Plus.ai, the Silicon Valley-based self-driving truck technology startup, announced an agreement with the Transportation Research Center (TRC) to test Plus.ai’s self-driving system using real-world scenarios with multiple vehicles.
Logistics REIT Prologis reports stronger than anticipated second quarter and raises outlook for the remainder of the year.
Camera-focused company branches out further, with sensor-driven systems that can notify truckers of dangers on the road
SmartHop, a Florida tech startup that aims to support small trucking businesses, on Tuesday announced that it has closed a $4.5 million seed round.
Mercado Labs, a Dallas-based technology startup, has closed a $2.5 million funding round to help importers manage global supply chains.
Silver is starting by helping Schneider broker out its fleet of 38,000 orange boxes.
YRC loan called into question by Congressional Oversight Commission. YRC’s board may have had the same concerns with the company’s equity in 2019.
Walmart Canada plans to build two new distribution centers and upgrade its supply chain technology as it spends C$3.5 billion to grow operations.
Number and average size of invoices purchased both declined from 1Q 2020 and 2Q 2019
The increase in freighter flights at Amsterdam’s Schiphol Airport during the first half of the year was not enough to offset the dramatic drop in cargo transported by passenger planes.
Ridgeville, South Carolina, facility will create more than 1,000 jobs.
The Trucking Freight Futures markets continued their march higher last week, reflecting the overall boom in the freight economy, as the spot July National contract rose $0.023, or 1.5%, to $1.580 per mile.
Transship partners with Loadsure to deliver pay-as-you-go, wraparound insurance coverage for all perishable goods.
Patrick Bethelot, held on $275,000 bond, says he was planning ‘suicide by cop’ on Cincinnati-area interstate. Cops bring the rig to a stop with a .50-caliber bullet into the engine block of the truck.
Asset sales in Comcar’s pre-packaged bankruptcy have hit a roadblock. Obstacles include questions on trailer titles and the sale of the business units to the former chairman, who still has an unsettled dispute with the company.
Driver/dock worker was fired after leaving work early due to her period; two other XPO Black workers lose a second time
Owners of low-priced warrants for new shares and pre-merger discount buyers registered to cash out of electric truck startup Nikola leading to an after hours selloff on Friday, July 17.
Operational lower level essential to movement of goods and economic recovery.
The railroad plans to keep operational changes such as reduced train starts and longer trains even as volumes rebound.
On-demand warehousing company Flexe has announced an integration with Google Merchant to promote fast and free shipping as retailers struggle to reach the delivery bar set by Amazon.
The truckload carriers have reported solid results to start second quarter earnings season, but some load data is still lagging.
“Employer groups should not play American ports against one another,” says longshore union leader.
Tightened capacity seen as a spur to both Heartland and Marten beating estimates, with optimism from analysts going forward The earnings reports of truckload carriers Heartland Express and Marten Transport […]
OptimoRoute is a route planning and schedule optimization platform that helps companies organize their mobile workforce and optimize delivery routes.
Plus.ai, a self-driving trucking company based in the U.S. and China, is in talks to raise $60 million, the Information reported.
Brian Aoaeh writes about new technologies that will transform supply chains and logistics in the near-term.
Better-than-expected performance across the board buoys Daimler prospects. Job cuts are a big part of the picture in a preview of second-quarter earnings.
Warehouse operators seize on flexible robotic solutions to address a variety of marketplace challenges.
Glum Volvo Group financial report follows layoffs of 4,100 white-collar workers in second quarter. Uncertainty means the pain may continue for some time.
The railroad experienced a 23% dip in revenue as carload volumes fell 21%.
J.B. Hunt easily bests consensus forecasts led by better-than-expected intermodal and dedicated results. The back half of 2020 remains hazy on COVID-19 fears.
Authorities say driver caught while attempting to cross Lewiston Bridge into Canada.
Overall operating ratio improves on back of dedicated and truckload segment gains
J.B. Hunt Transport Services posts a solid second quarter, besting analysts’ forecast by 31 cents per share.
After delisting from the NYSE, Roadrunner Transportation Systems announces it will add three new less-than-truckload facilities this summer. The expansion is part of its re-organization focused on asset-light offerings.
“Carriers without existing loads entering these markets should be able to find loads with relative ease on the spot market this week.”
The U.S. Federal Maritime Commission enters “phase two” of its fact-finding investigation into COVID-19 impacts on container shipping in the Port of New York and New Jersey.
Heartland’s expenses were up more than revenue so operating ratio rose. Cash stockpile rose and it has plenty of borrowing capability.
Transaction volumes in China surged by an incredible 430% when factories reopened at the end of February.
A digest evaluates the keynote addresses from the virtual event.
EKA Solutions and Transflo have expanded their strategic collaboration to develop “end-to-end digital and automated transportation document workflow solutions.”
Navistar’s driverless truck coming in 2024 will stick to the highway on long, stop-free runs as fleet customers learn to launch and receive the robotic semis.
Barnets Inc. owner Gary Gregg said he was aware of Corey R. Withrow’s prior drug convictions before hiring him. Withrow is facing nine felony charges.
American Airlines, United Airlines and Delta Airlines are planning for mass layoffs unless workers take unpaid leave or separation packages as COVID continues to batter the industry.
Uber is reported to be raising $500 million in funding for its brokerage segment. The deal would place a valuation of $4 billion on Uber Freight.
Grocery delivery startup Dumpling claims to offer a more equitable shopping model by turning grocery shoppers from gig economy workers into small business owners.
Amazon’s Pflugerville fulfillment center will be located off State Highway 130, a rapidly expanding business corridor in central Texas.
Embezzlement scheme at Parke Cox totaled roughly half a million dollars.
FreightWaves is hosting the 3PL Summit on July 21, a virtual event that will include technology demonstrations, hot debates and visionary speakers from across the 3PL spectrum.
CEO Jim Newsome optimistic about economic recovery in 2021.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Both conferences are open to all transportation professionals, whether or not they are current customers of McLeod Software.
Throughout the pandemic, Echo Global Logistics has remained busy moving goods and giving back to those in need as it contemplates a new normal.
Autonomous trucking startup TuSimple is joining forces with Navistar International Corp. to develop self-driving semi trucks.
Partnering with TuSimple, Navistar shaves up to five years off industry timeline for driverless trucks, targeting 2024 to sell autonomous semis.
Navistar is partnering with self-driving technology startup TuSimple to shave up to five years off the timeline for autonomous semis. It is targeting 2024 to sell International-branded driverless trucks. Navistar […]
Strategy to move into new areas off its platform gets biggest investment ever in the company known primarily for its weigh station bypass service.
Analysis concludes West Coast ports have lost 19.4% of market share since 2006.
Uber Freight is partnering with AI supply chain services vendor Blue Yonder on a carrier marketplace solution.
In today’s edition of The Daily Dash, 15 states push adoption of zero-emissions trucks, C.H. Robinson and Microsoft work to digitize the supply chain, and what did Nikola Tesla really know?
Delta Air Lines will retire more than 100 planes by year’s end, reducing the carrier’s available cargo capacity to some destinations after coronavirus passes.
HubTran will now process and audit incoming documents from carriers and automatically assign them to the correct load in Brokerware.
German company picks DHL Supply Chain in North America for its flexible and efficient logistics platform to handle sophisticated medical equipment.
Last-mile delivery demand is growing fast in Latin America, but the venture capital market is still in early stages.
C.H. Robinson and Microsoft have teamed up to bring Robinson’s Navisphere supply chain solution to users of Microsoft’s Azure platform.
After prosecutors drop charges against trucker Prabjot Nagra, U.S. authorities continue to investigate how a truck wound up with $20 million worth of marijuana in its trailer at the U.S.-Canada border.
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
Airlines are leaning heavily on governments for support until they can get back on their feet once the COVID crisis subsides. Next up: KLM.
Son is chairman of both companies, interim CEO at the TL carrier
project44 report shows the glaring discrepancies in consumer expectations and last-mile delivery capabilities.
Amazon’s investment in electric truck maker Rivian accelerates e-commerce giant’s path to zero-emissions logistics dominance, while altering the balance of power in the electric vehicle marketplace.
It was another strong week for the Trucking Freight Futures markets as the spot National contract rose $0.023, or 1.5% week-over-week, to $1.557 per mile, setting another record for the spot National contract.
Slumping oil prices and COVID-19 pandemic forced Houston-based Hi-Crush to file for Chapter 11 bankruptcy protection on Sunday.
The next generation of cellphones is known as 5G. 5G promises much faster speed and other benefits. Darren Prokop explores the future of transportation and logistics in a 5G world.
Even before Hawaii imposed COVID-19 travel restrictions earlier this year, Young Brothers lost money and last year sought a rate increase valued at $13 million from state regulators.
Forward Air is expanding again. The company plans to offer traditional less-than-truckload service for the first time.
Matthew Waller will receive the Distinguished Service Award during EDGE 2020 Live!
Judge rules insurer needn’t defend trucking company owner in trafficking lawsuit
United Airlines said layoffs of more than 4,700 employees at airports in Houston and Dallas could be long term if economic conditions do not change.
“We believe our boys are future SpaceX employees.”
In today’s edition of The Daily Dash, other states may follow California’s lead in mandating electric-truck sales, danger is a good reason to ignore HOS rules, and funds flow into electrification
“The days of Tesla’s virtually unchallenged dominance may be numbered.”
Unlike Moody’s, agency increases a key rating by one notch, but two agencies are now about even
Simone Ross writes about the pandemic’s effect on supply chains, and how companies should be improving/changing to minimize damage and get stronger.
Ugarte is already under federal indictment in another case involving a $280 million pay-to-play bribery scheme to receive lucrative FedEx Ground contracts.
Within moments, international freight brokers will be able to protect perishable goods.
Annual insurance rates could surge 150% or more
One rating is increased as long review by ratings agency is wrapped up
Since last year, Banyan Technology has offered LTL carriers a tool to provide special pricing incentives to shippers. Now it is adding data insights to make that tool more effective.
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
TFS being sold for more than $100 million, other considerations
New partnership marries Navistar vehicle diagnostics platform with Samsara’s fleet management solutions.
LTL carrier spells out its debt relief with the $700 million of Treasury funds it is getting
Deal covers 300+ drivers over classification questions
Russian airline Volga-Dnepr, whose planes are commonly associated with transporting heavy equipment, spent the past three months ferrying tons of medical supplies from China to France to combat COVID-19.
Federal loan during the COVID-19 pandemic couldn’t keep Alabama-based Foster Freights LLC afloat, as it filed for Chapter 7 bankruptcy protection.
TuSimple, Kodiak Robotics among the recipients of PPP loans. (Photo credit: Kodiak Robotics)
Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.
Amazon acknowledged in 2017 that it had reported apparent violations to U.S. Treasury.
