BoxC’s data-sharing initiative with the FDA showcases the growing need for government regulators to work with supply chains to fix operational inefficiencies.

This week: J.B. Hunt is inducted into the philanthropic society of a Texas cancer center, NFI helps Girl Scouts earn their Transportation Badge and Werner continues to wear red to support a military nonprofit.

Supply chain visibility leaders provide insight on their decisions in 2022 and what’s in store for the FreightTech segment in 2023.

As FetchGoat began to grow, co-founder and CEO Bill Hale had one strategic investor in mind.

Blockchain technology provider CargoX believes skeptics shouldn’t be bystanders in the creation of global shipping data standards.

This week: Husband-and-wife team delivers the U.S. Capitol Christmas tree, Wabash continues to support the local Feeding America food bank and Love’s distributes holiday meals to military families.

“Whether a company is big or small, they all need to provide visibility to their customers. … If a company can’t provide delivery dates, process inventory efficiency and delivery on-time then the customers will go somewhere else,” said project44 founder and CEO Jett McCandless.

“Now, stone yards across the country can get on our site, find a load of stone, get the shipping cost and book a truck in a matter of minutes,” said StoneLoads CEO Patrick Wells.

El Scheduling Standards Consortium busca la opinión de los líderes tecnológicos del sector

“Scheduling appointments at facilities is one of the most common activities in trucking, but it is also one of the most fragmented and offline,” said Dan Lewis, co-founder and CEO of Convoy.

This week: J.B. Hunt donates money and supplies to over 55 classrooms across the U.S. Drivers for Mack Trucks take to social media with animal selfies for a good cause and Love’s donates to a child advocacy group that helps foster care children.

This week: Crowley adds a third location to its Wreaths Across America sponsorship; XPO donates over 42,000 pairs of socks to the homeless; and UPS supports safe mobility habits in Bangkok.

“The procurement of industrial products and spare parts is at a critical crossroads as the global supply chain is faced with unprecedented headwinds,” said Chris Lawrence, managing partner at Labyrinth Capital Partners.

“We will continue our ecosystem expansion, powering even more flexibility in quoting and securing capacity as well as some tactical expansion into additional modes and methods of transportation,” said Greenscreens.ai CEO Dawn Salvucci-Favier.

“We strategically positioned our carriers six months ago for the freight they are hauling today,” said the company’s senior director of capacity, Ivan Momchilov.

“We understand that the transition from Kuebix to MyCarrier may seem stressful for some of our shippers, but Estes, Trimble and MyCarrier are committed to simplifying the process,” said President and CEO Rob Estes.

“U.S. merchants and marketplaces will need to look for new customers, and this may be a great opportunity to market to and acquire customers from beyond their borders in Q4 and into 2023,” said BoxC’s new director of business development, Mark Waverek.

“LuckyTruck would not be where it is today without Julie,” said founder and President Devin Bostick of new CEO Julie Zimmer.

Better Tomorrow Ventures’ Jake Gibson says LogRock is “well positioned to help fleets save real money by staying off the FMCSA’s radar and steering clear of avoidable court cases.”

This week: J.B. Hunt launches a scholarship program for employee dependents and grandchildren, Maersk’s rainbow container is enjoyed by employees in Cape Town, South Africa, and Schneider receives its 14th Ride of Pride truck.

Since founding as Kargoo in 2018, Los Angeles-based Shappi has raised $3.2 million to digitize the process of getting goods from the United States into the hands of consumers in Latin America.

Woodlawn Partners leads the debt and equity co-investment with Monroe Capital.

The founders of SaferWatch have joined forces again to launch Carrier Details, which aggregates federal carrier data for clients’ operational and sales use.

Mexico’s over-the-road freight market has a forecast CAGR of 9.91% through 2027.

This week: XPO driver reaches 4 million safe driving miles, Walmart opens a new facility in Illinois and donates to local charities and Getir donates over 80,000 pounds of food to nonprofits.

“There is a lot of innovation coming out of these new therapies, and our customers were afraid they had created the best medicine in the world but could not deliver it,” said Tive’s Alex Guillen.

“Using the TruckCoinSwap mobile and web apps — and TCS Token — transportation companies can now receive free invoice settlement and get paid sooner. TCS is helping to write a new chapter in blockchain and Web3,” says CTO Jake Centner.

“Their truck-first mentality is the right approach to win the highly fragmented road freight industry,” says a Founders Fund partner on its recent investment.

“Not only do we collect more data than other freight providers, we go one step further by distilling that data into interactive dashboards that surface anomalies shippers can act on to save time and money,” says Convoy’s Dorothy Li.

This week: A Georgia driver fighting for more women in the industry receives a renovated cab from Transfix, and a safety nonprofit teaches pedestrians and drivers about the dangers of trespassing onto train tracks.

Logistics fintech platform Axle Payments announced Thursday a rebranding to Denim after disclosing it has finished its $126 million Series B funding round.

Cameron Eastman, a software-as-a-service veteran, has joined supply chain digital ecosystem Transflo as its new CFO to lead its next stage of product development.

“This new funding will help us accelerate development of our platform and add even more data sets to enrich our expert industry analyses to further drive transparency in the market,” says Xeneta co-founder and CEO Patrik Berglund.

This week: Logistics companies, trailer manufacturers and trucking nonprofits prepare to celebrate drivers for National Truck Driver Appreciation week.

Boa Logistics aims to “create heavier densities heading in the same direction, ultimately making a more efficient revolving supply chain for the carriers in our network.”

In a Q&A with FreightWaves, Shifl CEO Shabsie Levy says of current general rate increase global shipping practices: “It essentially incentivizes chaos and disruption but yet doesn’t play in anyone’s favor.”

“Inflation has spiked aggressively, you have rising fuel costs as well and we recognize that sometimes two days or longer may still be too long to wait,” says Convoy co-founder Grant Goodale.

“FedEx is not just making an investment. They are also rightly identifying tracking and visibility as vital areas in the supply chain,” says Cambridge Capital’s Benjamin Gordon.

This week: Schneider driver becomes first woman to receive veteran Ride of Pride truck, FedEx celebrates 10th anniversary of Purple Eagle program and WIT releases latest diversity index report.

Crowley Solutions CPO Shashank Panchangam explains how siloed data will stall the industry’s fintech future.

This week: University of Arkansas’ undergraduate integrated supply chain management program renamed in honor of J.B. Hunt; CFI wraps another truck for its “She Drives CFI” initiative; and Bendix helps build a new high school athletics facility in the new headquarters’ community.

According to an email sent by FourKites founder and CEO Mathew Elenjickal and acquired by FreightWaves, the board of the Chicago-based company has requested a full “product portfolio review to align with market realities.”

Trucking compliance solutions company co-founder Hunter Yaw explains the “today costs” of compliance programs.

This week: Ally Logistics helps support reefs off the coast of West Maui, Carrier Logistics donates to an autism awareness group and CMA CGM drops the first of two buoys to help monitor the whale population off the East Coast.

“Terra is the largest transportation solutions company … that you’ve probably never heard of,” said the founder and chief operating officer of Terra Worldwide.

“Most customers are trying to decrease their costs per load when it comes to visibility tools of cold chain and perishable shipments. Tive Tag delivers exactly what they need at drastically lower costs,” said Tive’s vice president of global marketing.

“We see TaaS as something more than leasing, something more than rental. We see it as a way we can create custom solutions for different digital partners as they try to maximize their business,” said Wabash President and CEO Brent Yeagy.

Walmart has announced a partnership with Platform Science to equip the retailer’s private truck fleet of 12,000 drivers with telematics tablet devices.

With over $170 million from investors, executive leadership from legacy companies and a restructured plan for long-term growth, Emerge’s leadership is looking forward to continuing its core mission of modernizing procurement processes.

“This allows Samsung to set a new bar of service levels for logistics customers, and Vizion supports this through hyperfocus on enhanced visibility technologies,” said Kyle Henderson, co-founder and CEO of Vizion.

This week: Loadsmart teams up with The Home Depot Foundation to support veterans, Ruan aids community after celebrating its 90th anniversary, and Walmart donates to nonprofits at the grand opening of a new e-commerce fulfillment center in Pennsylvania.

“While this was not an easy decision to make, restructuring our organization keeps us on a path of success, provides the opportunity to improve efficiency and collaboration and allows us to better address the evolving needs of our customers,” said project44 founder and CEO Jett McCandless.

This week: St. Christopher reaches a giving milestone and kicks off its Round Up Campaign with TA, the BTA announces a new board chairman and UPS holds its first Impact Summit.

To date, drivers have completed 45,000 loads and have earned over $75 million using CloudTrucks’ solutions, according to co-founder and CEO Tobenna Arodiogbu.

NewRoad Capital Partners leads Series B investment in cloud fulfillment platform Logiwa.

The company specifically runs its fleet on Interstate 5 using proprietary technology to relay drivers.

Baton eliminates 25% of its workforce to pivot its business model to focus on its artificial intelligence transportation management software for drop-freight operation

This week: Theresa DeSantis takes home a second SuperRigs Best of Show award, Schneider donates to LGBTQIA+ non-profit organization and Swift honors POW/MIA veterans with a newly wrapped Kenworth.

Mientras la economía se corrige, ¿cuál es el estado del capital riesgo?

As the economy corrects itself, where does VC stand?

“First, have no fear. Secondly, believe in yourself. Lastly, know your costs more than anyone else. When you have those things, you have the best chance for success,” said the president of Bottomley Enterprises.

“Cash flow and back-office support has always been a large part of what we do. Yet there are so many other ways to help small and midsized carriers better compete in the industry, to not only survive tough market conditions but thrive during the better days as well,” said co-founder and CEO Fritz Owens.

This week: Marathon Petroleum partners with WIT, CMA CGM plans to plant more coral nurseries and UPS re-commits itself to LGBTQIA+ employees for Pride Month.

La plataforma de adquisición de mercancías aprovecha SONAR para el análisis del proceso de licitación

“Shifex has tremendous insight and we hope to inspire other freight forwarders to come out, be transparent about pricing and move this industry forward,” said Shifl founder and CEO Shabsie Levy.

“The cost of trucking is dramatically going down and we’re hitting a recession that is not going to get any better. It’s surprising how many shippers are running annual bids when they should be running three-month bid cycles on almost all of their lanes,” said Emerge founder and CEO Andrew Leto.

This week: Schneider is awarded another Ride of Pride truck from Freightliner, Shell Rotella SuperRigs gets ready to celebrate its 40th anniversary and Suttons Tankers wraps a truck to honor Queen Elizabeth II’s Jubilee.

“One of the more challenging aspects of any tech startup is to strategically coordinate the scale of the organization. Working closely with Microsoft will help ensure we are utilizing best practices to develop rapidly without incurring technical debt,” says FetchGoat’s CTO.

This week: The Women in Trucking Association honors influential women; ANL aims to rehabilitate the Australian turtle population; and C.H. Robinson recognizes its top-quality carriers.

“Ensuring companies stay compliant certainly isn’t the sexiest venture, but in the trucking industry, it’s one of the most important aspects to get right.”

This week: The maritime industry celebrates its first International Day for Women, Leonard’s Express unveils its first of five patriotic trucks, and FedEx helps milk banks ship breast milk to combat the formula shortage.

“The time is right for a seismic shift online in the world of open deck shipping. Thanks to its shipper TMS solution, internal TMS and carrier management portal, we feel EXO Freight is poised to fundamentally improve the economics and quality of life for open deck carriers and their drivers,” said Dan Ahrens, managing partner at Left Lane Capital.

This week: Trailer Bridge and ATS International donate to Habitat for Humanity of Puerto Rico, UPS makes $38,000 in donations to Down Syndrome Alabama and MSC moves Operation Smile medical supplies.

Byrd currently services the U.K., France, Germany, Austria, Italy, Spain and the Netherlands, and with its new capital, the company plans to expand its delivery network and warehouse capabilities to Sweden, Denmark and Poland.

This week: Pilot donates $100,000 to Hire Heroes USA; Scrubblade becomes a sponsor of the St. Christopher Truckers Relief Fund; and TravelCenters of America starts taking nominations for its trucker awards.

Transportation lawyer Cassandra Gaines describes the process of combining legal lessons into carrier monitoring FreightTech.

Paxafe closes on additional $1.5 million round led by Venture 53 with participation from Value Chain Ventures, project44’s Jett McCandless and Metafora’s Peter Rentschler.

This week: J.B. Hunt recognizes its first female driver to hit 3 million safe driving miles, FedEx Ground announces its Entrepreneurs of the Year, and Walmart gives back to the community of its new distribution center.

“Our belief is we can use the software we have built for large carriers to do the last mile and apply that software for local DC-to-DC [shipments] to pass our relay efficiencies and savings to shippers while allowing drivers in our network to earn more,” said Baton’s co-founder.

Kai Timmermann says the FMC’s “relatively standardized narrow dataset will solve a large portion of operational issues” in global shipping.

This week: St. Christopher reports its 2022 charitable progress, Operation Lifesaver delivers funds to 11 states and FedEx partners with Social Motion for Autism Acceptance Month.

The digital freight network has reached a $3.8 billion valuation after raising $160 million in series E funding and $100 in venture debt.

“TriumphPay has already made substantial progress in bringing much-needed innovation to the crucial payments component of the freight industry,” said Melissa Forman, the company’s new president.

The accelerator firm’s Supply Chain Innovation Platform connects Fortune 500 companies with FreightTech startups for continuous logistics innovation and efficiency.

This week: FedEx supports STEM exhibits at the new Amelia Earhart museum; Love’s donates to St. Christopher Truckers Relief; and One Tree Planted helps celebrate Earth Day.

“We are experiencing rapid growth across different customer segments and verticals, and more and more companies from non-trucking industries are asking to use our products. We believe that as we are entering our next phase of growth, the time is right to implement this change,” said Motive CEO Shoaib Makani.

“We have a huge opportunity to let the world know that a tracking solution like this exists. We are going to take this funding and make sure that happens,” said Tive founder and CEO Krenar Komoni.

This week: UPS highlights employee volunteerism for Global Volunteer Month, Women in Trucking honors Candor Expedite’s Nicole Glenn and ONE helps with regreening initiatives in Africa.

S+V Technologies’ solution to sell products in transit caught the attention of investors including Ridgeline Partners, Chicago Ventures and project44 founder and CEO Jett McCandless.

Aircon is “building technology to achieve operational efficiencies that will change what air cargo means to the global supply chain.”

This week: Trucking Cares donates to Ukraine relief funds, Bendix supports hospice Pappus House and the UPS Foundation celebrates Women’s History Month.

“We realized we don’t need to make the carrier give us that information to let them see our loads. Instead, let’s give the carriers a platform where they can search loads, even bid on them, without having to provide us all of that info,” Zuum’s product manager told FreightWaves.

“Prompt is the leading logistics technology company with all the major global data privacy and security certifications — GDPR, ISO27001 and SOC 2 — meaning that we can, and have, met the requirements of even the most stringent IT departments,” says Prompt CEO Robert Petti.

“If you are a startup or anyone looking to get your name out there, there is no better way than to start with these events,” says Emerge founder and CEO Andrew Leto.

This week: Pilot announces details of its three-year remodeling plans; the Women Automotive Network releases diversity survey data; and Fayetteville State University honors successful supply chain interns.

On the new app, users will log in to an updated timeline of FreightWaves content and have the ability to comment, like and share with contacts and other social media sites.

The supply chain “can have a huge impact on improving the state of the world,” says
project44 COO Vivek Kundra.

Adoption of this technology is part of Egypt’s 2030 Vision, a long-term strategic plan to achieve sustainable development across economic, social and environmental sectors. Since adopting the initiative in 2020, Egypt has remained the only country in the Middle East and North Africa to avoid economic recession.

“With TriumphPay handling payments for all stakeholders at each stage of the post-load payment journey in a secure and transparent fashion, carriers, brokers, factors and shippers will have more time to focus on other important business decisions,” said Melissa Forman, senior vice president and chief strategy officer at TriumphPay.

This week: CMA CGM supports World Wildlife Fund tiger exhibit in Singapore, Werner releases details of its resource groups, and Forbes has a number of transportation and logistics companies on its best large employer list.