Business

Virtual carrier CloudTrucks raises $20.5 million Series A and launches instant pay and cash card.

The COVID pandemic drove many Americans into their homes and off the roadways, but trucking fleets have remained on the roads, and their speeds have increased.

DASH wants to land the package, not the plane.

As trucking fleets reassess their safety programs for 2021 and the post-pandemic world, here are five steps they can take to reduce their risk exposure.

A report released by environmental nonprofit Oceana states Amazon produced enough plastic waste last year to encircle the globe 500 times.

FreightWaves’ JT Engstrom and SourceDay’s Tom Kieley discussed “Managing Buyer and Supplier Relationships” during FreightWaves’ North American Supply Chain Summit on Tuesday.

Samsara announced the Workflow Builder and App Designer features for the Driver App are available for all Samsara customers starting Tuesday.

Third-party logistics provider FitzMark announces its third brokerage acquisition of the year and fourth in the past two years.

Walmart pilot to remove safety drivers from behind the wheel of trucks manufactured by Gatik, the autonomous box truck company.

President-elect Joe Biden has nominated former South Bend, Indiana mayor Pete Buttigieg, who dropped out of 2020 presidential campaign earlier this year and endorsed Biden, as secretary of transportation. “I am nominating him for Secretary of Transportation because this position stands at the nexus of so many of the interlocking challenges and opportunities ahead of […]

The Port of Los Angeles is still working to get toys to retailers’ shelves in time for Christmas.

USA Truck will deploy Trucker Tools’ Smart Capacity solution, while Penske adds tracking solution as Trucker Tools continues to add large transportation partners to its platform.

AB InBev is on track to reach its 2025 100% renewable energy goal in 2021. This Ffireside chat from the North American Supply Chain Summit covers the company’s sustainability efforts across the entire supply chain.

The chief customer officer looks to be the bridge between logistics departments and C-suites.

The latest ACTION TRAC® innovation supplies customers insight into the nebulous period of the
LTL shipment life cycle, the time the pickup is requested through the time the shipment is picked up.

Laggards “didn’t wake up and smell the pandemic until February-March,” according to Bolstorff.

Bodor: Efficiency in existing supply chain actually proved to be a hurdle when changes needed to be made

Tive Inc., a supply chain visibility platform, announced on Tuesday that it secured a $12 million Series A funding round.  Leading the round was  RRE Ventures, followed by Two Sigma Ventures, with participation from existing investors NextView Ventures, Hyperplane Ventures, One Way Ventures, Fathom Ventures and others.  Riding a wave of interest in real-time supply […]

QuantumScape, a producer of solid-state lithium batteries, has announced a major breakthrough that enables batteries to get an 80% charge in as little as 15 minutes.

FreightTech innovators showcased their platforms in 7 minutes or less.

Moderna’s coronavirus vaccine could begin rolling out next week in much the same pattern as the Pfizer vaccine this week, but there are some operational differences.

Superior market intel can be a game changer.

FreightWaves CEO Craig Fuller talks supply chain tech with Kendra Phillips, CTO, VP of New Products, Ryder System, at the North American Supply Chain Summit

Speaking during the North American Supply Chain Summit, Dollar General’s Meghan Nicholas says organizations need to map out a digitization plan — and be prepared to pivot.

More than 45 trucking companies are collectively owed hundreds of thousands of dollars after a Texas-based logistics files Chapter 7 bankruptcy.

Plus will sell trucks powered by its automated driving system on Full Truck Alliance, the Google-backed Chinese digital freight-matching platform.

J.B. Hunt announces temperature-controlled transportation options have been added to digital freight-matching platform J.B. Hunt 360. Shipper 360 now has more than 10,000 carriers that can transport temperature-sensitive goods.

Preliminary results of a new survey have found that logistics companies are losing hundreds of thousands, and even millions of dollars, due to the use of low-quality technology integration tools.

The distribution of COVID-19 vaccines is finally a reality, but it’s a carefully orchestrated process among the federal government, the manufacturer, a major health care distributor and FedEx and UPS.

Onfleet hires Scott Cross as CFO, and Stephanie Riffell joins Perishable Shipping Solutions as COO.

Forward Air is growing its traditional less-than-truckload terminal count. This time it is adding California’s Inland Empire to the roster.

Frozen Food Express is raising linehaul driver pay by 25% for new solo drivers and 20% for team drivers.

Former Louisiana trucker Alfred Bourgeois was put to death Friday, after the U.S. Supreme Court rejected a last-minute bid by his attorneys for clemency.

The closure of the U.S. land borders with Canada and Mexico for nonessential travel will extend through Jan. 21, though commercial trucks remain exempt.

Southwest Airlines furloughing additional 827 workers; Texas auto parts supplier closes facility.

Former Louisiana trucker Alfred Bourgeois is set to be executed Friday, barring a last-minute court stay for the brutal murder of his 2-year-old daughter.

Narrowing millions of data points to three main categories, it’s now much easier to find PPP recipients from the smallest to the biggest

Trucker Tools has integrated cargo insurance coverage from Loadsure into its app, allowing for easy one-click access to instant quotes.

Cardinal Logistics Management, a large North Carolina trucking company, acknowledges “data event” after ransomware gang leaks thousands of files.

“It’s pretty attractive compared to factoring as an alternative,” said Wolfe. “There’s no chargebacks.

Supply chain tech investment is at a record peak, with over $52B invested in 2020 alone, up 2500% since the start of the decade.

The German automaker wants to put all its time and energy into R&D and building infrastructure that supports the production of EVs, such as plant improvements and equipment upgrades.

Former Trimac workers claim the bulk carrier failed to provide respirators and implement safety measures at its tank washing facilities in Georgia.

Whiz-bang systems and equipment will be glimpsed from afar this time around.

Truckload carrier Titan Transfer adds another fleet to the portfolio with the acquisition of JTL Carriers.

Leading supply chain experts will share their insights on what happened to the supply chain in 2020 and look ahead to 2021 as part of FreightWaves’ North American Supply Chain Summit on Tuesday.

What do you do when you find yourself with $7 million?  Maven Machines succeeded in raising that much money this year to invest in its cloud-based freight software, which includes an ELD product and machine learning-driven route optimization. It also hired a lot of people. Its founder and CEO Avi Geller joins host John Kingston […]

Treasury Secretary Steven Mnuchin had his day in court so to speak. He said he stands behind the YRC loan and others made, noting that many lawmakers wished Treasury had taken on more risk.

“Additional stress on an already-overloaded system tends to further destabilize the system.”

Business-to-business exemption may play key role if trucking falls under employee classification law

The market for reliable, complete data and forecasts about agricultural commodities markets is a large and growing opportunity.

Landstar System announced after the market close on Wednesday what it would do with cash on the balance sheet. The company plans to pay a one-time special dividend of $2 per share in January.

Average rate for team drivers up by 9 cents per mile, company says

Hub Group’s acquisition ambitions land in the final-mile sector in a $94.5 million deal for non-asset provider NonstopDelivery.

Logistics real estate operator Prologis highlights ways automated warehouse solutions can help offset part of the growing need for logistics space.

“We’ve had to add on logistics support staff for appointments, to take pictures of the long lines.”

Former Celadon truck drivers and employees are still bitter one year after the trucking conglomerate filed Chapter 11 and abruptly shuttered operations on Dec. 9, 2019.

Speed, safety and reliability are taken into account when choosing truck routes.

SmartHop, an early-stage startup offering a dispatch solution for small carriers, on Tuesday announced its partnership with Redwood Logistics, a third-party logistics company. The companies will integrate Redwood’s API with SmartHop’s solution to streamline and increase opportunities for drivers and shippers. “Nearly 90% of the trucking industry is powered by small carriers, yet the support […]

GreyOrange’s Ranger autonomous robots work with employees in an e-fulfillment center in the Netherlands.

Meanwhile, a suit against Amazon suggests federal or state agencies, not the courts, may be where disputes are settled.

Shares hit record close as UBS markedly boosts EPS for fiscal 2021 second quarter and raises 12-month price target to $380 from $320.

Trade group representing drayage drivers calls the move “huge”

Uber (NYSE: UBER) is handing over its troubled self-driving vehicle unit to Amazon-backed Aurora as the tech giant continues to unload unprofitable business divisions and the industry moves away from robotaxis to autonomous trucking and food delivery. As part of the equity deal, Uber will invest $400 million in Aurora and get a 26% stake […]

New Transflo President Michael Southworth believes the transportation industry is ripe for further technological innovation, especially around automation and collaborative platforms

ArcBest sees asset-based revenue continue positive streak in November. This is the fourth LTL carrier to report improving trends in the quarter.

General Motors is not playing games when it comes to EV expansions. GM’s next move? Offering buyouts for Cadillac dealers who don’t want to invest in the necessary EV upgrades.

Airbus is partnering with ElringKlinger to create a zero-emission, hydrogen-powered commercial aircraft by 2035. Airbus released three ZEROe aircraft concepts.

E-documentation initiative establishes data and process standards for bill of lading preparation and issuance.

YRC Worldwide reports 3% year-over-year increase in November revenue, following a modest decline in October. The company’s overall trends are still lagging those of some competitors.

A recently formed venture between Stockbridge Capital and a Korean pension fund will acquire 23 logistics properties valued at $2 billion.

The GEODIS Women’s Network “is also intended to improve the reputation of the logistics and transport industry, a field traditionally dominated by men.”

Arizona officials rooting for Nikola Corp. to make good on its plans for a $600 million electric truck assembly plant and hundreds of new jobs say construction is progressing.

Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.

Retrofitting a passenger plane to operate as a heavy cargo plane is a big engineering job that requires many new parts and disposal of old ones. Logistics giant Kuehne + Nagel says it can reduce inventory and transportation costs to make conversions more economical.

Buying online and picking up in store puts massive pressure on redistribution centers.

Port communities in LA, Charleston and Philadelphia already at risk, officials assert.

Helping small businesses compete with the Amazon (NASDAQ: AMZN) e-commerce juggernaut has become more than a cottage industry, as dozens of technology companies create platforms aimed at helping retailers and direct-to-consumer sellers put in place reliable, easy-to-use inventory, transportation and delivery management systems. One member of that club is Stord, an Atlanta-based startup that closed […]

On Dec. 1, KCS announced that the blockades had officially come to an end. The Mexican economy has taken a hit due to the pandemic and the protests only added to the hurt.

Warehousing jobs continue to soar

Former driver recruiter Michelle Serth-Stein is accused of embezzling nearly $121,000 from two Missouri trucking companies.

How long will Brad Jacobs stay on after split and spinoff of logistics business?

Daseke receives a “positive” nod from ratings agency as its restructuring initiatives are being noticed.

newtrul, a freight aggregation platform, has announced an integration with McLeod Software’s PowerBroker platform.

FourKites said it has seen dramatic expansion of companies using its visibility products as shippers deal with uncertainty in the supply chain because of the COVID-19 pandemic.

The public-private partnership distributing the COVID vaccines is in the starting blocks. Planning is almost done. Now it’s time to execute the race once the FDA says the drugs are safe for public use.

More than 20,000 objects in Earth’s orbit are considered space debris, creating challenges for logistics and supply chains

First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.

Mars missions are advancing, but the logistics of a Martian supply chain are anything but simple.

Private space companies are boosting into space exploration. Will it lead to a new method of shipping in space?

ShipMonk, an online fulfillment and technology solutions company, has completed a $290 million growth equity round as the global e-commerce surge shows no signs of abating.  Growth investor Boston-based Summit Partners led the round, which represents a minority stake in the Fort Lauderdale, Florida-based startup. As part of the deal, Summit Partners Managing Director Christopher […]

Asteroid mining holds promise of a $700 quintillion market for freight transportation.

Old Dominion Freight Line reports further improvement in less-than-truckload trends since the positive August inflection. This is the second carrier in as many days to show that metrics have accelerated through the fourth quarter.

Compared to other prospecting methods, cold calling produces the best results for a minimal commitment of time and resources.

NASA has ambitious plans to return to the moon in a permanent way later this decade and then head to Mars in the 2030s, and it is looking for logistics partners to help make that happen.

The pandemic is leaving its mark on the real Christmas tree market with an apparent uptick in sales, a compressed selling season and direct-to-consumer deliveries that are replacing some retail or Christmas tree lot purchases. Shipping costs also are on the rise, as freight capacity remains tight and rates soar. Nationwide, Christmas tree sales this […]

The COVID pandemic forced transportation to quickly adopt digital solutions, and Comdata was ready.

Cold storage warehouse operator RLS Logistics advances growth initiative with the announcement of plans for a new facility serving New England.

Canadian supply chain software firm Descartes Systems Group continued to aggressively grow profits in the third quarter as it set a record for revenue.

Companies with 1 or 2 workers got money from the program; TL payout per job was about $9,200