SaaS, making it a welcome addition to technology that has improved trucking on a significant scale. 

At ZUUM Transportation, we believe that the future is in the details, and those details can be found in the technology that we choose to invest in. Learn more about our technology solutions here.

Related Sources:

https://www.mytruckpulse.com/blog/technology-innovation-in-trucking-industry.html

https://www.ttnews.com/articles/ai-trucking

https://hackernoon.com/5-future-transportation-technologies-that-will-boom-or-bust-in-2019-b5ee59f7f8f

https://interestingengineering.com/automated-trucks-are-coming-much-sooner-than-you-think

https://www.softwareadvice.com/resources/fleet-management-trucking-technology-trends/

https://www.geotab.com/blog/benefits-of-saas/

https://www.computereconomics.com/article.cfm?id=2253

Categories
Blog Broker News Logistics News

FreightWaves Reports: ZUUM ‘Unites and Defragments’ Digital Logistics

Tables showing freight technology with trucks in the background

ZUUM Transportation announced a second round of seed funding at $8.58 million as the industry rush to automate and streamline freight processes continues unabated.

Linda Baker, Senior Environment and Technology Reporter of FreightWaves, interviewed our COO & Co-Founder, Matt Tabatabai, about the future of transportation.

The ZUUM story began in 2016. A digital marketplace connecting shippers and carriers was launched first, followed by a broker-in-a-box solution that allows freight brokers to automate and scale. The modules are now part of the first logistics super platform: A comprehensive platform that includes a shipper transportation management system (TMS), broker software, carrier TMS and mobile driver app.

ZUUM Leadership

While many of the new logistics technology entrants originate in Silicon Valley — and don’t necessarily understand the complexity or the relationship-based nature of moving freight — ZUUM’s executive team has deep roots in logistics as well as in technology development. That combination has informed ZUUM’s collaborative approach to freight and freight technology.

An example of the “connect and streamline” approach is the company’s broker-in-a-box solution, which is designed to help freight brokers who feel threatened by technology. The solution allows traditional freight brokers to digitize and automate their business. Replacing time-consuming manual check-calls, tasks and customer updates with automated notifications maximizes productivity and frees up time.

Accelerating Logistics Innovation

Today, the company has launched seven products on its logistics super platform, enabling freight matching, automated bidding, dispatch, track and trace, workflow automation, digital document management, accounting & payment integration, as well as predictive reports and analytics.

ZUUM is currently automating freight for 235 active customers, including several Fortune 500 companies, and 20,000 carriers on its network. This success is supported through strategic partnerships with investors and other organizations in transportation. 

ZUUM’s latest fundraising round included participation from logistics companies such as Estes Express Lines, BNSF Logistics and Estes Forwarding, as well as SAIC Ventures and Holman Growth Ventures.

“Partnering and collaborating with shippers, brokers, carriers and drivers is our business model,” Says Matt Tabatabai, Co-founder and COO of ZUUM. “We create value by connecting and defragmenting – not by replacing American jobs.” 

ZUUM is accelerating logistics innovation. The raised funds are used for faster growth through sales and marketing, while also developing more features on the technology platform. 

Read full article at FreightWaves.com.

Categories
Blog Broker News Logistics News Supply Chain Expertise

ZUUM Transportation Raises $12.58 Million in Seed Funding

logistics technology with shipping port in the background

NEWSWIRE PRESS RELEASE  UPDATED: AUG 18, 2020 15:43 EDT

ZUUM announces the recent close of a 2nd round of seed funding at $8.58 million for a total raise of $12.58 million to date. The funding accelerates critical technology innovation in the fragmented logistics industry. ZUUM automates freight for shippers, brokers, carriers, and drivers on one universal platform.

“We are humbled and inspired by the investors who share our vision and believe in our mission, including Estes Express Lines, BNSF Logistics, Plug and Play Ventures, Logifruit of Spain, Estes Forwarding, SAIC Ventures, and Holman Growth Ventures,” states Mustafa Azizi, CEO of ZUUM Transportation, Inc.

Since its founding in 2016, ZUUM has grown to deliver thousands of loads per month for more than 235 shippers, including several Fortune 500 companies. Freight is booked on an integrated logistics platform, matching shippers with pre-vetted carriers. Automated bidding, dispatch, track & trace, workflow automation, digital document management, accounting, and predictive reports & analytics help maximize productivity. ZUUM offers the most comprehensive solution in the market to date and the first digital broker-in-the-box software.

Featured in:

“We invested into ZUUM because of the agile, comprehensive technology suite they have developed. We anticipate strong demand from shippers, brokers, and carriers worldwide. ZUUM leadership has deep industry knowledge and a true partnership mindset. We look forward to expanding our cooperation,” says Pat Martin, VP Corporate Sales & Strategic Planning, Estes Express Lines (largest, privately-owned freight shipping company in North America).

AUTOMATE FREIGHT

In 2016, CEO and Founder, Mustafa Azizi, and COO and Co-Founder, Matt Tabatabai, identified an urgent need for more efficiency in the $800 billion trucking industry. Fragmented processes, legacy software, unsustainable revenue models, and a lack of transparency are reducing profit and performance for all participants in the freight industry. For over 20,000 freight brokers in the US, the digital broker-in-the-box solution solves scalability issues. By allowing brokers of any size to digitize and automate, ZUUM increases broker productivity by more than 40%.

FIRST LOGISTICS SUPER PLATFORM

Today, ZUUM delivers efficiency by automating freight nationwide. Digital freight marketplace, shipper TMS, broker software, carrier TMS, and driver app are all connected on one Logistics Super Platform.

Are you a shipper? Shippers access instant freight quotes and gain real-time load visibility.

Are you a freight broker? Brokers accelerate load coverage and automate client notifications.

Are you a carrier? Carriers receive transparent commissions, profitable loads, and route optimization.

ZUUM delivers shipments reliably at a lower cost for shippers and at a higher profit for carriers, while reducing carbon emissions.

“We reduce transportation cost and improve service levels for shippers. Our software minimizes load failures and increases customer satisfaction for brokers. We reduce empty miles and maximize profitability for carriers. After just four years of operations, shippers, brokers, carriers, and drivers from all over the nation are counting on ZUUM. We are proud to automate their freight today, and will continue to build technology that solves the most critical challenges in logistics,” says Matt Tabatabai, COO of ZUUM Transportation, Inc.

About ZUUM Transportation

ZUUM Transportation, Inc. is a rapidly growing tech startup transforming the $1.2 trillion logistics industry. Their vision is to optimize logistics and streamline supply chains globally on one efficient, automated, and easy-to-use super platform. ZUUM combines a digital freight marketplace with a shipper TMS, broker software, carrier TMS, and driver app.

ZUUM – AUTOMATE YOUR FREIGHT ™