Altana becomes FreightTech’s next unicorn after closing Series C
Altana closed on a $200 million investment Tuesday to accelerate its supply chain and risk management product development.
Altana closed on a $200 million investment Tuesday to accelerate its supply chain and risk management product development.
The partnership between FreightWaves SONAR and WeatherOptics will provide SONAR users with up-to-date information about environmental risks and weather impacts to their supply chains.
Kodiak Robotics is delaying commercial on-highway driverless trucks to focus on autonomy in the Permian Basin.
Lytx highlights fleet safety trends and outlines ways fleets can improve their safety and culture through data, reporting and driver coaching.
The Federal Motor Carrier Safety Administration announced Tuesday that ELDs from CTE-LOG ELD, ELD VOLT, Powertrucks ELD and TFM ELD were placed on the revoked devices list.
FreightTech hasn’t solved freight fraud, and regulators can’t figure out who is regulating it. Is there a solution?
Fleet fintech provider Coast lists a number of initiatives under its product road map.
As some factions of the freight industry are still experiencing fallout from Friday’s CrowdStrike disruption, experts are reminded that there is room for growth in securing supply chains.
While supply chains have adopted new technologies to optimize efficiency, we are seeing how impactful potential risks can be.
Kelly Williams of Trimble weighed in on where technology has helped or fallen short for people in the trucking sector.
CloudStrike and Microsoft have released troubleshooting solutions after a global tech outage disrupted business across several industries and grounded thousands of flights Friday morning.
A massive technology outage Friday morning caused widespread disruptions across industries around the globe, but it’s mostly business as usual at America’s ports.
James Taylor will take his second run at leading a commercial electric truck company as the new CEO of Bollinger Motors.
U.S. and Canadian railroads appear to be relatively unaffected by the global tech outage that grounded flights and disrupted businesses today, although Union Pacific and Canadian Pacific Kansas City were experiencing some computer issues.
This week: Alvys and Renaissant both close Series A’s, truck parking solutions unite and Leonard’s Express looks to optimize operations.
Tyler Harden give insights on how to keep up with maintenance in a way that is affordable and keeps roadways safe during this year’s Enterprise Fleet Summit.
Cummins Inc. an engine-maker and power distribution company will invest $150 million to convert about half of its manufacturing space in Columbus, Indiana. The announcement comes after the company was fined $1.675 billion for emissions violations.
After a number of dark horse wins on the 2024 list, FreightWaves has opened nominations for the FreightTech 2025 awards.
The digital trucking platform partners with CoVenture for up to $100 million in debt to accelerate its financial services.
This week: p44 offers eBOLs on all LTL shipments, ODeX moves into Singapore, Goodyear offers Tires-as-a-Service and AutoScheduler.AI raises funds.
Outpost releases new technology, combining both hardware and software, to improve commercial truck parking availability and security, as truck parking continues to be a significant problem in the U.S.
Northbound looks to expand its product development after raising $1.4 million in funds.
CargoX has launched its solution tailored to meet the electronic bill of lading standards of Korean container carrier HMM and the Digital Container Shipping Association.
This week, we showcase an innovative way to attack Japan’s logistics labor-shortage problems; Pepsi makes a new partnership in battery technology; and Walmart wins an award for its investment in technology.
Samsara’s chief product officer explains the importance of building strong partnerships with customers to lay the groundwork for future solutions.
Link Logistics has released a new case study detailing its Energy Solutions program, a model in which the firm owns tenants’ utility accounts and and passes savings along to tenants.
At Samsara’s user conference in Chicago, the company unveiled its latest tracking tool.
Zach Jecklin, chief information officer at Echo Global Logistics, spoke with FreightWaves about Echo’s pairing of people and technology and how it’s reshaping the industry.
After raising funds with Wischoff Ventures, Freightmate Ai launches its first automated tool for freight forwarders.
Uber Freight and Aurora Innovation have launched a subscription program making it easier for carriers in the Uber Freight network to invest in autonomous assets.
UPS announces it plans to sell its brokerage business to RXO.
Mark Picarello joined Craig Fuller to talk about how CargoWise is creating a landside logistics operating system through developing and expanding its current tech via partnerships, acquisitions, and integrations.
This week: Verified Carrier discusses its unique way of vetting carriers, Vecna Robotics closes its Series C, Truckstop vets industry pets and Nvidia has a new offering for industry tech providers.
A long-standing dispute between logistics technology providers ended with a $16 million payment from CargoSprint to PayCargo.
An Indiana trucking company that has filed for bankruptcy protection says a financing deal with a company providing the carrier factoring services is “critical” to continuing operations.
Waabi has raised $200 million in an oversubscribed Series B round, led by Uber and Khosla Ventures, the company announced. Waabi plans to launch fully driverless trucks in Texas by 2025.
Samsara preps for its community event Beyond to teach leaders how to leverage data to gain insight on their operations and foster success.
Technology startup Wiliot has launched a food-safety initiative using ambient IoT to provide more traceability in supply chains.
This week, training software for the DOD is serving the freight community; CargoSense closes its Series A; a trucking company adds autonomous offerings; and Truckstop.com hires a new CFO.
Semantic Visions’ Environmental, Social and Governance Index uses natural language processing to analyze media and evaluate companies’ sustainability, ethics and compliance.
Ship Angel announced its recent raise and new products at Plug and Play’s Silicon Valley Summit.
Descartes has completed its third acquisition of the year, acquiring BoxTop Technologies for $13 million.
The greatest tool in logistics is collaboration, which is now a necessity for the global supply chain.
Walmart will launch drone delivery in Dallas-Fort Worth this month, offering 30-minute delivery via their app, expanding their service to 1.8 million households with partners Zipline and Wing.
Nick Patrick, CEO of Radar, discusses how 3PLs and carriers can improve fleet management and consolidate vendors of software and devices for route optimization, driver tracking and location spoofing detection.
Tag-N-Trac recently unveiled its suite of updated IoT devices that include low-cost, disposable smart labels and tags, as well as its Relativity platform.
This week, Denim secures funds to continue scaling, OneRail acquires new tech and industry partnerships improve service offerings.
One of the leaders in adopting generative AI at C.H. Robinson used a variety of analogies to describe its capabilities.
Altana’s enhanced platform Value Chain Management System is designed to help customers track, identify and manage all the components of their supply chain.
FreightWaves, in collaboration with TriumphPay, announced the recipients of the prestigious 2024 Shipper of Choice awards on June 5.
SITA moves into maritime with its new brand, SmartSea. CEO Julian Panter gives an inside look at why he believes SmartSea’s model should be an industry standard.
The National Motor Freight Traffic Association urges the transportation industry to protect sensitive info by learning how to secure APIs.
Flexport is expanding the Convoy Platform to brokers, aiming to drive growth and efficiency for brokers and carriers.
OneRail has launched a solution to address in-transit problems that lead to lost inventory.
MythosAI is a startup that is looking to fix one “Stone Age” aspect of shipping, according to the company’s founder.
This week, Cover Whale raises $27.5 million, the Scheduling Standards Consortium adds a member and Magnus integrates with Trimble.
Cambridge Capital sees promise in helping retailers audit costs and invoices with Stat Recovery.
Three logistics companies share how they are working to reduce emissions and waste in their supply chains.
A newsier-than-typical Advanced Clean Transportation Expo featured the first appearance by Tesla and a single stage gathering of legacy OEMs.
FGN Global Logistics offers a “control tower” logistics management concept to bulk liquid shippers of both flexitanks and ISO tanks, which lowers transport costs and simplifies liquid supply chain management.
This week, collaboration becomes key, TruckParkingClub.com hits a milestone, and ex-Convoy engineers raise money for the spot market.
Uber Freight has officially entered its managed transportation era.
Bridging the AI gap in U.S.-Mexico trade is essential for trade growth, experts say.
Brock Johns, a leader in the world of transportation management systems, highlighted the need for “convergence” to increase supply chain efficiency.
This week: A Greek company raises $16 million to make vessel disbursement practices easier, Candor Expedite invests in cold chain technology and driver recruiters leverage AI in operations.
Stubbornly persistent silos in the supply chain wreak havoc. The most glaring disconnect shows between strategic supply chain planning and execution.
After gaining enterprise accounts, GoodShip is looking to accelerate its growth to improve its shipper-centric procurement platform.
At Manhattan Associates’ Momentum conference, a Google Cloud executive gave an overview of generative AI’s explosive growth in supply chains.
After hinting at a brokerage and managed services integration in its latest earnings report, Uber Freight has launched a spot market update to Uber Freight Exchange to combine its carrier and shipper networks.
The $284 billion automotive logistics market needs technologies that enhance supply chain visibility, experts say.
The U.S. is experiencing a powerful solar storm, with the potential to cause serious GPS problems. With the trucking industry’s reliance on technology, the impact to the industry could be significant.
This week, FreightVana offers a Visa card to its carrier network, SPS Commerce makes an acquisition and we review Symbotic’s Q1 results in the robotics space.
EBITDA losses at Uber Freight grew in the first quarter, but its president expressed strength in the company’s business model.
Lorus Byers, CEO of Carrier Intelligence, increases truck driver retention rates by targeting drivers who fit individual company culture, whether or not they are actively seeking a job.
FleetPulse has spun off from trailer OEM Great Dane and hired industry executives to lead the independent company.
RailState’s new $4 million investment will be used for the strategic expansion of the company’s network coverage, including along the U.S.-Mexico border, and product investments to provide customers with accurate, real-time rail network information.
AI software provider Paxafe looks to continue its strategic partnership strategy while expanding globally and building its sales team.
C.H. Robinson says it is using sophisticated AI tools to automate responses to emailed quote requests for thousands of customers.
U.S.-Mexico logistics startup Cargado has raised $6.8 million in seed funding to simplify cross-border logistics.
Supply chain technology provider Trimble’s first-quarter transportation and logistics revenue totaled $195 million.
Eliminating fragmentation in the supply chain is necessary for a resilient future, but it takes powerful collaboration between platforms.
The potential energy and environmental gains from autonomous trucking are laid out in a new white paper from Aurora Innovation.
In this edition of FreighTech Friday, Loadsure explains the risk of moving goods throughout Europe, and Kinaxis shares a report on shippers that are slow to react to supply chain disruptions.
FedEx has ordered 150 Blue Arc EV Trucks to add to its pickup and delivery fleet in the United States in an effort to reduce carbon emissions.
Amanda Schuier, strategic maintenance director at Jetco Delivery, highlights the unique challenge of engaging with and retaining truck drivers and diesel technicians.
SONAR, the leader in freight market intelligence, today announces the availability of flatbed pricing data directly within the user interface of its Market Dashboard+ application.
Fast fashion e-commerce giant Shein and retailer Forever 21 are the first brands to utilize UPS’ Happy Returns solution.
Glen Stewart, director of strategic programs at Wabash, discusses the company’s Trailers-as-a-service (TaaS) offering, which is designed to help increase asset uptime.
While supply chains remain uncertain, here’s how SONAR can help freight keep the status quo.
Shippers at constant risk of damaged freight, and often only recover a fraction of the value with carrier liability, says Echo Global Logistics SVP Molly Mangan.
Michael Kornhauser, sector vice president of transportation at Trimble, advocates for commercial navigation as an essential tool to keep drivers safe, legal and efficient on the job.
Adam Wingfield, founder of Innovative Logistics Group, speaks to how owner-operators can use evolving technology to their advantage to maximize profits.
Open-deck transportation marketplace EXO Freight closed its physical office in Chattanooga, Tennessee, and laid off most of its employees to focus on improving its technology for enterprise shippers and their managed services.
In the constantly changing world of last-mile delivery, it can no longer operate as a siloed operation from middle mile.
Analysts said Shein could help Flexport get a boost in volume and revenue that the firm has seen decreasing throughout the freight recession.
This week, Gartner wags a finger at project44’s path to profitability, Flowspace customers see promise in AI and the Digital Container Shipping Association gets a new member.
Drones offer various inventory management solutions, including audits, cycle counting and stock taking.
With so much data in supply chains today, it can be difficult to sort through it all to create a strong logistics industry. The need for standardization is now.
Autonomous trucking regulation is already a state-by-state issue. In California, it may become a community-by-community matter.
This week we explore Motive’s first user conference, a Latin American FreighTech company looking to expand into the U.S. and Banyan Technology expanding beyond LTL solutions.