DALLAS, April 11, 2024 /PRNewswire/ -- MODE Global, a multi-billion, multi-brand 3PL platform and one of the world's leading logistics companies, is announcing a collaboration with Transporeon, a Trimble Company. The collaboration aims to leverage automation to tender both spot and dedicated freight using Autonomous Procurement offered by Transporeon. As a leading Transportation Management Platform, it will be white-labeled and customized for MODE as MODE Global Marketplace.
Given ongoing market challenges and rate volatility, consistent and reliable procurement has been a challenging area for shippers, carriers and intermediaries globally. Many transportation industry stakeholders, like MODE, recognize the potential of machine learning and data analytics to help navigate market conditions more dynamically. Transporeon's AI and behavioral science-driven Autonomous Procurement solution for spot sourcing optimizes the entire freight procurement process. It transforms formerly manual procedures characterized by multiple touchpoints into a streamlined, automated process.
As part of this collaboration, Autonomous Procurement by Transporeon will be available in the MODE Global Marketplace. This will ...