Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Key speakers announced for The Future of Supply Chain.
In a highly regulated industry like transportation, technology is becoming increasingly paramount.
Maersk will deploy 300 Class 8 electric trucks from Einride in its U.S. warehouse and distribution network.
Financial technology platform Outgo emerges from stealth with a vertical banking solution that automates bookkeeping functions for carriers.
CEO Barkoff isn’t revealing much about the next initiatives at the 4-year-old Relay Payments, which has attracted significant investment.
Navistar designed its new $250 million plant to Industry 4.0 standards, including robots that talk to each other and paperless operations.
With Daimler Truck already on board, Platform Science adds Navistar as the second manufacturer to factory install its open-source telematics.
Gatik’s Gautam Narang will be an industry keynoter at The Future of Supply Chain event.
At the press conference announcing the deal, the first user of the Locomation technology, Wilson Logistics, gave an update on what it is doing in the autonomous space.
Aircon is “building technology to achieve operational efficiencies that will change what air cargo means to the global supply chain.”
This AskWaves considers whether the federal government is needed to launch a supply chain portal – and whether it can succeed.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Transfix’s Scott Sokoloff discusses how data is keeping supply chains resilient in the wake of recent shake-ups.
TuSimple’s stock price has tanked in recent weeks, and a published report says the autonomous truck developer may sell its China business unit.
“We realized we don’t need to make the carrier give us that information to let them see our loads. Instead, let’s give the carriers a platform where they can search loads, even bid on them, without having to provide us all of that info,” Zuum’s product manager told FreightWaves.
Wiliot’s Steve Statler breaks down the company’s V2 pixel and Universal Automation Platform for Modern Shipper.
MVMNT’s complete freight management platform gives you control over your freight without the disproportionate cost of a traditional TMS.
The $12 million from Level Equity draws the previous biggest investment in WorkHound, which was just over $2 million.
TriumphPay takes the hassle out of carrier payments, allowing brokers to focus on what they do best.
“Prompt is the leading logistics technology company with all the major global data privacy and security certifications — GDPR, ISO27001 and SOC 2 — meaning that we can, and have, met the requirements of even the most stringent IT departments,” says Prompt CEO Robert Petti.
Nikola is asking shareholders to dilute their investment by authorizing 200 million new shares of the electric truck maker that could raise $1.5 billion.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
The cost curve is pointing downward in the production of green hydrogen, according to the head of a company that builds fuel cells.
Startup Kodiak Robotics is the first to run regular autonomous loads to Oklahoma in a partnership with Ceva Logistics.
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
On the new app, users will log in to an updated timeline of FreightWaves content and have the ability to comment, like and share with contacts and other social media sites.
The supply chain “can have a huge impact on improving the state of the world,” says
project44 COO Vivek Kundra.
Adoption of this technology is part of Egypt’s 2030 Vision, a long-term strategic plan to achieve sustainable development across economic, social and environmental sectors. Since adopting the initiative in 2020, Egypt has remained the only country in the Middle East and North Africa to avoid economic recession.
“With TriumphPay handling payments for all stakeholders at each stage of the post-load payment journey in a secure and transparent fashion, carriers, brokers, factors and shippers will have more time to focus on other important business decisions,” said Melissa Forman, senior vice president and chief strategy officer at TriumphPay.
Focusing on growing Emerge’s capacity, Ramsdell wants to offer Fortune 500 drop-drop freight to small and midsize carriers.
Hyper rail systems could transport containers to and from ports quickly, according to WickedHyper’s CEO.
The TaxiBot is not an autonomous taxi for city travel. It’s a robot vehicle that pulls aircraft to the runway.
TuSimple’s leadership succession plan was known inside the autonomous trucking startup, but the unexpected timing rattled investors.
Federal regulators have amended their rules to make it easier to install driver-assist technology in trucks.
Arkansas Gov. Asa Hutchinson is a leader in computer science education; Jonathan Hoffman has expertise in national defense.
EcoCart will manage a new carbon-offset program for Walmart Canada that will aim to eliminate emissions from its last-mile delivery operation.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
In a century-old manufacturing complex where General Motors once built gears and axles, Waymo manufactures autonomous cars and trucks.
The French company says it has a better solution for North American visibility users. Others say it lacks the clout to get it done.
“This is not just a truckload-only tech solution,” Ken Beyer, CEO of TI Holding Co., told FreightWaves.
“There’s no other solution out there that has done this,” said Parade CEO and co-founder Anthony Sutardja. “We have really led the way in defining digital bidding and digital booking across our partner capacity networks.”
Echo’s CIO aims to further tech innovations, including API improvements for shippers and carriers.
Supply chain visibility leader project44 made a trio of announcements Wednesday, including an expansion and a new offering.
Many automation solutions companies are penetrating the industry to remove supply chain friction, improve efficiency and job satisfaction.
Small and midsize factoring companies are able to achieve a competitive advantage, which many previously thought was impossible without millions of dollars of investment.
Technology companies such as Sibros, a hardware-agnostic connected vehicle platform company, are the reason vehicle owners aren’t making weekly trips to the dealership and why maintenance on modern software-defined vehicles is becoming increasingly easier.
“As the largest cannabis distributor in the largest markets in the U.S., we continue to source, implement and deploy leading technology solutions into our infrastructure to refine our processes and remain competitive and agile,” said Michael Beaudry, founder and CEO of HERBL.
TuSimple claims a “clean bill of health” as a U.S. probe of foreign investment ends with an agreement to guard U.S.-developed technology.
“We are excited to help usher in a new era of intelligent, modern logistics with a focus on sustainability for our customers, our employees, our shareholders and our planet,” said Lily Shen, CEO and president.
“I read that if we could save drivers 18 minutes a day, we would not have a driver shortage problem. We think it’s possible to give them those 18 minutes just from time wasted at the warehouse alone,” says C3 Solutions’ CRO.
One hour. That’s how long it could take a rocket to carry troops and material from a base in the Midwest to the Middle East if technology the military is exploring proves out.
“We are coming out of the gate with the LoadBoard Network software but the best part is the infrastructure is all new. There will be unbelievable opportunities for customers as we add features,” says the founder and president of LoadBoard Network.
Nexxiot co-founder Daniel MacGregor chats with FreightWaves’ Tyler Cole about how data and Internet of Things can impact sustainability.
Aurora Innovation is trying to prove it has thought through issues surrounding autonomous trucking as it targets late 2023 to launch its Horizon system.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
Robotic delivery provider Kiwibot has announced a new funding round and a major contract with food services provider Sodexo.
According to the Austin, Texas-based company, the average purchase order has a 52% chance of changing before it is delivered by the vendor.
“There’s a lot more focus on tracking the product itself” when it comes to consumer packaged goods, said Bart De Muynck, vice president of supply chain research at Gartner.
Amid high rates and tight capacity, fleets must make do with what they have and minimize errors that can lead to significant cargo losses.
Waymo Via and C.H. Robinson are the latest dance partners seeking to choreograph autonomous trucking.
On-demand truck driver platform Haul announced a $10 million funding round as it looks to expand its coverage area for fleets in need of temporary drivers.
With its new TX-18 automated manual transmissions, Paccar looks to make off-highway and severe service easier on the driver.
Automation can help “you get a ton more value out of your existing systems and any new investments you want to make in technology,” said Eric Rempel, chief innovation officer at Redwood Logistics.
FIRESIDE CHAT TOPIC: Opportunities for automation abound over the middle and last miles SPEAKER: Sam Saad, VP of strategic initiatives for Gatik BIO: Saad currently heads up strategic initiatives for […]
U.S. Xpress, which has deep autonomous trucking ties to TuSimple, adds Aurora as a second partner focused on exploring best driverless routes.
Parade garners impressive support from both Silicon Valley and Freight Alley.
Kendra Tucker joined Truckstop.com as the chief revenue officer in 2020 and became chief operating officer last September.
TuSimple says its autonomous trucking software is “feature complete” and it will expand driverless trucking beyond a pilot program.
With Transplace now in the fold, Uber Freight’s revenue topped $1 billion for the last three months of 2021.
Outrider is adding autonomously precise backing of trailers to the dock to its range of driverless services in distribution yards.
“What Leaf is doing — building a highly connected and forward-looking view of the industry from the ground up — just can’t be done by incumbents operating within the existing constructs of the industry,” says partner at Sozo Ventures.
Trimble expects organic revenue growth in 2022, despite the ongoing impact of constrained supply chains across the global economy.
Near-space vehicle producer Destinus just secured $29 million to build out its autonomous, hydrogen-powered hypersonic cargo plane.
Truckload capacity management platform Parade plans to grow its team, expand its capabilities and add third-party partners to increase its value to customers.
Parsyl closes on $25 million series B while currently monitoring vaccine shipments for 200 million people across 80 countries.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
Self-driving technology startup Waabi has introduced its Waabi World simulator, a technology that company founder Raquel Urtasun said is able to “teach” autonomous vehicles how to drive in a safer manner.
With experience from J.B. Hunt, Penske Logistics and Transplace, Mark McEntire looks forward to his new role at procurement and logistics platform Emerge.
Embark Trucks’ connection with Knight-Swift will lead to the installation of high-autonomy software by the end of 2022.
Leverage is an AI-powered cloud platform giving logistics providers real-time purchase order visibility.
Via.Delivery has found that 18% of U.S. consumers use buy-online, pick-up-anywhere services when offered at checkout.
Rishi joined the supply chain SaaS company in 2017.
No. 7 on FreightWaves’ 2022 FreightTech 25 is landing $935 million in a series E round led by Andreessen Horowitz and MSD Partners.
Navistar’s new CEO aligns with parent Traton Group in declaring batteries will be the ultimate solution to zero-emission transportation.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
“There is an urgent demand for new and innovative ways to increase visibility and efficiencies in the supply chain and improve driver experience, and this investment from our new and existing partners is going to power us to fill that need,” says Platform Science co-founder and CEO Jack Kennedy.
“A complete transition to ZET technology would not only help mitigate the impacts of climate change and poor air quality but could eventually lower total cost of ownership for fleets and create job growth in the U.S.,” the report said.
Pitney Bowes’ Nita Lathia becomes head of marketplaces for Passport.
“We’re not looking to replace trains. We’re looking to augment trains with a system that is trying to be competitive as an alternative to trucks,” said Matt Soule, co-founder and CEO at Parallel Systems.
TuSimple advances its commercialization timetable for driverless trucking and adds intermodal freight for Union Pacific at the Port of Tucson in Arizona.
Computer glitches are being blamed for the delay of the Project Infinity rollout that some fear could break up long-standing relationships with carriers.
RenoRun, a last-mile delivery provider of building and construction materials, has raised $142 million in a series B round and announced its expansion to Washington, D.C.
Truckload operator Werner Enterprises is an early evaluator of the latest powertrain technologies, including a hydrogen-powered Cummins engine.
Centerboard’s newest API solutions are designed to provide customizable integration for shippers and technology providers.
Conversational analytics tool Athena received the 2021 Cool Vendor in Analytics and Data Science award from Gartner.
The DHL unit is the first commercial customer of Boston Dynamics’ Stretch robots.
Tula Technology’s engine controls could clear a major hurdle for trucking companies facing tougher emissions rules.
The roads are mostly mapped for TuSimple to drive autonomously in Texas. Now it is up to commercial property developers to get ready.
With its foundation in place, Gatik looks to accelerate middle-mile autonomous deliveries across North America.
