Cloud supply chain firm STORD lands $65M funding round
STORD, which describes itself as a cloud supply chain company, has secured a $65 million funding round as it seeks to expand upon its logistics capabilities.
STORD, which describes itself as a cloud supply chain company, has secured a $65 million funding round as it seeks to expand upon its logistics capabilities.
Last of major trucking companies to pick an autonomous technology partner, Volvo Group chooses Aurora after three years of quiet collaboration.
Chipotle reveals it has invested in self-driving vehicle startup Nuro as it looks at new ways consumers will engage with the brand.
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Autonomous trucking startup Plus is beginning production of Level 4 software this year as it works toward 10 billion miles of on-road testing.
Faxinating Solutions, an EDI provider that works with some of the largest shippers in North America and IBM, says it was the victim of a ransomware attack.
Intel’s Ravi Dosanjh and the Port of Long Beach’s Noel Hacegaba take on supply chain visibility.
Waymo is leveraging software lessons from its autonomous ride-hailing pilots to Class 8 trucks, applying fifth-generation software that debuted on a Jaguar.
In this Put That Coffee Down segment, Kevin Hill talks with Chris Hurst about why the freight and logistics sector is lagging, and why companies should fix that.
Labor groups tell DOT that automated vehicle policy should not be based on industry self-regulation.
Samsara announced Sue Bostrom as the latest strategic addition to the company’s board of directors.
The capital will drive volume growth and help Baton expand to new markets.
Turvo’s Luis Pajares explains why software that was traditionally optimized around a particular supply chain function needs to be reimagined from the 3PL customers’ perspective.
FourKites said it had a banner year in 2020 as more companies sought out the real-time supply chain visibility company.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
Automation will mitigate exposure created by process errors and duplication of efforts by integrating disparate systems.
Electronic payments provider Relay Payments announces Old Dominion Freight Line is the latest carrier to join its platform.
If many fleets procrastinate to avoid a disruptive transition, there could be a shortage of equipment.
FreightWaves Ratings is FreightWaves new review/rating site of commercial products for the freight industry.
MyCarrier is scaling a white-labeled LTL TMS with a unique distribution model.
Nuvocargo recently updated its platform to include bilingual tracking features and more visibility for cargo shipments in Mexico.
Load board adds more enterprise-level automation to its compliance offering.
Even as the relationship between Ryder and Chanje was hitting the rocks, Ryder continued to do new deals with the supplier of electric vehicles and touted its role in the company’s green plans.
Major Canadian trucking and warehousing company Groupe Robert is making a large investment to build Quebec’s first 3PL automated distribution center for fresh and frozen foods.
Wabtec, short line operator Genesee & Wyoming and Carnegie Mellon aim to establish public-private institute that would research, demonstrate and commercialize advanced freight rail technology.
The desire for supply chain software and technology that is tightly integrated and that works in tandem, through platforms and ecosystems, raises the specter of cybersecurity incidents that can very quickly metastasize.
The Future of Ports 2021 event will take place virtually on March 18th, 7 PM, UAE time/8AM PT time.
Refraction AI discovered many last-mile AVs used a sensor system known as LiDAR, which was causing bottlenecks in deploying these vehicles into the real world.
“Our goal at FreightFlows is to make near-term market predictions to help vessel owners, traders, brokers and charterers have much better decision-making power in the international freight markets today,” said CEO Matt Morgan.
SPAC acquisitions are cropping up with more frequency, and we can only expect more deals to go through in 2021.
Over the next few years, the team will continue to grow and Red seeks qualified applicants.
Beer maker Molson Coors warns that a systems outage brought on by a cyberattack is causing delays and disruptions to shipments.
XPO Logistics has embraced diversity, equity and inclusion in its workforce that is enhancing its culture, and leading to business success.
Visual LANSA combines the flexibility and control of traditional programming with the benefits of low-code solutions.
The Great North is taking the slow road on implementation
How should executives think about the combination of people and technology as they attempt to solve the problems they encounter daily in their companies’ supply chain operations?
Reload, Vorto’s new autonomous platform, could save companies more than $400 million per year while increasing sustainability.
Fluid Truck specializes in box trucks and cargo vans and focuses on last mile
Data Gumbo’s Andrew Bruce and Atlas Operating’s Yousuf Chaudhary shed light on how decision-making around lease operating expenses is affected by data.
Texas-based technology company ThoughtTrace demonstrates how its artificial intelligence-enabled platform can help companies better understand important documents, including contracts, during a rapid-fire demo at Evolve: The Next Evolution of Oil & Gas, presented by Digital Wildcatters and FreightWaves.
Keynoting an Evolve summit session, Dan Pickering and Scott Gale call for traditional, transitional energy players to meet in the middle.
It can be confusing for shippers to identify high-impact technology investments.
EQT CEO Toby Rice gave the keynote Wednesday for “Evolve: The Next Evolution of Oil & Gas,” a virtual event presented by Digital Wildcatters and FreightWaves.
As a love affair with electric vehicle companies fades, self-driving truck startups appear to be the new courtship objects of blank check companies.
“We are solving meaningful business challenges with innovation and passion,” says GreyOrange Chief People Officer Ramya Sampath Sharma.
Stockholm-based electric trucking company Einride conducted a survey to gain insights into women’s views on a career in the trucking industry and how technology and autonomy impact interest.
With expansion into both Asia and Europe, Cargobase expects to more than triple its revenues.
Innovators worldwide are finding new ways to simplify and disintermediate the execution layer of the supply chain.
Craig Fuller reasons that if “project44 is the Visa of the industrial world, then having the greatest acceptance and connectivity will be a major differentiating factor.”
PowerFleet’s LV-400 allows users to remotely monitor and make changes to the reefer trailer from their PC.
Amazon-backed Deliveroo announces plans to go public less than a year after British regulators questioned the viability of the business.
As Amazon continues to dominate e-commerce, major retailers are stepping up their investments hoping to benefit from shifting consumer demands.
“Ocean Insights has dominated the container-tracking space, and we look forward to providing the industry not only the best ocean capabilities but also the most comprehensive end-to-end visibility platform,” says project44 CEO Jett McCandless.
We are on the cusp of a golden age of technology-led innovation in supply chain.
Tim Adams invented We Care Safety Flaps to reduce “collateral damage” from accidents involving tractor-trailers.
The AAR released climate policy proposals encouraging partnerships and market solutions that promote competition and carbon capture, utilization and storage technology.
The asset-light warehouse startup will use the capital to expand its network, co-founder says.
U.S. rail operator CSX says it is investigating a “data security incident” after a ransomware gang appears to have leaked personal information of employees and retirees.
Evan Efstathiou discusses why VCs are looking to invest more in maritime just as shipowners are looking to partner more with startups.
The Global Secure Shipping project began after 9/11 when the government sought increased security at ports. This fireside chat explores the customs, weight, six-sided security and visibility benefits of smart containers.
This fireside chat about logistical trends in artificial intelligence and automation highlights a variety of misconceptions. “Almost immediate ROI” might be enough to steer logistics companies toward AI, said Kate Curtin, head of marketing at Deep Cognition.
Other athletes may look at sports-related or media-related investments. But Kelvin Beachum, an offensive tackle, is deep into tech startups.
Suvrat Joshi joins logistics software-as-a-service platform FarEye as chief product officer.
Supply chain digitization strategies impact shippers, carriers, 3PLs and consumers. Christian Piller, vice president of value engineering at project44, and Dolly Wagner-Wilkins, chief technology officer at Worldwide Express, discuss the benefits and challenges that digitization strategies bring.
“Ordering a truck in Poland is completely different than shipping something in Greece or Portugal.”
Life cycle management and recycling expert Lauren Roman dives into what it takes to responsibly recycle electric vehicle batteries.
In the oil patch, a significant share of logistics activity is highly repetitive. Blockchain can automate the payment processes.
FreightWaves is bringing back its in-person events this year with the F3: Future of Freight Festival in November, celebrating all things freight in a communitywide celebration throughout the city of Chattanooga.
Penn State professor Justin Goldston explains how technology such as blockchain can be used to create an ethical international supply chain.
Revolution Acceleration Acquisition, a special purpose acquisition company, combines with Berkshire Grey to tap into the red-hot industrial robotics market.
With recent financing from major fleets, TuSimple eschewed the blank check company frenzy to chart its own course to public trading.
The founder of autonomous driving company Locomation talks about the future of that technology and the challenges it needs to overcome to make significant progress in reaching its promise.
Several significant steps on the road to electric vehicles have occured just in the past few months.
Berkshire Grey, which provides AI-enabled integrated robotic solutions for the supply chain, will get $413 million in cash.
MOBI CEO Chris Ballinger highlights the vast potential to be derived from vehicle information on distributed ledgers under shared standards.
Rak-Joon Choi, a vice president with American Tire Distributors, explains how blockchain technology can bring more efficiency and transparency to tire distribution and the larger supply chain during a Global Supply Chain Week fireside chat.
It appears Google and J.B. Hunt envision that their joint effort will become an innovation platform to support the J.B. Hunt 360 marketplace.
Lower battery prices and extraordinary technological innovation will change the driving relationship forever, Ken Washington says during FreightWaves’ Global Supply Chain Week.
Trucking fleets that conduct only yearly reviews of driver records may miss signs of risky driver behavior that ultimately could put lives in jeopardy.
Redwood’s Eric Rempel and Mike Reed shed light on the digital freight platforms and tools that will transform how shippers plan and execute their routing guide strategy in 2021.
The Rochelle Park, New Jersey-based company posted revenue of $63.8 million during the fourth quarter, an 8% decline from the same period last year.
Controlant helped Iceland reduce its pharmaceutical waste to 0.5% after the H1N1 pandemic.
Certified B Corporation Flock Freight raises the bar with a commitment to offset carbon emissions from FlockDirect shipments for customers.
Koffie provides quotes based on individual truck characteristics within a day.
Industry expectations surrounding information access and transparency have grown. Qualified IT professionals are required to meet these new demands.
In his FreightWaves Global Supply Chain Week keynote, Intel’s Ravi Dosanjh said we need to embrace disruption and future change, learning to adapt and more effectively anticipate what those changes will be.
XPO is known as a digital broker that collaborates with its customers to develop innovative technologies.
Jeffrey Curtis, the vice president of defense and supply chain at Simba Chain, discusses the importance of auditability of defense supply chains.
Jason Coker, vice director of the Arnold Engineering Development Complex, chats with FreightWaves President George Abernathy about the efforts made to meet the growing demand for weapons systems technology and testing and the challenges space commercialization have presented.
“Constantly shifting consumer demand and supply shocks that are felt worldwide regularly throw supply chains out of balance.”
On-demand driver platform Haul has attracted a diverse group of investors as it looks to disrupt the CDL staffing industry.
Despite a last-minute pardon by former President Donald Trump in his criminal case, tech pioneer Anthony Levandowski’s legal woes continue after he was forced to file for bankruptcy protection on […]
Also on the podcast this week: The soaring price of diesel and the impact from the Texas cold snap
Using domestic reloads and street turns are among Blume Global’s strategies to reduce empty miles and emissions.
Combining Hunt’s data and Google’s tools will yield differentiated service offerings.
Ascend focuses on smaller carriers and shippers, which now will have greater visibility into what Uber Freight has to offer.
The warehouse robot maker sees strong growth as more businesses automate their fulfillment operations.
Autonomous vehicle startup Gatik has announced it will deploy electric trucks as part of its autonomous testing in New Orleans with partner Walmart.
Torc Robotics gets millions of gigabytes of data in testing self-driving trucks for Daimler AG. Now it wants Amazon Web Services to make faster sense of it.
Preeti Pande, the hydrogen solution provider’s chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.