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.
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.
