Forager’s Silver: Shared vision key to finding the right investors
The CEO and co-founder of cross-border digital freight marketplace Forager discusses the sometimes-tricky process of courting investors.
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The CEO and co-founder of cross-border digital freight marketplace Forager discusses the sometimes-tricky process of courting investors.
Sunnyvale, California-based Trimble Inc. is a provider of technology solutions for trucking companies, freight brokerages and third-party logistics providers.
Heartland Express raises driver pay 6% across the board and as high as 12% for some.
With passenger planes all but out of commission earlier this year – and still lagging considerably in the fourth quarter – shippers had significantly fewer options for moving their products across the world.
Sageview Capital’s Andrew Korn discusses growth capital investing strategy and what sets his firm apart from others during the FreightWaves FreightTech Venture Summit. Gaining support from investors can be one […]
The need for industry knowledge and strong connections has become key to competing in the crowded logistics venture capital arena.
Research on dangerous goods transportation is still ongoing, the agency said. The announcement follows an audit published last month that suggested that Transport Canada failed to fully implement several safety recommendations.
The freight business is both complicated and asset-heavy. To be successful, tech startups need to know the freight business, its pain points and its limitations.
Grant Langston, ex-CEO of online dating site eHarmony, finds his skill set melds with on-demand warehousing.
Mehta and Sweat are keeping a step ahead of the evolving supply chain startup market.
FreightWaves CEO and founder Craig Fuller hosted a Fuller Speed Ahead episode with Truckstop.com CEO Paris Cole and Phil Yates, founding partner at Bregal Sagemount.
Longtime MODE Transportation President and CEO Jim Damman is appointed chairman of the company.
Work Truck Solutions founder Kathryn Schifferle shared her journey navigating the venture capital world during the FreightTech Venture Summit.
Ryder is using its fleet and supply chain as a laboratory for new technologies from startup companies it supports.
FDA approval is only the first step in the process.
Exports drive Canada grain volumes higher.
FreightTech Venture Summit: Figuring out whether to go VC or “bootstrap” in an industry that is “serious” but with some tough issues to overcome
Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.
Data drives the development of those opportunities, according to Sapphire Ventures Managing Director Kevin Diestel in the fireside chat “VC Perspective: How FreightTech is Different” during the FreightWaves FreightTech Virtual Summit.
“It’s well documented how big this market is and how ripe for disruption this market is,” says Rose Rocket CSO Justin Bailie.
Start small and simple, VC experts say.
Mark Scudder discusses acquisitions, IPOs and more with FreightWaves CEO Craig Fuller during the FreightTech Venture Summit
TRUX, the leader in dump truck logistics technology, is the latest member of the Blockchain in Transport Alliance (BiTA). Read why.
Ike founder Alden Woodrow talks about the company’s unconventional approach to securing funding and bringing its product to market.
Steve Case helped build AOL. Now, as CEO of Revolution LLC, he works to help other entrepreneurs fund and grow their businesses.
But margins made on those diesel sales were down from 2Q and last year
FreightWaves today announced FreightWaves for Startups, a new initiative aimed at helping startup companies grow into successful organizations.
Carriers still have time to secure loads in strong reefers markets in the path of a potential snowstorm.
In today’s edition of The Daily Dash, YRC announces changes, tapping of loan agreement, plus Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.
Certain types of business models are more attractive to venture capitalists.
Big win for ballot measure but it has no provisions that impact trucking
A look back at the days after the 2016 presidential election and the strange case of “The Donald Trump Shipping Stock Boom.”
Preliminary Class 8 truck orders in North America reached a two-year high in October with more than 40,000 reservations.
Data mining and telematics are changing the way air quality regulators are enforcing trucking emissions regulations in California.
The U.S. military relies on its own cargo aircraft and commercial operators to move personnel and equipment around the world. Rockets could do that in a tenth the time.
A panel of economic experts weighs in on the future of the Surface Transportation Board and the rail industry itself.
“Being able to look a few hours ahead to track radar was very helpful,” said one trucker about a popular weather app.
A survey of supply chain executives shows transportation capacity declines at a slower pace in October. The logistics industry continues to experience “rapid” growth.
Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Industrial real estate performance forecast; trucking provides […]
China still holds the title of the world’s manufacturing floor, but business challenges are leading more companies to source production in other countries.
U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.
CBP agents seized $60 million worth of meth in two separate incidents involving tractor-trailers at the border in Laredo, Texas.
Logistics provider ArcBest is experiencing some of the strongest tonnage trends in the company’s history. The year-over-year comparisons turned positive in August and have continued to climb.
Truckload carrier successful after receiving no action on first application filed in 2016.
Disruption, technology and keynote addresses from Shelley Simpson and John Roberts III of J.B. Hunt and Thomas Healy of Hyliion will highlight FreightWaves LIVE @HOME.
A half-dozen basic tips on what drayage truck drivers must consider when picking up a container chassis from a pool.
Expeditors sees drop in air, ocean moves but net income climbs
Overall, there will be lower rail volume levels continuing into the first quarter of 2021.
Cargojet’s record airfreight volume helped adjusted earnings double in the third quarter.
“Regional carriers often step in to fill those critical gaps,” said Elizabeth Elkins.
Landstar System announced that its CFO was stepping down immediately. President and CEO Jim Gattoni will act as the company’s CFO on an interim basis until a replacement is found.
River flooding possible this week in Northwest freight markets along the I-5 corridor.
Logistics provider ArcBest beats third-quarter expectations by 50%. Improved demand and cost management drive the result.
In today’s edition of The Daily Dash, the Transportation Intermediaries Association says a broker transparency rule would address a marketplace that no longer exists. Plus, federal regulators could be looking to the industry to help develop autonomous truck rules, and shippers are demanding more power-only options.
Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.
YRC Worldwide announced several changes in its third-quarter report. The biggest was that the carrier has already accessed CARES Act relief money to replenish its fleet.
E-commerce and faster shipping times are in high demand. Air cargo results in carbon dioxide, sulfur and particulate matter emissions. Here are five ways aviation is expected to counteract the negative environmental impacts in 2021.
Focus will be to strengthen Coupa’s clients supply chain spend, Llamasoft executive says.
YRC Worldwide announced that it has accessed the first $75 million of the second tranche of the CARES Act loan it received in July. These funds are to be allocated for upgrades to the fleet.
Defunct Rhode Island trucking company was being investigated in connection with accident that killed one of its drivers
Daimler Truck and Volvo Group expect to hit the ground running in their fuel cell joint venture. Volvo is buying Daimler’s expertise and helping offset the development cost of the zero-emissions technology while the rivals will compete in producing hydrogen-powered trucks.
Pfizer and Moderna have developed vaccines that need to be deep frozen. Most freight distribution companies and medical facilities don’t have super-cold freezers, so governments and industry are mobilizing resources until less sensitive vaccines come along that they are equipped to handle.
Inside the grocery supply chain with Robinson Fresh. Plus, truckers against child abuse, final mile, and more
Positive COVID recovery signal: LNG shipping is behaving normally again, with a typical seasonal spike.
SeaFort Capital-backed Canadian trucking company Jardine Transport Group expands footprint with the acquisition of cross-border carrier Quality Transportation Services.
2020 wins include harbor-deepening funding and Blount Island berth enhancements.
AOL co-founder and current Revolution CEO Steve Case and Ryder’s Karen Jones to headline star-studded virtual event focused on FreightTech.
Project will inform regulators on ADS safety rules.
Truckers are a critical link in the U.S. supply chain. Today, during the current coronavirus pandemic, this critical link takes on even greater significance and we need to all do our part to help keep them safe.
“Life-threatening storm surge” and “catastrophic winds” coming to parts of Central America as Hurricane Eta rapidly intensifies.
In its comments to FMCSA, 3PL trade association says provisions that allow disclosure of data from brokers to carriers were for different era and seeks end to rule
Initially, ITG’s impulse was to build its own IT infrastructure and software tools.
The bond credit ratings firm updates its outlook for the freight rail industry from negative to stable amid rising rail volumes.
Platform Science’s Remote Platform Management products are now available on Samsung’s ruggedized Galaxy Tab Active devices, giving trucking fleets mobile device options with full functionality.
The U.S. Department of Transportation hopes the changes will help more short line and regional railroads modernize and upgrade their infrastructure.
Knight-Swift, Arrive Logistics, and Uber Freight have three different approaches to drop-freight solutions.
Shell says that using traditional lubricants in electric vehicles is acceptable, but vehicle owners lose out on performance without a more specialized approach.
Truckers could hit delayed interstate travel Monday across many areas of the Northeastern U.S.
ZeroNorth makes board appointments, and Southeastern Freight Lines promotes a service center manager.
Increased freight volume and higher carrier profits always drive Class 8 truck demand. The circumstances in 2020 differ from 2018’s tax cut-driven boom, but reasons for the surge are identical.
Drivers can keep some simple tools and perhaps lesser known items on board to ride out winter storms.
California air quality chief on short list to helm Biden EPA; 125 zero-emission models in production; LA mayor seeks proposals on zero-emission drayage technology.
A number of technology companies made announcements of new products or features last week, including Verizon Connect, SkyBitz, Lytx, Rand McNally and Cargo Chief.
PortPro Technologies has introduced a next-generation, web-based TMS built for drayage carriers.
Before COVID-19, demand for supply chain talent, especially truck drivers, was at an all-time high, outstripping supply and creating major worries for companies across all industries.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo airport expanding cargo facilities; CBP seizes $821M in drugs; LubeZone acquires All Star Truck; Mesilla Valley Transportation signs Winmore.
Aircraft stored away because of the pandemic still receive equipment checks and each battery reconnection drains capacity on some Airbus aircraft, which could lead to a loss of power.
Import volumes continue to fuel the surface transportation boom. Will it last into 2021?
One developer touts its weather app because its “storm-based alerts help reduce false alarms by alerting you to severe weather based on your exact location.”
“The strength of this typhoon is no joke,” warns a disaster official as this major typhoon approaches the Philippines.
Rate increases, which apply to ground, air and international services, take effect Dec. 27.
This week in spot rates
The Owner-Operator Independent Drivers Association (OOIDA) kicks off its annual Truckers for Troops campaign on Nov. 9 for active service members and veterans.
In today’s edition of The Daily Dash, peak season could be among the most volatile in years if current data trends continue. Plus, grading the success of the president, and Amazon’s logistics network just keeps growing.
Volatility compresses as peak season begins
GPA looks to receive board OK next month for initiative.
Nashville-based truckload carrier also wants to move case from Washington to Tennessee.
On this week’s Drilling Deep, P. Sean Garney of Scopelitis Transportation Consulting looks at the recent federal guidelines for hair testing to determine if drivers, or potential drivers, have drugs […]
Capacity Southeast of Nashville to join Chattanooga-based Reliance
It’s a special Halloween episode on freight’s most diabolical variety show.