“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.
Global logistics firm Expeditors International says it is moving closer to restoring key systems two weeks after a cyberattack.
Focusing on growing Emerge’s capacity, Ramsdell wants to offer Fortune 500 drop-drop freight to small and midsize carriers.
Hyper rail systems could transport containers to and from ports quickly, according to WickedHyper’s CEO.
The TaxiBot is not an autonomous taxi for city travel. It’s a robot vehicle that pulls aircraft to the runway.
TuSimple’s leadership succession plan was known inside the autonomous trucking startup, but the unexpected timing rattled investors.
Federal regulators have amended their rules to make it easier to install driver-assist technology in trucks.
Arkansas Gov. Asa Hutchinson is a leader in computer science education; Jonathan Hoffman has expertise in national defense.
EcoCart will manage a new carbon-offset program for Walmart Canada that will aim to eliminate emissions from its last-mile delivery operation.
As You Sow graded companies based on their progress toward achieving net-zero greenhouse gas emissions.
ArcBest reported Friday that the favorable revenue trends logged in the fourth quarter have continued through the first two months of the first quarter.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
In a century-old manufacturing complex where General Motors once built gears and axles, Waymo manufactures autonomous cars and trucks.
Mark Delaney of FourKites helps break down wider implications of slowing e-commerce sales in the region.
First-quarter updates from Old Dominion and Saia show LTL carriers are off to another strong start.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Modern Shipper talked with Sourcemap CEO Leo Bonanni and investor Juan Muldoon to break down the company’s new funding raise.
Nominate industry-leading shippers for FreightWaves’ annual Shipper of Choice award before Saturday, April 2.
Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.
The French company says it has a better solution for North American visibility users. Others say it lacks the clout to get it done.
“This is not just a truckload-only tech solution,” Ken Beyer, CEO of TI Holding Co., told FreightWaves.
Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.
BMO’s detailed release of its transportation group statistics provide a good look at how the trucking industry is doing.
“There’s no other solution out there that has done this,” said Parade CEO and co-founder Anthony Sutardja. “We have really led the way in defining digital bidding and digital booking across our partner capacity networks.”
A Kansas-based trucking company, cited several times for safety violations for both its drivers and equipment, recently filed Chapter 11 bankruptcy.
Despite a 3% decrease in overall volumes, BNSF’s net income was $1.7 billion for the fourth quarter of 2021.
Less-than-truckload carrier Dayton Freight Lines announced plans to acquire Valley Companies’ cartage operations.
Contract logistics giant GXO announced Monday it has officially made a bid for Clipper Logistics.
A South Carolina company that remanufactured locomotives and provided railcar servicing and repairs filed Chapter 7.
The Russian invasion of Ukraine this week has caused uncertainty not just for the energy markets but also for global agricultural trade.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Contract logistics giant GXO sees numerous growth opportunities for years to come.
Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.
Electric truck maker Nikola projects it will build 300-500 battery-electric trucks this year and post up to $150 million in revenue.
Echo’s CIO aims to further tech innovations, including API improvements for shippers and carriers.
Multiple fleets placed deposits for 100 extended-range Hypertruck ERX units as Hyliion Holdings declared it has enough money for a late 2023 launch.
The procurement module will help companies find more sustainable suppliers, said Ethan Soloviev, chief innovation officer at HowGood.
Supply chain visibility leader project44 made a trio of announcements Wednesday, including an expansion and a new offering.
Many automation solutions companies are penetrating the industry to remove supply chain friction, improve efficiency and job satisfaction.
Small and midsize factoring companies are able to achieve a competitive advantage, which many previously thought was impossible without millions of dollars of investment.
Technology companies such as Sibros, a hardware-agnostic connected vehicle platform company, are the reason vehicle owners aren’t making weekly trips to the dealership and why maintenance on modern software-defined vehicles is becoming increasingly easier.
“As the largest cannabis distributor in the largest markets in the U.S., we continue to source, implement and deploy leading technology solutions into our infrastructure to refine our processes and remain competitive and agile,” said Michael Beaudry, founder and CEO of HERBL.
Several trade and transport groups claim ocean carriers should lose special antitrust privileges and face stricter regulatory enforcement of shipping laws.
TuSimple claims a “clean bill of health” as a U.S. probe of foreign investment ends with an agreement to guard U.S.-developed technology.
“We are excited to help usher in a new era of intelligent, modern logistics with a focus on sustainability for our customers, our employees, our shareholders and our planet,” said Lily Shen, CEO and president.
Cummins Inc. will buy Meritor for $3.7 billion in a deal that combines traditional and new power components for commercial trucks.
“I read that if we could save drivers 18 minutes a day, we would not have a driver shortage problem. We think it’s possible to give them those 18 minutes just from time wasted at the warehouse alone,” says C3 Solutions’ CRO.
Expeditors announced its earnings while it is in the midst of a cyberattack.
FreightWaves is featured in the Rise of the Rest’s first annual report.
Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
Temperature- and time-sensitive 3PLs join forces in the brokerage industry’s latest deal. Direct Connect Logistix announced Monday it has acquired Performance Logistics.
One hour. That’s how long it could take a rocket to carry troops and material from a base in the Midwest to the Middle East if technology the military is exploring proves out.
“We are coming out of the gate with the LoadBoard Network software but the best part is the infrastructure is all new. There will be unbelievable opportunities for customers as we add features,” says the founder and president of LoadBoard Network.
GXO Logistics announced it has worked out the details of a $1.3 billion acquisition of Clipper Logistics.
Nexxiot co-founder Daniel MacGregor chats with FreightWaves’ Tyler Cole about how data and Internet of Things can impact sustainability.
“The more we talk about data you need to be specific about what data you want to get and what purpose you want to get the data for,” said Rik Arends, program director at Smart Freight Centre.
FreightWaves’ Tony Mulvey and Torqata’s Rak-Joon Choi discuss how visibility and blockchain technology are impacting the automotive industry.
Washington insider Loren Smith assesses the Biden administration’s prospects for moving money from D.C. to the nation’s supply chain bottlenecks.
Canada’s largest airline produced its best cargo results ever as the passenger business begins to show signs of sustained recovery.
Electric bus, battery and infrastructure developer Proterra Inc. deals with its own supply chain issues as well as those of end customers.
Aurora Innovation is trying to prove it has thought through issues surrounding autonomous trucking as it targets late 2023 to launch its Horizon system.
The “everything shortage” forced truck manufacturers to cancel, retime and slow order intake even as demand for more trucks surges.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
Railcar leasing could be on the upswing for a number of car types, executives for railcar lessor Trinity Industries said during the company’s fourth-quarter 2021 earnings call on Thursday.
Atlas Air has a huge freighter fleet to help take advantage of shipper interest in air transport and is adding more planes this year.
Refrigerated carrier Hirschbach announced the acquisition of John Christner Trucking. The combination will form one of the nation’s largest temperature-controlled fleets.
Robotic delivery provider Kiwibot has announced a new funding round and a major contract with food services provider Sodexo.
Food delivery platform DoorDash reported mixed earnings for Q4 2021 and FY2021 after the bell on Wednesday.
According to the Austin, Texas-based company, the average purchase order has a 52% chance of changing before it is delivered by the vendor.
A one-on-one talk with the top supply chain policy expert at the U.S. Chamber of Commerce.
“There’s a lot more focus on tracking the product itself” when it comes to consumer packaged goods, said Bart De Muynck, vice president of supply chain research at Gartner.
Former drivers, truck and trailer rental companies and fuel businesses are collectively owed hundreds of thousands of dollars after a Massachusetts logistics company filed Chapter 7.
Bill Loupée, of Ben B. Schwartz and Sons, discusses how to navigate supply chain challenges through building relationships with brokers and logistics professionals.
Adjusted earnings per diluted share increases 20.4% to $1.18.
Amid high rates and tight capacity, fleets must make do with what they have and minimize errors that can lead to significant cargo losses.
E-commerce platform Shopify said a lack of government stimulus will hold down revenue growth in 2021.
The fourth-quarter average sales price for used tractors and trucks at Ryder was up more than 100%.
Waymo Via and C.H. Robinson are the latest dance partners seeking to choreograph autonomous trucking.
On-demand truck driver platform Haul announced a $10 million funding round as it looks to expand its coverage area for fleets in need of temporary drivers.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
With its new TX-18 automated manual transmissions, Paccar looks to make off-highway and severe service easier on the driver.
Strong revenue and EPS numbers spark an after-hours share rally.
Digital broker Transfix posted record results for 2021. The company’s public listing is on track for the second quarter.
Automation can help “you get a ton more value out of your existing systems and any new investments you want to make in technology,” said Eric Rempel, chief innovation officer at Redwood Logistics.
FIRESIDE CHAT TOPIC: Opportunities for automation abound over the middle and last miles SPEAKER: Sam Saad, VP of strategic initiatives for Gatik BIO: Saad currently heads up strategic initiatives for […]
Management from Radiant Logistics said it has several levers at its disposal to boost the company’s valuation.
U.S. Xpress, which has deep autonomous trucking ties to TuSimple, adds Aurora as a second partner focused on exploring best driverless routes.
Genco Shipping’s John Wobensmith and Ocean Audit’s Steve Ferreira discuss dry bulk shipping industry strategy and opportunities.
Parade garners impressive support from both Silicon Valley and Freight Alley.
On-demand air charter companies are providing emergency parts deliveries for automakers trying to cope with demonstrations blocking a key U.S.-Canada border bridge.
Universal Logistics inks a record year despite challenges. Implied 2022 earnings guidance surprises to the upside by 20%.
They can take my gravy when they pry it from my cold, greasy skillet.
Korean Air’s cargo division is propping up the entire airline with passenger traffic still underwater.
Kendra Tucker joined Truckstop.com as the chief revenue officer in 2020 and became chief operating officer last September.
A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.
Although attorney involvement is alleged in the indictments, only one lawyer has been indicted in the scheme to crash cars into trucks and collect insurance payouts.
TuSimple says its autonomous trucking software is “feature complete” and it will expand driverless trucking beyond a pilot program.
With Transplace now in the fold, Uber Freight’s revenue topped $1 billion for the last three months of 2021.
Covenant Logistics Group adopts a $30 million stock buyback plan and acquires AAT Carriers.
Forward Air head Tom Schmitt was bullish about the company’s prospects on a call with analysts Thursday. Forward is already on track to achieve recently issued 2023 targets ahead of schedule.
