Current trends from the Asia Pacific supply chain
Want to know more about the Asia Pacific regional supply chain?
The 2011 Analytiqa Asia Pacific Supply Chain Director's Survey focuses on the key challenges faced by Supply Chain Directors in Asia, and was released this week.
Businesses today are defined by their supply chains, a source of competitive advantage if managed effectively. With the global economy redefining the dynamics of industry competition, today's faster-paced markets demand speed, flexibility and innovation.
Modern businesses face higher levels of scrutiny as they are pressurized to meet ever increasing customer requirements on an ongoing and increasingly demanding cost efficient basis.
In these challenging economic times, manufacturers and retailers continue to strive to achieve a profitable balance between satisfying customer requirements whilst streamlining their operational cost base.
The Analytiqa Asia Pacific Supply Chain Director's Survey presents an Asia Pacific market perspective on the current supply chain industry based on primary information and opinion gathered directly from senior professionals within the region.
The report assesses the dynamics of the decision-making currently employed by manufacturers and retailers across Asia Pacific in driving their supply chain strategy. This unique and privileged perspective, based on insight collected and analyzed by Analytiqa from an independent and unbiased standpoint, provides you a critical window into the thoughts and concerns of Supply Chain Directors in the current operational climate.
This report will further assist you to better understand a demanding and challenging client base or simply benchmark your own thoughts, opinions or day-to-day operational experiences.
The Analytiqa report is ideally suited to meet the information needs of professionals operating within companies that are either dedicated Asian contract logistics providers, supply chain service providers or a professional services organization within the retail and manufacturing supply chain sectors across Asia Pacific.
As a supplier, customer or logistics service provider, this research will enable the informed identification and targeting of key drivers impacting on the decision making and supply chain strategies of major manufacturers and retailers across Asia.
You can purchase the report by clicking here.
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.