Transplace, an Uber Freight Company Strengths, Domain Expertise, and Key Differentiators
Transplace powers a significant managed transportation and logistics network in the world with over $11 billion of Freight Under Management (FUM) and 62,000 unique users on their platform. They are committed to achieving supply chain excellence for customers by providing greater visibility and control of logistics networks to drive continuous performance improvement. Companies of all sizes rely on Transplace to deliver trusted outcomes through logistics management, strategic capacity, and cross-border services. They deliver on the customer promise with their tech-enabled solutions platform that is backed by a combination of innovative technology and a team of domain experts, engineers, and data scientists.
Transplace is a North American non-asset based logistics services provider offering manufacturers, retailers, chemical and consumer packaged goods companies the optimal blend of logistics technology and transportation management services.
Offering a complete suite of transportation management, strategic capacity, and cross-border & global trade services, Transplace’s customizable logistics solutions and technology gives businesses greater control of their transportation operations and enhanced visibility of shipments and overall supply chain performance.
Transplace, an Uber Freight Company Recent Developments
In November 2020, Transplace appointed new CMO Carmen Palo to reinforce the focus on high-tech logistics innovations. With more than 20 years of experience in marketing communications, Palo joined Transplace following her position of Senior Vice President of Marketing and Corporate Communications at HID Global. In this role, she led the company’s global marketing organization, responsible for driving revenue and profitable growth through digital marketing, events, customer communications, and public relations.
In July 2020, Transplace unveiled Transplace Platform Services (TPS). The cloud-based TPS suite provides shippers unprecedented access to Transplace’s technology, intelligence, and visibility platform to optimize supply chain operations in concert with their current Transportation Management System (TMS) infrastructure.
As North America’s largest transportation management provider, Transplace leverages its entire network to solve large-scale, complex supply chain problems for its customers.
Transplace, an Uber Freight Company Mergers and Acquisitions (M&A) Activities
In July 2021, Uber Freight and Transplace have entered into a definitive agreement for Uber Freight to acquire Transplace for approximately $2.25 billion, consisting of up to $750 million in common stock of Uber Freight’s parent company, Uber Technologies, Inc. Uber Freight will acquire Transplace from TPG Capital, the private equity platform of alternative asset firm TPG. Uber Freight’s acquisition of Transplace will create a serious competitor in the logistics technology platforms market, with large managed transportation and logistics networks in the world. The takeover is part of Uber’s efforts to look for revenue streams beyond cab aggregation.
In September 2020, Transplace took over LeanCor Supply Chain Group, a Florence, Kentucky-based consulting firm focused on end-to-end supply chain consulting, training, solutions, and lean manufacturing principles. LeanCor was founded in 2005 by Robert Martichenko and grew to more than 100 employees. The deal was Transplace’s third this year, following the acquisitions of Lanehub and ScanData and the financial terms of the deal were not disclosed.
In June 2020, Transplace acquired ScanData Systems, Inc. (ScanData), parcel transportation management solutions (PTMS) company. ScanData’s enterprise-class, multi-carrier, parcel shipping solution streamlines and optimizes carrier selection, booking, label printing, tracking, invoice reconciliation, and Business Intelligence reporting at scale. The solution covers shipping and logistics needs across the entire parcel life cycle.
In January 2020, Transplace acquired Lanehub, a cloud-based platform, and a community that encourages shipper-carrier collaboration by automatically identifying and connecting companies with complementary freight lanes to save on shipping expenses. The software focuses on matching recurring freight lanes on a consistent basis, in an effort to reduce transportation cost, increase fleet revenue, and improve overall carrier service and performance.
TPG Capital acquired Transplace from Greenbriar Equity Group LLC.
Transplace, an Uber Freight Company Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Transplace, an Uber Freight Company applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Transplace, an Uber Freight Company and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Transplace Transportation Management System (TMS) customers.
Transplace, an Uber Freight Company Overview
Ownership: - x
Number of Employees: 5000
Functional Markets: SCM,
Transplace, an Uber Freight Company Key Enterprise and Cloud Applications
Transplace Transportation Management System (TMS)
Transplace, an Uber Freight Company Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Transplace, an Uber Freight Company Revenue Breakdown By Type, $M:
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Transplace, an Uber Freight Company Enterprise Applications Revenues By Functional Markets, $M:
Transplace, an Uber Freight Company Enterprise Applications Revenues By Verticals, $M:
Transplace, an Uber Freight Company Revenues By Region, $M
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Transplace, an Uber Freight Company Direct vs Indirect sales
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Transplace, an Uber Freight Company Customers - Breakdown by Geo, Size, Vertical and Product
No. of Transplace, an Uber Freight Company Customers: 1700
No. of Transplace, an Uber Freight Company Enterprise Applications Customers: 1700
No. of Transplace, an Uber Freight Company Cloud Customers: x
No. of Transplace, an Uber Freight Company Cloud Subscribers: 63000
In June 2020, Kellogg Company announced its implementation of Transplace’s Customs Portal and customs brokerage services. The new agreement will enable the cereal and prepared foods provider to streamline customs compliance and cross-border logistics while gaining shipment visibility and control.
As a significant managed transportation service provider in North America, Transplace generates gross revenue of over $3.2 billion from more than 1,700 customers.
Transplace, an Uber Freight Company Market Opportunities, M&A and Geo Expansions
In March 2021, Transplace expanded its Logistics Technology Platform to Europe with its newest technology release and an opening of an office in the Netherlands. Located in Leusden, Netherlands, the new office is situated at the logistics gateway of Europe. Transplace is well-positioned for growth in Europe and expects to have $300MM / € 250MM in freight under management by midyear.
In July 2020, Bonafont Launching Transplace’s Advanced Software-as-a-Service (SaaS) Transportation Management System (TMS) to Streamline its Supply Chain.
In March 2019 Transplace, constructed a new operations center in Rogers, Ark to support company growth and technology investment to meet the supply chain needs of its growing customer base.
In February 2019 Transplace has partnered with Noodle.ai, a provider of Enterprise AI® applications. The partnership enables Transplace to further integrate AI and machine learning technologies into its operations in order to deliver enhanced logistics services and technology to shippers.
In October 2018, Transplace acquired the intermodal marketing company and over-the-road freight brokerage group of Yusen Logistics (Americas) Inc., a subsidiary of Nippon Yusen Kaisha. The deal will strengthen Transplace’s North American intermodal capabilities as it looks to meet the needs of its customers’ supply chains, which includes interpreting policy changes like the recently announced United States-Mexico-Canada Agreement that could eventually replace NAFTA.
Transplace, an Uber Freight Company Risks and Challenges
There is a strategic rationale for the acquisition of Transplace, although it's a little bit surprising to see Uber Freight acquire a managed transportation company rather than another digital broker—though this does expand their product offering and market position, and potentially could significantly accelerate their path to profitability. As in any acquisition, successful integration of those entities is critical in maintaining and growing the customer base and the talent pool.
Transplace, an Uber Freight Company Ecosystem, Partners, Resellers and SI
In February 2020, Transplace partnered with Feeding America, the largest domestic hunger-relief organization in the United States. Transplace is donating $150,000 to Feeding America and is supporting them from a technology and services standpoint, including a project on how to optimally create and deliver a new hub that will serve as a distribution center in Northern California.
In April 2019 Transplace has partnered with Riskpulse to enhance real-time, predictive risk analytics capabilities. The partnership enables Transplace to further integrate machine learning and predictive analytics into its logistics management solutions in order to bring greater predictability and optimization to the supply chain.
Offering a complete suite of transportation management, strategic capacity, and cross-border and global trade services, Transplace’s customizable logistics solutions and best-in-class technology gives organizations greater control of their transportation operations, as well as enhanced visibility of shipments and overall supply chain performance.
As part of its proprietary Transportation Management System (TMS), the Transplace Control Tower provides shippers with a comprehensive, graphical view of all shipments, while integrating weather and traffic information – giving shippers a singular, all-encompassing, real-time view of their entire transportation network along with external factors that could impact it.
Transplace collaborates with a range of business partners to provide best-in-class technologies and services to customers. They also sponsor supply chain programs for a number of major universities, lending expertise at events and keeping in close contact with logistics professionals of the future.
Transplace, an Uber Freight Company Cloud Infrastructure Insights
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