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Freelance network acquires freight marketplace

[ November 20, 2018   //   ]

Freelancing and crowdsourcing marketplace Freelancer.com has acquired Channel 40, which connects freight owners with transport operators, and relaunched it as Freightlancer.

Channel 40 was started in 2016 by mining executive Tom Cavanagh, who is also chief executive of EMS Group, one of Australia’s largest underground mining and tunnelling service providers.

It primarily services the construction, mining, tunnelling, rail and oil and gas industries, with over 6,000 freight operators in its marketplace. In the last 12 months, Channel 40 shipped over $4.5 million-worth of freight within Asia Pacific, as well as to the US and Europe.

Freightlancer is described as “a global marketplace for freight, shipping and transportation from complex enterprise haulage to consumer metro deliveries, powered by the world’s largest human labour cloud of over 30 million freelancers in 247 countries, regions and territories,”

Freelancer.com chief executive Matt Barrie said: “Freightlancer is powered by the world’s largest human labour cloud of over 30 million freelancers, our rapidly growing Enterprise division and our global payments business Escrow.com.”

He described Channel 40 and the launch of Freightlancer.com as the first vertical for Freelancer.com, specialising in end-to-end solutions within a single sector.

 

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