Financial Reports & Markets
C.H. Robinson chosen as logistics provider for merQbiz online marketplace
By P&PC Staff
By P&PC Staff
Feb. 1, 2018 – merQbiz, an online marketplace for the buying and selling of recovered paper (RCP), has announced it is collaborating with C.H. Robinson, a global third-party logistics provider (3PL) — a move they say will bring “unmatched freight capacity, competitive real-time pricing and a powerful supply chain network” to the platform.
The parties say they aim to address the day-to-day challenges facing the $30-billion RCP industry by streamlining, automating and bringing transparency to the buying and selling process.
“The integrated logistics solution is a game-changer for the industry,” said John Fox, CEO of merQbiz. “C.H. Robinson’s capabilities are a perfect complement to the merQbiz digital platform. Together, we aim to provide unmatched logistics capacity, increased options and real value for our customers.”
Launched in 2017 as a joint venture of Voith and Boston Consulting Group Digital Ventures, merQbiz connects buyers and sellers of recovered paper in a marketplace, allowing them to directly network with one another and access information about the supply and demand of RCP.
“This collaboration is a natural fit, as C.H. Robinson continues to digitize and optimize supply chains. It enables merQbiz customers to seamlessly access C.H. Robinson’s unmatched contract carrier network and secure transportation at a competitive price,” said Chris O’Brien, chief commercial officer for C.H. Robinson. “Together with the merQbiz online marketplace, we are bringing both our supply chain and technology expertise to drive change and digital innovation in the RCP industry. The collaboration also enables us to better serve an industry where we already have a significant footprint.”
The logistics feature is now live and available on the merQbiz platform.