It’s no secret that the pandemic disrupted the supply chain and massively slowed down delivery times, particularly in the early months. Fortunately, Beaverton-based DAT Freight & Analytics was able to leverage its freight software to optimize deliveries.
DAT operates the largest truckload freight marketplace in North America. Transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights derived from 249 million freight matches and a database of $110 billion of market transactions.
“We are the Airbnb of freight, or more like Match.com,” said Jeff Hopper, CMO at DAT. “Businesses post their loads to our network so truckers with available space can find a match and negotiate a price. These transactions generate valuable data for us to analyze and share, and help both the shipper and trucker succeed. Overall, one million loads a day are moved through our platform.”
The pandemic affected DAT in much the same way as other companies that keep freight moving. Fortunately, DAT’s massive freight network was instrumental to their customers during the pandemic amid halted factories, reduced production, delayed deliveries, and labor shortages.
“DAT is the anchor in the storm,” said Hopper. “We offer best-in-class technology that ultimately helps customers with goods to take the uncertainty out of their supply chain. We were the resilience-keeper during the pandemic, and we continue to be.”
Every day, truck drivers, freight brokers, and shippers alike rely on DAT for both its massive network of spot truckload freight and its vast amounts of pricing data that help customers manage their supply chain and logistics more reliably and profitably.
DAT has aggregated more freight data than anyone else in North America, collected via access to billions of dollars of freight transactions. DAT’s data scientists analyze the data and perform modeling to produce more predictable rates and information that the entire freight industry uses.
Of course, a key ingredient in DAT’s resilience during the pandemic was their staff. As the company grows and stays on the bleeding edge of technology and innovation, DAT has found success relying on a highly talented team of people.
“We’ve been very successful over the last few years,” said Hopper. “We’re growing at lightning speed and are reshaping an entire industry using technology. The systems and capabilities needed to do that are immense. We couldn’t do what we do without our incredible team and are constantly looking for new talent to join us.”
And new team members will be needed, particularly as the shipping industry continues to be influenced by technology.
DAT opened a new office earlier in the year in Denver, Colorado, which is quickly becoming a tech hub in its own right.