FOSC chat: Mastercard and Transcard talk freight payments
Mastercard VP of Strategic Partnerships Paulo Fernandes sat down with Transcard Product Marketing Consultant Mark Brousseau.
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Mastercard VP of Strategic Partnerships Paulo Fernandes sat down with Transcard Product Marketing Consultant Mark Brousseau.
FreightWaves founder and CEO Craig Fuller chats with Billy Beane, executive vice president of baseball operations for the Oakland A’s, about how the A’s used data to help configure championship-winning teams.
The executive envisions a “connected ecosystem” where all capacity and shipments move simultaneously and in real time.
Emerge CEO Andrew Leto and company President George Abernathy discuss the importance of capacity partners.
A Massachusetts ballot initiative to classify Uber and other gig work drivers as independent contractors encounters skepticism before a panel of judges.
Arkansas Gov. Asa Hutchinson has four suggestions on how U.S. manufacturers and the American government can make a more resilient supply chain.
Average spot rates increase 3% from Dallas to Columbus, and Chinese President Xi Jinping’s zero COVID policy continues to effect imports.
New index is fastest, most accurate way to measure US trucking activity
Like other companies in the logistics industry, Varstar pivoted toward technology during the pandemic.
In most cases, AI-based warehouse slotting can deliver 10-20% labor cost savings, a 1-5% improvement in accuracy and 20-40% increase in throughput.
Forward Air announced the first West Coast addition to its drayage franchise with the acquisition of Edgmon Trucking.
Reducing empty miles and dwell time could improve social, environmental and financial sustainability.
Since joining third-party-logistics firm, LFS, as an advisor and investor, Justin Hall has been working to rebrand the company under the name of Primo.
Truckers face elevated risks of low visibility and rollovers as fire weather conditions increase across the Southwest (video forecast included).
Lightning eMotors, which electrifies commercial vehicle chassis, is teaming with Perrone Robotics to offer Level 4 autonomous vehicles for sale.
The aging of warehouse stock makes life difficult for tenants.
This FreightWaves Future of Supply Chain chat covers the connection between freight technology and supply chain agility.
This FreightWaves Future of Supply Chain chat covers how Unilever considers supply chains, technology and growth in mergers and acquisitions.
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
Boox created reusable boxes and bags to cut down on shipping waste and promote a circular economy.
Paccar Inc. is recalling 17,641 Kenworth and Peterbilt trucks from the 2018-2020 model years because of a steering part defect.
This week: Pilot donates $100,000 to Hire Heroes USA; Scrubblade becomes a sponsor of the St. Christopher Truckers Relief Fund; and TravelCenters of America starts taking nominations for its trucker awards.
AskWaves has reviewed the latest comments on a proposal allowing oral fluid instead of urine to test for drugs — the trucking industry mostly likes it.
Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
Thousands of people will be heading into improving weather as The Future of Supply Chain kicks off in Northwest Arkansas.
The Surface Transportation Board wants Union Pacific, BNSF, CSX and Norfolk Southern to provide service recovery plans following reports and testimony about deteriorating rail service.
Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.
Volume levels have restarted the decline after recovering after Easter Weekend. The national rejection rate has fallen below 9%…
As part of FreightWaves’ The Future of Supply Chain event, Zuum will demonstrate its platform that connects software and solutions for all aspects of the supply chain.
On the show: Test driving Hyliion’s Hypertruck ERX and Q and A with founder and CEO Thomas Healy
On the show: with rates cratering and diesel at record highs we look at the state of trucking for small companies
A 67-year-old Missouri trucking company that hauled mail for USPS shut down and filed for Chapter 7 bankruptcy after losing contracts.
China’s zero-COVID policy is a prescription for more inflation and supply chain “illness.”
Is a bigger battery on wheels the best way to make autonomous trucks more efficient? Solo Advanced Vehicle Technologies thinks so.
Drones delivered hot dogs and chips to hungry baseball fans as part of a pilot by Levy, Valqari, USOG and Purdue Athletics.
With first-quarter earnings pretty much all in the book, Todd Fowler of KeyBank discusses how trucking performed in a strong quarter.
The monthly BLS report on employment showed that truck transportation jobs were up sharply in April after an unexpected decline in March.
Ride-hailing snack company Robomart will start delivering ice cream on demand this summer through a partnership with Unilever.
Capacity loosens in the LA market while Dallas and Detroit markets both tighten.
Atlas Air’s cargo business is on a steep growth path this year and ongoing fleet investments indicate management’s confidence in the future.
There are many reasons why drivers may end up driving miles that are considered wasted. One big reason is weather conditions.
President Joe Biden signed an emergency declaration that would free up federal resources for New Mexico wildfire victims.
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
Transportation lawyer Cassandra Gaines describes the process of combining legal lessons into carrier monitoring FreightTech.
Truckload carrier U.S. Xpress turned in a quarter that was roughly breakeven, but some of the numbers from its Variant initiative deteriorated significantly.
Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.
The company will pursue smaller rivals that lack scale to meet increasingly demanding requirements, GXO’s CFO says.
DoorDash continues to reign supreme over Grubhub and Uber Eats as it expands its business into new categories like convenience and grocery.
U.S. regulators have ordered the world’s largest ocean carriers to submit more pricing and capacity data to help protect shipping markets from anticompetitive practices.
Volvo will work with DHL Supply Chain to test hub-to-hub autonomous trucking using Class 8 VNL tractors retrofitted by Aurora Innovation.
Rate hikes and a slowdown in online deliveries hit U.S. Postal Service demand in the second quarter.
The East Coast diesel market is getting tighter. Prices are rising, particularly for buyers demanding fuel for the fastest delivery time.
Although many companies are competing to solve the same problem, NewRoad’s operating partners use their industry expertise to pinpoint the company with competitive advantages that set them apart.
Reliance Partners’ Brian Runnels offers tips ahead of the inspections on May 17-19.
Trucking solutions, sitting cargo are among the issues in Henan province’s capital city.
Less-than-truckload carrier Yellow Corp. has begun the next phase of its multiyear transformation. A recent proposal seeks to consolidate and close terminals in the West.
Electric truck maker Nikola posted its first gross profit in Q1 and racked up orders backed by California incentives.
Outbound tender rejections out of Nashville, Tennessee, are down 2% week-over-week, and the range of spot rates from Omaha, Nebraska, to Dallas increases.
Berkshire Grey, a provider of mobile robotic technology and software for warehouse automation, revealed its latest solution on Thursday.
America’s biggest truckers are clearing out their used trucks. It’s a brilliant strategy to chip away at competitors and boost stock prices.
Experts believe the FHA pledge amount is far below the total funds needed.
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
J.B. Hunt showcases its tech-enabled multimodal marketplace to streamline efficiency
Supply chain technology provider Trimble reported record revenue for the first quarter of 2022.
Shopify announced a $2.1 billion acquisition of last-mile delivery technology company Deliverr, but its stock tumbled after a Q1 earnings miss.
TransForce showcases digital recruiting platform, matching drivers and carriers through technology
Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.
Truckers may have to keep detouring around flooded areas of North Dakota and Minnesota for a few more weeks (video forecast included).
Urb-E, the e-cargo bike last-mile delivery company, has joined the Zero Emission Delivery Zone program in Santa Monica.
Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.
Revenue seen growing by 11% to 15%, up from 8% to 12%; CEO sees growth across all verticals.
XPO Logistics released a sustainability report that hones in on recruiting underrepresented groups and using optimization to reduce emissions.
Aided by the acquisition of Transplace last year, Uber Freight posted positive EBITDA for the first quarter.
‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.
Emerge, a tech startup based in Scottsdale, Arizona, is showcasing its AI-powered, dynamic Freight Procurement platform as part of its seven-minute live demo during The Future of Supply Chain event in Northwest Arkansas.
Class 8 truck orders fell to a seven-month low in April as manufacturers continued to restrict bookings over supply chain uncertainty.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
The nation’s top highway safety watchdog plans to push federal regulators to require a higher level of speed-limiting technology than currently proposed.
What’s good at the Port of Cleveland; spot slides again; The Future of Supply Chain; news on WHAT THE TRUCK?!?
Traton Group is glad it bought Navistar when it did. The U.S. truck and bus maker is helping offset war and other issues at the German holding company.
There is no easy fix to rising fuel prices without stripping government of much-needed infrastructure money.
Chill Storage, a new joint venture between Barber Partners LLC and Bain Capital, will build 15 cold storage warehouses in the coming years.
More planes and less cargo haven’t translated yet to a big drop in shipping prices between North America and Europe because of airport logistics problems.
As spot rates tumble, shippers should consider rerunning their RFPs to lock down better prices.
Truckload spot rates from Kansas City, Missouri, to Milwaukee trend downward while intermodal spot rates from Chicago to Atlanta rise to protect capacity.
Uber’s delivery segment, which includes Uber Eats and services like Uber Connect, had another solid quarter.
The U.S. Postal Service is offering online marketplaces a new e-commerce service designed to lower shipping costs for parcels.
Forecasters are saying severe storms and potentially strong tornadoes could return to the Plains on Wednesday (video forecast included).
Paxafe closes on additional $1.5 million round led by Venture 53 with participation from Value Chain Ventures, project44’s Jett McCandless and Metafora’s Peter Rentschler.
A hearing at the Surface Transportation Board raised hard questions that could influence the trajectory of the freight rail industry.
Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.
TuSimple, the autonomous truck developer is delaying its purpose-built driverless truck to 2025 while slowing its roll in other areas.
Mineta led the agency during the 9/11 attacks and oversaw the TSA’s launch.
Pete Buttigieg pushed back during a DOT budget hearing in the Senate against an effort to blame the Biden administration for rising inflation.
New container prices, new production, lease rates, lease durations and used container prices are all down.
Lyft, one of the major players in the increasingly profitable ride-hailing industry, reported strong revenue growth Tuesday in its Q1 2022 earnings.
Management from flatbed provider Daseke said April was “strong,” a continuation of the better-than-expected performance it recorded in the first quarter.
GoBolt, a Toronto-based provider of last-mile logistics and e-commerce fulfillment solutions, brings its all-electric fleet to the U.S.
Freight forwarding, supply chain and express units see strong trade-related demand.
Paccurate raised $2.2 million to advance its cartonization and optimization platform.