Startup using yeast to make drug components raises $73M
Amid calls to produce more drugs in the U.S., a startup has raised $73 million to produce drug components from engineered yeast.
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Amid calls to produce more drugs in the U.S., a startup has raised $73 million to produce drug components from engineered yeast.
On this episode of Transmission, Grace Sharkey and Sebastian Blanco look at how the auto supply chain is holding up halfway through 2021.
The acquisition modestly bumps Geodis’ brokerage revenue.
On this episode of At Your Doorstep, Kaylee Nix and Magic CEO Aaron Kemmer look at how a changing labor market influences hiring practices when scaling e-commerce operations.
The index’s headline number is the second-highest on record, and there appears to be no end to the tightening cycle that has made life tough for logisticians.
Digital retailers are partnering with SaaS companies that are employing an emergent new service model: secure access service edge
Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.
Knight-Swift Transportation acquires less-than-truckload carrier AAA Cooper in a deal valued at $1.35 billion.
Nowports aims to digitize supply chains from Asia to the Americas with $16 million in Series A funding.
On Sunday, China banned new downloads of Didi’s ride-hailing app, and on Tuesday, the stock dropped more than 23% in response.
An expected increase in output has been put on hold over failure to reach consensus on a dispute involving the UAE.
Lowe’s “worked more closely than ever to support [its] carrier partners and suppliers” this year while navigating increased consumer demands during the pandemic, Kelvin Dedner, vice president of supply chain transportation at Lowe’s, said.
Daimler Truck, TRATON and Volvo Group will spend $593 million to build a truck charging network across Europe.
Tropical Storm Elsa will produce areas of wind and flood damage in the Southeast beginning Tuesday (forecast video included).
Professional drivers help teach their robotic successors while evangelizing for the technology among truckers who feel threatened.
Regulators in China target two Full Truck Alliance apps in a cybersecurity investigation less than two weeks after the freight platform’s U.S. IPO.
OneRail announced its last-mile fulfillment platform is now integrated with and available from SAP’s Commerce Cloud network.
Bringg helped U.K. retailer Co-op scale its e-commerce business from 30 stores to over 800 in a year’s time — and do so in a more environmentally friendly way.
“I think about the fact that if we fulfill this mission, the world is better off and not many opportunities have that.”
Tropical Storm Elsa is nearing landfall in Cuba, with U.S. mainland impacts beginning Monday night (forecast video included).
NS is working to repair a defect that could affect over 5,000 chassis. The repairs come amid high congestion at terminals and intermodal facilities across the U.S.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico trade boomed in May but profit margins are tightening; a Korean auto supplier opens a plant in Mexico; Otay Mesa plans to open a new port by 2024; and Texas trucking company set to build terminal.
Tropical Storm Elsa has killed at least three people in the Caribbean and is eyeing the U.S. mainland (forecast video included).
Two of the nation’s largest centers for outbound freight demand saw record low levels of carrier acceptance rates this past week. This comes as the worst of the COVID capacity crunch appeared to be in the rearview mirror.
This week: TA’s Register Round Up Campaign begins, Chicago-based Loadsmart gives back to the community and ParkMyFleet’s solar car race is thwarted by a breakdown.
Hurricane Elsa is cruising through the Caribbean and still has potential to slam Florida early next week (forecast video included).
In today’s edition, we look at a potential rules revision thanks to Daimler, more trouble for Lordstown Motors and more.
Section 202 in postal reform legislation would keep parcel and mail delivery networks integrated. Some interests say it will never require the Postal Service to straighten out its accounting.
An airport in southwest Louisiana is making a speculative investment to try to attract regular air cargo business for the first time. It’s a bit of a long shot, but officials say it’s worth the risk.
California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
Troubled electric pickup truck maker Lordstown Motors reportedly is the subject of a Justice Department probe, according to multiple media reports.
On today’s episode, Dooner and The Dude are talking about freight going virtual as they look at the cloud data driving fleets on air, land, and sea.
Both defendants had pleaded guilty to their involvement in the staged accident scheme.
CSX hopes an expanded application containing a more in-depth market analysis will persuade the Surface Transportation Board to approve CSX’s request to acquire Pan Am.
A Boeing 737 cargo jet went down in the water off Hawaii Friday morning.
The pandemic is still creating big swings in data, according to the Council of Economic Advisers, which urges caution in making big interpretations.
FMCSA is proposing to revise rules for advanced driver-assist cameras.
Warehouse automation company Geek+ announced it has sold 20,000 autonomous mobile robotics solutions around the world.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the heavy-duty and commercial trucking sector.
Mullen Group acquires Harris Transport, the latest in a string of deals for one of Canada’s largest trucking and logistics companies.
The past week in images features a flying car’s successful trip, a train decorated to celebrate inclusion and flooding that buried trucks.
Tropical Storm Elsa will slam Caribbean islands this weekend, followed by southern Florida early next week (forecast video included).
In today’s edition, we look at the impact of the highway reauthorization bill, a significant acquisition by DP World and more
Experts say disruption to the supply chain caused by the coronavirus crisis has been challenging for manufacturers of all sizes, particularly smaller companies.
In the fourth week of a second strike, UAW bargainers reach a third tentative agreement with Volvo Trucks North America.
On this episode of Freightonomics, Zach Strickland and Anthony Smith recap the first half of 2021 and make predictions about the market for the next six months.
On this episode of Cyberly, Blythe Brumleve looks into how resignations in the U.S. measure up against the job markets across the globe.
Matt Blois looks at the intricacies of humanitarian health care on this episode of Medically Necessary.
Data apparently stolen from Navistar International appears on the dark web as an underground marketplace begins an auction for the heavy truck manufacturer’s internal files.
Transportation and logistics provider Werner Enterprises announced it has acquired an 80% equity stake in ECM Transport Group for $142.4 million. Werner has the option to purchase the remaining 20% of the 500-truck fleet after five years.
Dooner catches up with FreightFriend CEO and founder Noam Frankel. FreightFriend’s cloud-based truckload procurement platform helps shippers and brokers build deep carrier relationships and drive digital execution
The agency used regulatory flexibility and expedited reviews extensively to prevent drug shortages in 2020.
The number of drivers prohibited from driving due to drugs matches an estimated shortfall of drivers needed to keep up with freight demand.
Engine stall from broken battery terminal cable leads Daimler Trucks North America to recall 122,056 Freightliner and Western Star trucks.
Manufacturing grew at a moderate pace in June, continuing a 13-month hot streak.
The effort to replace a 1.4-mile interstate viaduct is part of a movement known as the “new urbanism.”
Cummins is recalling 4,413 remanufactured engines on top of an earlier fuel rail recall that threatened engine fires in trucks, buses and motor homes.
The convenience of GPS often overshadows its flaws. Double-check your route with the hard facts of a map.
The U.S. Department of Transportation is awarding $905 million to 24 infrastructure projects. Among those are a handful of projects that involve making freight rail movements more efficient.
The Louisiana International Terminal will be capable of handling 2 million twenty-foot equivalent units annually.
The railroad is seeking businesses looking to develop industrial facilities on two sites in Texas and Montana.
The company’s mission is to create the first logistics company that serves all humans equally.
Zebra Technologies will acquire Fetch Robotics for $290 million, adding warehouse automation tools to its portfolio.
U.S. House passes the five-year surface transportation reauthorization that boosts truck insurance requirements and mandates automatic braking on new trucks.
TRAC Intermodal details in a case study how it partnered with ZIM Integrated Shipping Services to develop a dedicated chassis pool at the ports of Los Angeles and Long Beach.
DP World announced it has acquired Auburn Hills, Michigan-based supply chain solutions provider syncreon at an enterprise value of $1.2 billion.
Food service providers can expect to be extremely busy as COVID-19 fears subside.
Speeding remains a critical safety issue for trucking, and a new bill introduced in the U.S. House would seek to limit the speeds commercial trucks could travel at on the nation’s roadways.
Tropical Storm Elsa is forecast to slam some Caribbean islands this weekend, followed by southern Florida next week.
In today’s edition, we look at a new software package from Drivewyze, a new partnership for Transfix, highlights from FreightWaves’ latest summit and more.
A lawyer who specializes in cyber incident responses gives the inside story of what happened after a ransomware attack hit a trucking company.
Attorneys general are urging the Postal Regulatory Commission to order the agency to abandon its multiyear focus on parcels until mail delivery problems are resolved.
FreightWaves SONAR SCI adds summary views, giving shippers a snapshot of the entire supply chain and creating an “easy button” providing risk assessment.
Federal funding and private investments lend support to the supply chain infrastructure surrounding the Port of Savannah.
What does the future of automotive transportation look like? Grace Sharkey and Sebastian Blanco explore what lies ahead on this episode of Transmission.
A Seattle-based startup aiming to give health care providers an easier way to get medical supplies recently raised $1.5 million in seed funding to expand its business.
The Black Swan drone is coming and it can carry more than a toothbrush from Walgreens. Dronamics is working to set up droneports all over Europe for fast delivery.
The U.S. Department of Transportation targeted highway expansion to improve freight flow in awarding the latest round of INFRA grants.
More problems loom for importers of Asian containerized goods and tanker slump could last even longer.
A merger that wound through years of on-and-off negotiations finally concludes Thursday with Navistar joining Volkswagen AG’s TRATON Group.
Upfront costs are reduced in the Robots-as-a-Service model.
On today’s episode, Dooner and The Dude are coming to you live from FreightWaves’ North American Logistics Tech Summit and they’re joined by Patrik Berglund, CEO and co-founder of Xeneta, and Vernon O’Donnell, chief product officer at project44.
Chris Scheid, co-founder, president and COO at MyCarrier, discusses accessibility of technology and less-than-truckload transportation management systems for small and midsized shippers with Andrew Cox, senior retail analyst at FreightWaves.
Excerpt: Mustafa Azizi, co-founder and CEO of ZUUM Transportation, talks to Ryan Schreiber of CarrierDirect about how small and medium-size freight brokerages can leverage technology to compete with the big players.
What does a chief product officer at a trucking sector company do given that the title is usually seen at software firms?
Covenant believes government incentives are vital in helping the trucking industry meet zero-emission goals.
“Working with Transfix has to be an experience that’s better for carriers and it has to allow them to both make more money but in a way that is more sustainable for them,” says Transfix CFO.
Innovation is key to addressing the labor shortage at warehouses to keep up with surging consumer demands on the supply chain, says Kristi Montgomery, VP of innovation, research and development at Kenco Logistics Services.
There will not be a single tech winner, meaning that the only chance for true end-to-end visibility is through partnerships.
The Truckload Carriers Association will hosts its annual Refrigerated Meeting on July 14-16, at the Hyatt Regency Tamaya in Albuquerque, New Mexico.
“We believe we provide a best-in-class driver experience. I think that goes a long way in retaining drivers,” says Schneider National chief information officer.
Headless commerce company Shogun has raised $67.5 million to scale its solution and speed the go-to-market process.
Worldwide Express’ Joel Clum explains how third-party logistics companies are giving small and midsized shippers the technology they need.
Kendra Phillips from Ryder System Inc. discusses on Wednesday how her company is embracing technology.
Charles Craigmile, CEO at Revenova, talks about what it means to be a TMS in today’s market. His take? It’s more than just an operational system to find carriers.
Two Oregon delivery providers have terminated their contract with Amazon, but the e-tailer has countered and said the companies wanted $36 million to continue servicing the contract.
Fresh from raising $43 million in a new investment fund, Dynamo Ventures partner Santosh Sankar says supply chain tech is attracting all comers.
The product, called E-inspection, allows a quick transfer of data from the truck to the inspecting officer for those trucks that need to go to the weigh station.
One of Canada’s largest trucking and logistics firms, Mullen Group, is entering the U.S. market with a $40 million acquisition of Chicago-area freight brokerage QuadExpress from commercial printing company Quad.
Truckers will have to keep beating triple-digit heat this week in the Northwest and Big Sky Country (forecast video included).