The quarterly report of the brokerage industry’s leading trade group shows that 3PLs did only slightly better in the rip-roaring freight market of the fourth quarter.
Transfix’s Scott Sokoloff discusses how data is keeping supply chains resilient in the wake of recent shake-ups.
TuSimple’s stock price has tanked in recent weeks, and a published report says the autonomous truck developer may sell its China business unit.
“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.
J.B. Hunt announced plans to expand its intermodal container count to 150,000 units in efforts “to substantially improve capacity” as part of a joint initiative with BNSF Railway.
Many industries are differentiating between all-in providers and specialists.
Wiliot’s Steve Statler breaks down the company’s V2 pixel and Universal Automation Platform for Modern Shipper.
MVMNT’s complete freight management platform gives you control over your freight without the disproportionate cost of a traditional TMS.
The $12 million from Level Equity draws the previous biggest investment in WorkHound, which was just over $2 million.
TriumphPay takes the hassle out of carrier payments, allowing brokers to focus on what they do best.
Truck and trailer rental companies and the IRS are collectively owed millions after a Minnesota logistics company filed Chapter 7.
“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.
FreightWaves has announced two more keynote speakers for the upcoming The Future of Supply Chain event: Billy Beane, executive vice president of baseball operations for the Oakland A’s, and Michael […]
Congress is paying more attention than ever to freight supply chains. Here are 10 pending bills that attempt to address disruption and lower costs for carriers and their customers.
Nikola is asking shareholders to dilute their investment by authorizing 200 million new shares of the electric truck maker that could raise $1.5 billion.
Fancy a Moscow mule or White Russian? Get ready to change brands.
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.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
A former U.S. Army officer turned CEO explains the dangers of cyberwarfare, and why his company is working to protect trains, planes and tanks from getting hacked.
“Africa remains an important strategic growth market. Particularly for our service offering from and to South Africa, DAL is a valuable addition, allowing us to offer our customers a better network and additional port coverage in this region,” said Hapag-Lloyd CEO Rolf Habben Jansen.
Truckstop’s acquisition of RMIS “puts us in this position to be an even better matchmaker between the carrier and the broker,” Tucker said.
Cold storage operator Lineage Logistics announced the acquisition of MTC Logistics and its four facilities Thursday.
A Wednesday update from less-than-truckload carrier Yellow Corp. showed volume trends worsened in February on what was supposed to be an easy year-over-year comp.
Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.
Hapag-Lloyd is keeping its guard up after discovering a copy of its website that could have been used to steal the logins of the shipping line’s customers and employees.
The cost curve is pointing downward in the production of green hydrogen, according to the head of a company that builds fuel cells.
Startup Kodiak Robotics is the first to run regular autonomous loads to Oklahoma in a partnership with Ceva Logistics.
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
AFS Logistics announced Tuesday the acquisition of DTA Services.
FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system
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.
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.
