Technology

We may be months away from a national market shift, but the time to start planning for it is now.

Stord’s purchase of ProPack Logistics grows the company’s fulfillment centers to 1.6 million square feet.

Over the past several years, the logistics industry has been propelled into the digital age by a powerful combination of consumer expectations, government regulations and technological innovations. Some companies have […]

As disruption after disruption throws transportation leaders for a loop, how are we still able to keep supply chains moving?

The delivery of SONAR data within Loadsmart’s TMS will provide users direct access to market-level tender and rate data in an application they already use daily.

The company last announced its Series C raise in 2022, led by SoftBank Vision Fund 2 for $115 million, valuing the company at $575 million. Platform Science has raised $309 million since 2017.

The dynamic nature of logistics calls for a new method of negotiating rates, through real-time data and automation.

Here are four innovative companies FreightWaves was introduced to at the Mid-America Trucking Show in Louisville, Kentucky.

Uber Freight has brought on talent with decades of experience from C.H. Robinson, Amazon and Walmart.

Sheer Logistics’ acquisition of CargoBarn is aimed at strengthening the company’s position in anticipation of market fluctuations.

New technology and processes in supply chains have helped make the industry more resilient — but not enough to withstand every possible disruption.

Over the past five quarters, Blue Yonder has spent over $1 billion in supply chain acquisitions, including Doddle and Flexis AG.

Here is the weekly rundown of FreightTech news you may have missed

FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”

Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass.

Colorado State University researchers say ELDs are vulnerable to “truck-to-truck worms,” self-replicating malware that spreads across a network.

In today’s FreightTech Friday roundup, we explore Transportation One’s new tech, a Truckstop survey on carrier sentiment and a recent round of funding.

While the logistics industry as a whole needs data standardization for greater efficiency, it faces specific challenges when compared to other industries.

In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.

Uber Freight’s Powerloop offering has served more than 220,000 loads using over 10,000 carriers. Powerloop saw a 43% increase in power-only load volume in 2023.

Pandemic-related port congestion spurred the Department of Transportation’s creation of the Freight Logistics Optimization Works data-sharing platform.

Discover how Giovanni Gubbels, founder of CtrlChain, is revolutionizing the logistics industry by enhancing collaboration and optimizing capacity through digital transformation.

Friday saw a pivotal shift for Flock Freight as the company opted to downsize its workforce by 54 individuals, a strategic decision aimed at realigning the company’s trajectory towards profitability.

After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle […]

Today’s FreightTech roundup takes a look at HEALE Labs’ goal to improve data sharing with digital currency, PrincetonTMX’s partnership with Loop and other highlights of the week.

A study by last-mile solutions provider OneRail addresses retailers’ concerns about diversifying delivery networks and highlights strategies such as leveraging technology for strategic planning.

Newly launched LocusHub lets warehouse managers customize autonomous mobile robots’ workflow routes, forecast staffing and orders with machine learning, and pinpoint bottlenecks.

Navistar has announced it will partner with Plus to integrate its autonomous driving technology into Navistar’s vehicles.

Uber Freight has set a goal to acquire over $2 billion in freight under management in Europe by 2028.

LG Business Solutions USA will unveil its family of autonomous mobile robots at industry trade show MODEX in Atlanta.

BlueGrace plans to integrate Evos into its BlueShip platform for real-time optimization and will sell the SaaS platform as a stand-alone product.

Walter Mitchell, CEO of Tai Software, explains where freight brokerages can leverage AI to better their business and how the second phase of TMS calls for great sophistication.

While an uptick in the market might be coming for freight, it will still be challenging. Repowr’s chief of staff explains how having access to trailer sharing can help.

Transfix’s new feature aims to streamline logistics for small and midsize businesses by addressing manual processes and securing competitive rates, in line with an integrated marketplace approach.

John Stauffer, co-founder and COO of Isometric Technologies, explains how data can provide a competitive advantage — if handled correctly.

As technology continues to evolve, the pressure on data science teams for 3PLs will only grow. Siloed platforms and fragmentation in the industry are apparent.

Implementing FreightTech solutions requires understanding business needs, selecting partners that support users, capturing internal data and ensuring scalability.

Supply chain technology cannot be siloed or fragmented to operate in today’s supply chain. This is what you need to know for the rest of 2024.

The Sisters of the Road photo collection highlights female truckers’ struggles and improvements needed for industry equality.

FreightWaves SONAR announces a new iteration to its Lane Scores feature.

Electronic freight booking and data company Freightos says a virtuous cycle of growth will enable it to become profitable within a few years.

Seattle-based OpenTug says it serviced over 3 million tons of marine cargo across 25,000 miles of U.S. marine highways in 2023.

Isometric Technologies announced the winners of its third annual service excellence awards.

Documentation and fintech platform ODeX conducted a survey assessing the maritime industry’s views on digital documentation in ocean shipping.

Business and supply chains are always influenced by changes in presidential leadership. But what will this upcoming election mean?

AT&T’s widespread outages are causing connectivity disruptions for major transportation tech providers. Here are some platforms experiencing issues and how it impacts the industry.

CloudTrucks has purchased Shipwell’s brokerage, and Shipwell plans to focus on its SaaS offering.

FreightWaves SONAR and Trucker Tools have added real-time flatbed rates into the Trucker Tools Smart Load Board.

Digital freight marketplace CDL 1000 has acquired Next Trucking after the latter announced in June it was looking for new funding.

C.H. Robinson’s newly unveiled touchless appointments will automate manual scheduling tasks.

Bestpass and Geotab are collaborating to provide mutual customers greater insights into toll violations and costs.

OTR Solutions announced its acquisition of Epay Manager to enhance its fintech products with a distinctive audit-proof invoicing system.

With FreightWaves SONAR data integrated and available within the transportation planning features of e2open’s TMS, shippers will be able to reference the most up-to-date rate data in the industry as they make short-term and long-term planning decisions.

Uber Freight plans to make its API publicly available for scheduling in the second half of the year.

The arcade game Whac-A-Mole describes state-by-state approach to rules of the driverless road while 50-state solution appears far off.

Midsize companies must strategically position themselves through organic growth, acquisitions or partnerships to thrive in a changing landscape, with the market expected to reach $8 billion by 2030.

Regulations continue to reshape industries in 2024. For warehousing, new environmental, labor and safety policies will require new strategies and technology adoption.

This feature empowers GoodShip’s shippers to craft personalized constraints, aligning with supply chain goals for optimal, strategic procurement decisions.

Rail is often characterized as one of the more “old school” transportation options, but recent developments in the space have challenged that narrative.

Supply chain visibility provider Vizion is partnering with D&B to launch its new solution, TradeView.

Digital freight forwarder Flexport reportedly may let go of a large part of its staff after closing on $260 million in funding from Shopify.

Semi-trucks are getting better at monitoring what drivers do and, frankly, driving themselves. Truckers are understandably concerned. 

The undisclosed investment will support Optym’s enhance of transportation optimization solutions.

Ryder System is leasing space at a Houston maintenance facility to Kodiak Robotics for driverless truck operations.

Matt Silver launches US-Mexico logistics startup Cargado with $3 million in pre-seed funding.

Shippers’ mood has been buoyed by positive economic prospects for the U.S., while brokers and carriers are encouraged by a possible market shift.

Visibility providers project44 and FourKites take their defamation fight to the Illinois Supreme Court.

Flexport CEO Ryan Petersen on Friday announced the company has raised $260 million from shareholder and e-commerce provider Shopify.

Supply chain-focused startups Sayari, TrusTrace, Cart.com and Kusari recently secured a combined $330 million in capital investments.

One-time autonomous trucking leader TuSimple took the next step in its pullout from the U.S. market by voluntarily delisting from the Nasdaq.

ITS Logistics is entering this digital arena with its container management and visibility platform ContainerAI.

Brad Jacobs’ new book, “How to Make a Few Billion Dollars,” is filled with lessons for transportation entrepreneurs.

At the big National Retail Federation meeting in New York, a daylong discussion on supply chains looked back on the craziness and ahead to a bold future.

Echo will leverage Navix’s ecosystem of billing data to automate its freight-auditing capabilities.

FreightWaves spoke with experts from across the supply chain about technology lessons learned in 2023 and what strategies will succeed in 2024.

Florida International University College of Business’s Dr. Patrucco teaches novel approaches to buyer-supplier relationships.

Ree Automotive’s Class 5 delivery van is the first to eliminate mechanical linkages for steering, braking and driving.

Will Urban has joined the board of LuckyTruck, a company that uses historical truck data and automation to provide an insurance management platform.

Middle-mile autonomous trucking leader Gatik is benefitting from additional technology advancements in its collaboration with Goodyear.

Craig Fuller, CEO and founder of FreightWaves, has joined the board of directors of Repowr, a Chattanooga-based FreightTech company pioneering the largest commercial trailer marketplace in North America.

Kodiak Robotics showed its 6th-generation autonomous truck that will begin hauling freight without a driver in Texas later this year.

Nikola is finally putting its fuel cell electric truck in the hands of retail customers like Bill Hall of Coyote Container.

Aurora Innovation has frozen the designs for its Aurora Driver hardware that German supplier Continental will build.

Echo’s Frank Hurst spoke with FreightWaves about how the recent Roadtex acquisition has changed reefer LTL.

“It is no longer grow at all costs. We must be more efficient with our resources and cognizant of your overhead,” says Zelh’s Jeff Ogren

The next year could be fraught with disruption but investment in logistics technology is likely to continue.

HaulerHub’s Sam Agyemang and Sagar Sudhir unveiled strategies to streamline operations and enhance security in U.S. trucking.

Parallel Systems recently gave a public demonstration of how its autonomous rail vehicle technology works.

Three companies departed autonomous trucking in 2023 as Aurora Innovation, Kodiak Robotics and Torc Robotics staked leadership claims.

Florida International University College of Business’ Michael White brings his executive wisdom to the classroom.

The new CEO of C.H. Robinson has never led a freight brokerage. His beginner’s mind might be what the beleaguered company needs. 

It is unclear whether the reduction in emissions is a result of a genuine effort to mitigate environmental impact or a consequence of market dynamics.

A look at how the key to success in the supply chain industry is picking the right partner.

Rail technology provider Wabtec is joining forces with Dutch company Intermodal Telematics to create telematics technology for rail cars.

The move included the departure of a key executive, Glenn Koepke, vice president of strategy.

“It’s a more challenging market now, so we want founders who are going to be able to grind,” says Autotech Ventures’ Todd Fowler.

Turvo has helped Reibus Logistics break into the world of supply chain — thanks to new technology offerings.

Walter “Mitch” Mitchell, CEO of Tai Software, urges freight brokers to build their businesses in areas that benefit customers before deciding whether to buy or build a TMS platform.

Technology plays an increasingly large role in how supply chains operate and has created a sea change for the industry.

Terminal’s founders, CEO Raghav Midha and CTO Connor Giles, bonded through a passion for fintech and trucking.