Freight broker uShip has appointed Mike Williams its next CEO, effective Feb. 13.
Williams previously was a general manager of corporate real estate firm Accruent, the largest provider of software for real estate and facilities management. During his time with Accruent, enterprise software revenues tripled, uShip said.
Williams will replace former CEO and uShip founder Matt Chasen, who left the company last December.
“There are all kinds of transformations underway in the transportation and logistics industry. If you’re a shipper looking for better types of service, if you’re a motor carrier looking to fill loads, if you’re a 3PL, there is a lot of opportunity to leverage technology and innovation to deliver better service,” Williams said.
Interim CEO Jim Martell has been appointed executive chairman of the board.
“Mike’s enthusiasm, business acumen, disciplined management and track record of revenue growth make him an ideal fit for this role,” Martell said. “In uShip, Mike will be guiding a true market leader that’s advancing in this space at a time when logistics is seeing unprecedented disruption, innovation and investment, unlike anything I’ve seen in my four decades in the industry.”
He takes the helm at a busy time in the freight brokerage and third-party logistics industry. Cargo Chief and uShip have established themselves on the tech front, but there other venture capitalist startups are entering each year. Amazon also might start an international and domestic transportation and logistics business. The online retail giant generated $136 billion in total sales last year, earned $2.4 billion in profits and $9.7 billion in free cash flow.
“It’s going to keep everyone on their toes,” Williams said. “It’s causing companies of all shapes and sizes across the supply chain to take notice and ask whether they’re doing everything they can to satisfy their customers’ needs and leveraging technology to stay competitive.”
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