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
XPO Logistics Inc.

XPO Logistics is a global provider of supply chain solutions to various companies. The company has two reporting segments: Transportation and Logistics. The company's Transportation segment facilitates the movement of raw materials, parts and finished goods. The company's transportation services include truck brokerage, expedite, intermodal, drayage, last mile, less-than-truckload, full truckload, global forwarding and managed transportation. The company's Logistics segment services include warehousing, distribution and inventory management, omnichannel and e-commerce fulfillment, reverse logistics, cold chain solutions, packaging and labeling, factory support, aftermarket support and order personalization services.

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

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