John Schneider will give a portion of the album sales to the St. Christopher Truckers Development and Relief Fund, a nonprofit organization that helps over-the-road drivers and their families when they have experienced an illness or an injury that keeps them off the road.
This deal would have been Vista’s fourth attempt to exit its investment with transportation telematics provider Omnitracs, along with a second attempt to merge with the firm’s portfolio company, Solera, an automotive and insurance software company.
“Robotics and automation are a way for industries such as manufacturing to remain competitive in ‘America 2.0.,’ but these advances in technology don’t come without risks,” said Mark Cuban.
“TJC has proven success partnering with companies in our industry, and their international expertise will provide a distinct advantage for sustained organic growth and future acquisitions around the world,” said AIT’s president and CEO.
In the funding announcement, Dutchie reported it acquired two cannabis retail technologies — software provider LeafLogix and retail platform Greenbits — for an undisclosed amount.
With Malcolm Wilson, XPO’s chief executive officer for Europe, taking the lead as the CEO of GXO, the company expects the spinoff will create long-term value for its stakeholders.
Refraction AI discovered many last-mile AVs used a sensor system known as LiDAR, which was causing bottlenecks in deploying these vehicles into the real world.
The service will generate customized updates that include projected time out and port dwell times along with recommendations for shipping strategies from the project44 team.
“Our goal is to empower brands and make it easy for them to scale. As these brands scale, the warehouses experience growth as well,” says Flowspace CEO Ben Eachus.
The Baidu Apollo fleet consists of 500 vehicles, with open-road tests conducted in 30 cities around the world. The company’s Robotaxi service has carried 210,000 passengers and is available in Beijing, Changsha and Cangzhou, with plans to move into 30 more cities over the next three years.
“Nimble is a plug and play solution and has repeatedly demonstrated that its robot systems can be integrated and picking in production on day one without changing a single line of code in the warehouse management system,” said Michael Pucker, chairman and CEO of DNS Capital.
The next CVSA championship is scheduled for Aug. 15-19, 2022, in Indianapolis.
The company can deliver over 90% of its orders same or next day, and has access to 99% of the population.
“Together we have ambitious plans to invest in and expand the Remix product suite to offer enhanced capabilities for planning and bus scheduling and operations,” said Via co-founders Daniel Ramot and Oren Shoval.
The SPAC combination would be at least the fourth time Vista has tried to exit its investment in Omnitracs.
“The pilot uses a game controller to position the hot stab in the receptacle, and the force compliance feature autocorrects manipulator orientation to eliminate any outside forces.”
“We are focused on helping early stage companies scale up and be successful on that journey by having access to our facilities, our technical experts and our global business network.”
“With Market Access, shippers gain risk transparency,” Uber Freight’s co-founder said. “In a market, not every shipper has the same needs. This tool puts the risk in the shippers’ hands so they can make decisions based on their companies’ specific needs.”
“A rising tide lifts all boats,” ZMac CEO Matt Ziegler said. “If brokerages can access our knowledge to make better capacity decisions, then we can start eliminating the headaches that come from moving oversized freight.”
“We will be better positioned, not just to compete with these large disruptors but to service those smaller customers and retailers that need access to both technology solutions and a large terminal network,” said Mullen Group CEO Murray K. Mullen.
The Japanese company is leveraging its logistics facility hardware, like security cameras and bar code readers, with Blue Yonder’s artificial intelligence software that can predict product demand and audit supply chains for inefficiencies.
The ATA will continue its Technology & Maintenance Council events to promote safety throughout 2021, though the National Truck Driving Championships will again be canceled.
The new brand will continue to bring real-time and predictive risk analytics to the supply chains of world-leading brands like Disney, Campbell’s, Apple and Goodyear.
“Hannah grew up in this industry and she knows our product and the customer’s needs better than anyone. She’s already a tremendous leader within the organization, and now is her time,” said former CEO and father Yosie Lebovich.
The Home Depot, a current customer of Loadsmart, was happy to see the brokerage continue its commitment to bring freight optimization to its supply chain.
“This is the greatest era to put out content on LinkedIn,” says Gary Vaynerchuk.
Concurrent to insolvency discussions, Greensill is considering the sale of its operating business to Apollo Global Management Inc. for $100 million, according to a report.
“Mid-Pacific gives us a West Coast presence and significant expertise in the open deck segment of the industry,” said Matt Ziegler, CEO of ZMac Transportation.
Descartes acquired QuestaWeb for approximately $36 million.
Tripp and Detour continue their over-the-road adventures with a load of hot dogs, traveling through New York City boroughs to the Little League World series in Williamsport, Pennsylvania.
Five innovative FreightTech companies showcased their cutting-edge solutions during the FreightWaves Global Supply Chain Week.
Coming out of the University of Cambridge, the team has extensive research published in academic journals to back up their claims.
The software platform could help restore “lifetime value” to the 9.5 million tons of furniture that end up in landfills each year.
The connection of these two platforms will empower Redwood customers with the ability to quote and book shipments in seconds, with reliable capacity.
The COO of ZUUM Transportation explained this expansion was a part of a continued effort to bring competitors and partners together to solve industry pain points.
CONA also partnered with Unibright in August to develop enterprise blockchain applications aiming to create a “Coca-Cola Bottling Harbor.”
“The longer it takes for us to communicate to each other … the longer the end customer, who we are all focused on at the end of the day, has to wait for information.”
“In April, our entire combined fleet was in high demand … . All of a sudden we found ourselves completely sold out.”
According to Bank of America and McKinsey, 10 years of expected e-commerce growth penetrated in three months’ time.
As of September, the company sits at 800 warehouses and has been able to use these assets to ensure on-time delivery.
This labor economy has historically dealt with an information deficit, which forces companies to overhire in order to find the correct employee for the job.