Venture 53 invests in Heale Labs’ tokenization technology
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
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FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
The Port of Baltimore’s indefinite closure could cost the state of Maryland as much as $1 billion in total value of goods and services, analysts say.
A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate.
A holistic visibility tool goes beyond simply providing data, instead creating a pathway for companies to identify and mitigate risks proactively.
Despite their lack of performance documentation, B-1 drivers bring a unique value proposition to the table.
UPS told investors it is leaning into automation and robotics to increase parcel capacity, which in turn will allow the company to operate fewer physical facilities.
Technological advancements, regulatory developments, environmental considerations and more require trucking businesses to continually adapt to an ever-evolving operational landscape.
WattEV uses a combination of state incentive funding, volume purchasing plans, and productivity improvement measures to make electric freight transport as affordable as possible.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Jett McCandless; Mark Schedler; Molly Mangan; Theresa DeSantis
Maersk teamed up with FreightWaves to better understand how shippers are navigating the current air cargo environment. The duo surveyed representatives of a wide range of companies about their experience over the past year, as well as their expectations about the future.
“The whole bridge just fell down!” an officer said on an emergency call as authorities raced to close the Francis Scott Key Bridge just before it was struck by a container ship.
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months.
Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass.
The FedEx pilots union has a new chairman who is more aligned with the majority of the Master Executive Council, which wants to press FedEx harder on a new contract.
Yellow’s breach-of-contract suit against the Teamsters union has been dismissed by a federal court in Kansas.
The collapse of Baltimore’s Francis Scott Key Bridge could significantly disrupt supply chains as shippers and carriers scramble to relocate shipping services to other East Coast ports.
President Joe Biden said he’s not waiting on foreign ship companies before getting the Port of Baltimore up and running.
Moody’s held its investment-grade debt rating of RXO, but its outlook was shifted to negative.
Around 1:30 a.m. Tuesday, the Dali, a Singapore-flagged ship, smashed into the bridge.
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date.
Early Tuesday, a container ship collision with the Francis Scott Key Bridge in Baltimore caused a major collapse, leading to a halt in port operations and creating severe traffic disruptions.
Chinese trade flow into Mexico is helping to build up the latter’s manufacturing capabilities, which is a long-term positive for the U.S.
The benchmark diesel price used for most fuel surcharges rose by the smallest amount in months.
My Freighter, a fledgling carrier based in Uzbekistan, began leasing a third widebody freighter from Ohio-based Air Transport Services Group.
Agents in Cincinnati found fake NFL, NCAA and MLB championship rings that had been sent from Hong Kong to Kansas.
The Port of Virginia recently completed a project to widen its ship channel for ultralarge container vessel traffic.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by William Hall; Grace Sharkey; Bryn Heimbeck
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
Millions of people are expected to travel for the April 8 total solar eclipse, causing major traffic jams that could impact truck drivers’ routes.
A California-based trucking company, which shuttered operations in November after its operating authority was involuntarily revoked, recently filed for bankruptcy liquidation.
Norfolk Southern’s annual meeting will be May 9, when the push to oust current management comes to a head.
FedEx Express has parked more freighters, reduced aircraft capex and is integrating its daytime freighter network with the Freight segment’s less-than-truckload operation to provide linehaul connecting the U.S. and Europe to boost efficiency.
Port Houston reported strong imports after a soft January as general cargo tonnage represented nearly 40% of total import tonnage in the month.
This week in Borderlands: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.
Whether it is nearshoring, tariff bypasses or something else entirely, the Southern border is becoming increasingly important for domestic transportation.
Delta Air Lines has named Peter Penseel, currently at Ceva Logistics, to head Delta Cargo.
Colorado State University researchers say ELDs are vulnerable to “truck-to-truck worms,” self-replicating malware that spreads across a network.
Tyler Kivi, COO of Kivi Bros Trucking, joined Jeremy Reymer on this week’s episode of Taking the Hire Road.
In today’s FreightTech Friday roundup, we explore Transportation One’s new tech, a Truckstop survey on carrier sentiment and a recent round of funding.
Now on demand on WHAT THE TRUCK?!? Dooner and guest co-host Hunter Shearer are joined by the best of the event
Onshore well services provider Enservco Corp. has entered an agreement to acquire Buckshot Trucking.
While the logistics industry as a whole needs data standardization for greater efficiency, it faces specific challenges when compared to other industries.
Foremost Group CEO Angela Chao was intoxicated when she reversed into a pond and drowned at her Texas ranch on Feb. 11, according to authorities.
Bosch has a cloud-based plan for load matching; Nikola’s high-pressure product and problems;, and Cummins’ creative stock buyback via spinoff
FreightWaves’ State of Freight webinar for March highlighted signals that the commercial transportation market is moving in a positive direction.
FedEx said strong cost controls drove its fiscal third-quarter results; its shares soared in late trading.
Legislation approved by the House gives the Federal Maritime Commission more power to investigate potential container market manipulation by China.
The energy sources that will power trucks that carry freight in the future was the focus of a discussion at CERAWeek. (Photo: Jim Allen/FreightWaves).
In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.
Transfix has launched tools aimed at protecting shippers, carriers and brokers from fraud.
In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.
Satish Jindel, president of ShipMatrix, shares his thoughts on the ways parcel carriers should modernize their networks.
The end of 2023 saw a surge in cargo thefts with thieves targeting food and beverage freight, along with electronics and household goods.
A DePaul University report says Amazon’s air logistics unit is increasing efficiency by adopting a hub-and-spoke operating system for its cargo jets and airport locations.
Uber Freight’s Powerloop offering has served more than 220,000 loads using over 10,000 carriers. Powerloop saw a 43% increase in power-only load volume in 2023.
DAT Freight & Analytics says “external forces” caused service disruptions over the past 10 days on the load board’s platform.
Pandemic-related port congestion spurred the Department of Transportation’s creation of the Freight Logistics Optimization Works data-sharing platform.
Oil analysts at CERAWeek see a market that isn’t what they predicted a year ago but is relatively stable, all things considered.
Commercial vehicle auction volume in February held steady, but prices fell, according to J.D. Power Valuation Services. Yellow’s liquidation is expected to affect March prices significantly.
The air cargo logistics sector is enjoying good volume growth so far this year, but it remains to be seen if the new momentum can be sustained.
Will shippers pull forward freight to avoid East Coast port labor disputes?
The Biden administration is getting a clearer picture of freight flow changes with new data from inland intermodal hubs.
Legislation heading to Georgia Gov. Brian Kemp to bar most truck-crash lawsuits against insurance companies would reduce premiums and lead more insurers to write policies, supporters say.
The precise rules granting tax breaks to hydrogen to fuel trucks are still to be announced, and that has some people at CERAWeek concerned.
ATA, truck dealers and others are warning the public of consequences if the Biden administration’s proposed greenhouse gas rule moves forward.
ArcBest announced a partnership with Nvidia in which it is swapping out 3D lidar sensors for an AI-based technology.
Longer routes and bottlenecks are expected to have a larger ripple effect on the supply chain as a whole as volumes continue to tick up and disruptions show no sign of abating.
Texas-based vertical farm Eden Green Technology will grow, package and ship herbs from one of its two greenhouses in Cleburne.
Bulk hauler Trimac announced the acquisition of North Carolina-based Feldspar Trucking, which hauls materials used for glass and ceramics production.
Historically, companies have had two shipping options: less-than-truckload or truckload. Both tend to require some level of sacrifice from the shipper.
In 2023, the Port of New Orleans achieved a record-breaking year for its container-on-barge service, emphasizing its commitment to reducing emissions.
The benchmark diesel price used for most fuel surcharges rose 2.4 cents, though diesel futures are climbing rapidly.
A prolonged period of elevated expenses has some fleets harnessing the power of the sun to mitigate the impact.
Nearshoring growth paired with lack of cross-border visibility is creating new challenges for cross-border logistics providers. Nuvocargo combines technology and expertise to overcome hurdles common to traditional big-box brokerages.
Venture Global LNG is building a large fleet of liquefied natural gas-powered vessels, amid numerous legal fights.
The trucking industry has a duty to the public, primarily to eliminate all truck crash fatalities and to increase the minimum insurance requirements.
The odds of winning the big AB5 independent contractor case on appeal, after last week’s smackdown in a lower court, are considered slim, observers say.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Carl Bentzel; Kevin Nolan; Scott pipicelli
Silk Way West Airlines is buying another 777 freighter from Boeing.
Broker Landstar System has added two top sales positions following its CEO transition.
Discover how Giovanni Gubbels, founder of CtrlChain, is revolutionizing the logistics industry by enhancing collaboration and optimizing capacity through digital transformation.
Wise PanAmerican Solutions has seen an increase from international companies interested in doing business with Mexico.
This week in Borderlands: Container shipments from China to Mexico skyrocketed in January; construction set for border logistics park in West Texas; Nippon Steel set to build $71M plant in Mexico; and China-based auto supplier announces $178M investment in Mexico.
Friday saw a pivotal shift for Flock Freight as the company opted to downsize its workforce by 54 individuals, a strategic decision aimed at realigning the company’s trajectory towards profitability.
A new attempt to keep California’s independent contractor law AB5 from the state’s trucking sector was thoroughly rejected by a federal judge this week.
Ronald Britt was driving his 80,000-pound truck around 60 mph on Interstate 55 when he crashed into a vehicle in a “super fog” that spurred multiple crashes on the roadway, authorities said.
Major weather events in the past few years have greatly affected supply chains and logistics. It’s likely to be the same in 2024, as El Niño causes different effects in different regions.
In this edition: Chiquita and Daikin Reefer continue with what works, new robots that can thrive in any temperature and happy Frozen Food month.
Uber and Lyft have declared their intention to pull out of Minneapolis after a minimum pay ordinance for app-based drivers survived a mayoral veto.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Mark Schedler; Walter Mitchell; Eric Kulisch; Aaron Hatfield
The Volkswagen diesel scandal settlement is providing more money to buy zero-emission drayage trucks and other vehicles in California.
After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle […]
Lindsey Trent, president and co-founder of Next Generation in Trucking, joins Jeremy Reymer to share her passion for creating a path for a younger workforce in the trucking industry.
Today’s FreightTech roundup takes a look at HEALE Labs’ goal to improve data sharing with digital currency, PrincetonTMX’s partnership with Loop and other highlights of the week.
EROAD develops flexible, scalable technology solutions to address today’s challenges and position fleets for continued success amid growth, evolving business needs, and regulatory changes.
The FedEx pilots union is telling members that the company’s slow response to its demands is triggering tougher tactics. FedEx says there is so much turmoil in the union that it doesn’t know what demands to take seriously.
Prosecutors said Viorel Pricop set fire to Swift Transportation trailers after the company helped law enforcement bring federal charges against him.