Report
Matthew Young
EUR 100.00 For Business Accounts Only

Upstart Digital Truck Brokers Not in the Fast Lane to Disrupt Moatworthy Incumbents

Because of high investor interest, we took another close look at the upstart digital freight-matching companies, or DFMs. A few have changed course, but most are still trying to disrupt the traditional truck brokers, supported by a spike in venture capital funding. Uber Freight, Convoy, and Transfix have emerged as front-runners, at least in terms of gross revenue, but we suspect net revenue run rates remain low and operating margins are negligible. DFMs are trying to penetrate asset-light truck...
Underlying
Knight-Swift Transportation Holdings Inc. Class A

Knight-Swift Transportation Holdings is a truckload carrier and a provider of transportation solutions. The company provides multiple truckload transportation, intermodal, and logistics services using a nationwide network of business units and terminals in the United States and Mexico. In addition to its truckload services, the company contracts with third-party capacity providers to provide a range of truckload services to its customers. The company operates company tractors, independent contractor tractors, and trailers within its Knight Trucking, Swift Truckload, Swift Dedicated, and Swift Refrigerated segments. Additionally, the company operates tractors and intermodal containers within its Swift Intermodal segment.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Young

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch