The CEO and co-founder of cross-border digital freight marketplace Forager discusses the sometimes-tricky process of courting investors.
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.
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.
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.
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.
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.
FreightWaves today announced FreightWaves for Startups, a new initiative aimed at helping startup companies grow into successful organizations.
Certain types of business models are more attractive to venture capitalists.
Big win for ballot measure but it has no provisions that impact trucking
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.
“Regional carriers often step in to fill those critical gaps,” said Elizabeth Elkins.
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.
Initially, ITG’s impulse was to build its own IT infrastructure and software tools.
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.
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.
DispatchTrack optimizes routes and delivery schedules for its clients, which enhances their customer delivery experience.
Daimler Trucks continues to build out autonomous expertise with a partnership and investment in LiDAR maker Luminar
Envase Technologies platform will expand its presence in Canada with the acquisition of TMS provider Tailwind Transportation Software.
Onfleet, a San Francisco-based provider of delivery management software, announced on Friday it has raised $14 million in Series A.
Shippers that trust their technology also trust their technology provider. That’s why XPO’s Connect platform resonates with shippers.
Procurement teams would have to change strategies from being reactive to proactive to handle black swan events or global trade standoffs.
Autonomous trucking company Plus has filed its safety self-assessment report as concerns persist about the usefulness of the voluntary reports in determining the safety of a given self-driving system.
Its sale from a bankrupt firm complete, Rand rolls out new product, has been generating cash for more than a decade
TuSimple has secured property for a new logistics hub in an innovation zone located near the Fort Worth Alliance Airport.
Orbcomm Inc. reported a loss of $5.5M in its third quarter and a net loss of $0.07 per share. The company had revenue of $61.7M for the quarter.
Data Gumbo uses blockchain to automate transactions between buyers and sellers using a combination of data held by those parties and other third parties as verification.
The freight industry is inching closer to electrification and autonomy, and much of the action is taking place in the distribution yard. Among the beneficiaries is Outrider, a startup that […]
Logistics giant Ryder System has launched a venture fund targeting startups in supply chain and transportation tech.
Hivemapper, a crowdsourced mapping network, will expand its collection model to include capturing data via cars and trucks.
Company claims over 400,000 drivers and approximately 93,000 commercial vehicles will get relief from the waiver.
David Fisher’s 30 years of industry experience is expected to advance the university’s graduate program for transportation, logistics and supply chain executives.
Amazon gets the pick of the litter. Its latest hire is an American Airlines executive picked to run local terminals.
Two of the biggest names in trucking and autonomous vehicles to partner on Class 8 truck development and deployment
ABEJA has developed proprietary tools to ensure that its AI Consulting engagements do not metastasize into endless ordeals.
Svitzer, Alvys, Blue Ridge, Duluth Seaway and Bureau Veritas announce appointments.
While EDI is a standardized way of data transfer, API provides flexibility and allows companies to customize and call the data sets that they want whenever they want.
Automated storage and retrieval systems are making the move into cold-storage real estate.
“Inside the Four Walls of Cold Chain Mobility” was the topic of a virtual fireside chat at the FreightWaves Cold Chain Summit.
New tech, marketing and sales solutions augment Lean’s original back-office staffing service.
Large parcel carriers’ technology and transportation networks are buckling.
ZUUM brings shippers, brokers and carriers together to create synergy by resolving the fragmentation in technology adoption, data and capacity.
In assessing customer service in transportation, data is necessary but not sufficient.
The autonomous trucking company is moving toward commercialization of Level 3 trucks, with mass production to start next year.
Documents indicate company was in a financial bind before private equity company Teleo scooped it up
The self-driving vehicle company announces new leadership hires; claims 600 employees.
The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
TruckX has introduced a ruggedized wired ELD setup, which reduces the operational difficulties that come with using a bluetooth ELD solution.
The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from ocean carriers.
“Software platforms are no longer a luxury use, it’s a necessity,” said UTECH President and CEO Yuriy Nekrasov. “Carriers can no longer afford to wait before implementing technology.”
Push to capture small-business share of the B2B e-commerce market continues for Chinese giant.
Port Call Data Definitions guide is available for free download.
FreightWaves CEO Craig Fuller was interviewed for the podcast “The Business of Content.” Read highlights here.
Fleetpal is built on VMRS, the universal coding system, allowing it to track and segment equipment failure and operating costs efficiently.
Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.
While COVID-19 helped increase e-commerce sales volumes, retailers struggle to manage lengthening holiday season lead times.
Hybrid drivetrain maker Hyliion takes a preorder of up to 250 Hypertruck ERX systems from American Natural Gas, securing discounted fuel for Hyliion customers as well as new fueling stations near customer locations with no up-front costs.
Agility Robotics, a maker of legged, walking robots, announced Thursday the close of a $20 million investment to meet demand from logistics providers and e-commerce retailers. DCVC and Playground Global […]
Final rule streamlines launch and reentry requirements for burgeoning commercial space industry
Collaboration with Navistar allows Zonar customers to see OnCommand Connection vehicle data within its platform.
Fashion industry incumbents that have failed to adopt technology to strengthen their business models are at significant risk, particularly as the pandemic accelerates a number of trends.
Having the right technology and technology partner increases business intelligence that can help shippers navigate uncertain times.
With two more major carriers actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform
Torch’s technology creates an experience tailored to the needs of shipments under 550 miles.
Complicated transaction puts the valuation of the SaaS company at about $2.57 billion
Autonomous vehicle company Waymo provided a glimpse of its autonomous truck technology in a blog post this week, as the Alphabet-backed startup best known for self-driving passenger vehicles steps up […]
FlockFreight pools together LTL freight and ships it via shared truckloads in full truckload containers instead.
COVID’s disruptions have created an acute awareness of the need for innovation.
New product will combine Drivewyze communications systems with other data to provide warnings on a longer list of troubles up ahead
Austin-based FloorFound manages the return process of furniture, appliances and other oversize items.
Redwood Logistics on Tuesday announced it has added payment processing capabilities from TriumphPay. As Redwood’s primary payment partner, TriumphPay will handle all carrier payments, allowing trucking companies to manage their […]
GameAbove Capital takes equity stake in Pro-Tech Group’s patented technology for better utilization of empty railcars.
The top 25 freight forwarders are now only winning 30.5% of the freight they bid on, as opposed to their previous rate of 53.3%.
A look at how college English major Amy Davis navigates hydrogen fuel cells and other alternative energies at Cummins, the trucking industry’s top engine maker.
Saudi Arabia-based Tachyon joins the Blockchain in Transport Alliance.
The technology needs to be modular, meaning you can pick and choose how you want to instrument your fleet.
Denny Slagle retired as Volvo Group executive vice president and Mack Trucks president in 2018.
A ransomware gang has posted thousands of files after a cyberattack on Daseke, exposing truck drivers’ personal information.
Spirit Hub works on a direct-to-consumer (DTC) model and uses three-tier distribution to stay regulatory compliant and deliver directly to customers.
The U.S. Federal Maritime Commission will consider the French liner carrier’s relief petition to give it time to clean up its systems.
Container chassis management model in the U.S. challenges advancement of full-circle tracking technologies.
PowerFleet telematics will be deployed on more than 1,000 pieces of Ryder’s material-handling equipment at over 30 sites across North America.
Adopting the right technology is key to executing better communication.
AI startup Nauto claims to have saved fleets nearly $180 million in accident costs.
Brad Hildebrand discussed Cargill’s reliance on dependable rail service during FreightWaves Last Mile Logistics Summit.
Liftit co-founder Brian York on the challenges and opportunities of last-mile trucking in Latin America.
Kenco’s Jason Neal explains at the FreightWaves Last Mile Logistics Summit how this service requires drivers to also be resilient customer service representatives.
Fleet Enable by Imaginnovate is designed to optimize the difficult logistics of last-mile delivery.
The conversion of natural gas to electricity is not the secret sauce for Hyliion’s drivelines for heavy-duty hybrid trucks. It’s the software that efficiently manages the power.
Self-driving trucks will drastically cut down on the need for truck drivers, while also disrupting allied segments like insurance, fuel stations and truck stops.
By the time entrenched incumbents awaken to the threats posed by newly developed general purpose technologies (GPTs), a crop of challengers who had no option but to adopt the new GPT at the outset has become powerful enough to threaten the financial stability of an industry.
