CX North America brings advanced freight collaboration solutions to the transportation industry
CX North America Information Services Inc. (CX North America) announced the launch of the company and the opening of its headquarters office in Tecumseh, Ontario. CX North America is a wholly-owned subsidiary of Transport Exchange Group, a major solutions provider to the road transport industry in the United Kingdom and operator of two of its largest freight exchanges. Transport Exchange Group also operates CX Euro, another wholly-owned subsidiary providing transport collaboration solutions for Europe from its headquarters in the Netherlands. More than 4,500 companies currently rely on collaboration services from Transport Exchange Group.
Collaboration and communication pose major challenges in today’s freight transport environment. CX North America believes the need for better visibility, agility, efficiency, collaboration and control across carrier partners and assets has never been greater, especially in North America. Competition within the $800 billion trucking industry is increasing, and major new players have plans to transform the sector. There are, for example, reports that Amazon, in addition to buying trailers and cargo planes, is building a software application that will match truck drivers with shippers, eliminating the need for third-party brokers. Likewise, Uber launched a new division–Uber Freight–and acquired Otto, a self-driving trucking company. Uber Freight’s marketplace will directly connect shippers with trucks. Today’s carriers, brokers and 3PLs must step up their game to compete effectively in this rapidly changing environment. CX North America, by virtue of its industry expertise, professional tools and unparalleled support network, is in a unique position to help change the dynamics North American transportation companies face.