Last-mile delivery is especially difficult for oversized items such as furniture, where retailers face challenges with rising customer expectations in speed, flexibility and quality.
The conference attracted over 2,000 industry players and largely revolved around the topics of Asian connectivity, the impact of trade tariffs, and technologies that are revolutionizing the logistics industry.
A Goldman Sachs report several months ago laid out the strengths of the app that matches loads, but does a lot more than that.
Penske Truck Leasing and UST Global combined on an accelerated IT training program that has seen 18 graduates move into jobs in Penske’s IT department.
Even though the Department of Energy’s reported diesel per gallon price has risen 27% since early 2017, carriers have seen their net fuel expense per mile remain largely neutral.
Ambrosus enables consumers and supply chain stakeholders to have better trust over the products they receive or consume, by using sensors that communicate to the blockchain.
Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25.
Resilience360 offers end-to-end supply chain risk management. The platform alerts customers about supply chain incidents globally and risks to their global supply chain in almost real time. It’s an ever-expanding market, and the company is well-positioned for continued data aggregation.
We would be hard pressed to find a more colorful and controversial company than Tesla, making it as high as number 3 on our Freight.Tech list.
E-scooter startup Lime is having problems with vehicles catching fire – a problem it attributes to the batteries produced by Ninebot. It also is hearing complaints of bikes breaking down, which it figures is a design flaw of all Okai-manufactured vehicles, leading to a mass recalls on the said bikes.
Shippers seeking visibility into their freight will find APIs provide an easier solution than legacy data interchange systems.
Emerge, a startup providing Private Freight Marketplace (PFM) and TMS, and striving to increase visibility into freight supply chains, has raised $20 million in a seed round led by Greycroft Partners.
There are no filings with the SEC that indicate the company purchased an actual trucking company, just some tweets and statements to Bloomberg.
Uber and Lyft saw a steady growth in revenue this quarter, as they continue to invest heavily in mobility sharing segments, with Uber forking out into food delivery and truck hauling segments as well.
By joining BiTA, Orange Business Services confirms its co-innovation approach with customers and partners to help enable the wide adoption of blockchain applications in digital supply chain solutions by standardizing developed use cases.
dexFreight founders Hector Hernandez and Rajat Rajbhandari want the supply chain community to realize that blockchain is for them.
The year 2018 has been a big one for Nikola Corporation, and investors continue to line up to support the hydrogen-electric truck startup. Next year might be even bigger.
SwanLeap tops another prestigious list recognizing the fastest-growing North American companies in technology, media, telecommunications, life sciences, and energy tech sectors based on percentage fiscal year revenue growth from 2014 to 2017.
Omnitracs would be leveraging Rubrik’s APIs to accelerate its journey towards digital transformation, with a reported 90% saving in time spent working on legacy solutions.
Hublock, a software solution based on data-sharing layer has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards relating to blockchain in the transportation/logistics/supply chain marketplace.
On Wednesday at the Texan Gaylord Resort and Convention Center, following MarketWaves18, members of the Blockchain in Transport Alliance (BiTA) met to receive updates on the organization’s progress toward data standards, hear announcements, share feedback, and learn about the work being done by BiTA’s think thanks.
Amazon came out on top according to the judges in FreightWaves’ Research Institute’s inaugural Freight.Tech 25, which identified the most disruptive and innovative companies in the freight space.
World’s largest container lines plan to look at emerging technologies as new options come to the market.
If you are a small fleet or an owner-operator, discounted products are often just a dream. J.B. Hunt is looking to change that.
BiTA member, Filament, demonstrated an important new product, and announced a major partnership this week.
Representing some of the most dynamic and disruptive technologies in the market today, demos from Shipwell, J.B. Hunt, Redwood Logistics, and Platform Science took top honors as they were voted Best in Show by MarketWaves18 attendees.
CargoX Smart B/L platform would be the first open and neutral blockchain platform in the shipping industry for real-world commercial use.
EPA is looking to update pollution regulations for commercial trucks after 20 years; oil prices fall to one-year lows; U.S. import levels have declined slightly across all major retail container ports.
An investor and startup founder talked about the health of the automotive industry, and how autonomous vehicle trends differ in the car and freight markets.
Penske Truck Leasing has added a major upgrade to its Penske Driver app, giving drivers the ability to quickly and easily call for roadside assistance without the need for a phone call.
From A to X, a wide range of honored companies.
New York and Crystal City the big winners, of course, but Music City will house e-retailer’s operations center for the eastern U.S.
The webinar is planned for 2 p.m. EST or 11 a.m. PST on Thursday, Nov. 15.
Blockchain solutions, improved interfaces, artificial intelligence and a tool for the intermodal business.
“It’s such a massive market. If you don’t stay focused, you’re going to die.”
Cutting-edge freight tech startups and innovators give an intimate live product demo on the latest technologies changing the industry in a second round of seven minute demonstrations.
The American Transportation Research Institute is asking fleets to contribute electronic logging device (ELD) data to the group so it can study how the data can assist the industry in terms of safety initiatives and regulatory focus.
Kirchner says Slync spent a lot of time learning the market and what their customers need before they built anything. Asking the questions first is critical.
Companies are increasingly being asked to pay for damages to equipment, even when they are not at fault, according to a national survey conducted by TCompanies.
XPO Logistics is rolling out four new LTL optimization technologies and has announced a fast-track and free process for military members and veterans to receive their CDL.
Marrying up an ELD with a video system isn’t the last step for bringing multiple technologies on to one platform.
Virgin Hyperloop One has a new CEO and chairman in the space of a week, with it now looking forward to commercialize and implement the world’s first hyperloop system in India.
The collaborative tech company announced more than 75% growth in the number of lane matches on its platform in the third quarter of 2018 while it also continues to onboard new companies.
Oil prices fall on the back of a possible supply glut; highly populated cities are fighting back to regulate traffic during peak hours; U.S. companies are finding it hard to continue working in Iran after the now-in-effect trade sanctions.
ZED Connect has announced that it is discontinuing its ZED-ELD product and offering current customers an opportunity to transition to the EZ-ELD from Stoneridge.
Founded in 2015, Avenger Logistics is growing so fast that, according to their estimates, they’ll crack Inc. 5000’s 2019 top ten in their first year of eligibility.
Since the launch of Ford Smart Mobility, Ford has been intent on gaining ground in alternate mobility with e-biking being an important segment. Apart from acquiring Spin, the company has also bought GoBike and has launched an e-bike service ‘Jelly’, across the Purdue University campus.
The list continues: what will be shown at Demo Day in Dallas this year?
The FreightWaves Research Institute will announce the winners of the Freight.Tech 25 next week at the MarketWaves18 conference at the Gaylord Texan Resort & Convention Center in Grapevine, Texas.
Computer vision startup Netradyne has recorded 100 million hours of driving data which would be analyzed by its AI deep learning tool to help drivers improve driving behavior and avoid incidents on the road.
New group floats alternative blockchain solution for container trade.
Under the partnership, My20 and GoLoad drivers with extra hours and capacity will receive critical Dock411 details before deciding to accept available loads.
A wide variety of solutions will be on display at DemoDay.
KeepTruckin has further expanded the utility of its fleet management platform with a new App Marketplace for customers to access solutions that easily integrate with KeepTruckin’s current platforms.
enVista, a leading global consulting and software solutions firm, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/freight marketplace.
Many of the industry’s inefficiencies are the result of a lack of transparency between stakeholders, which creates an inability to plan operations in advance. The pilot program is breaking barriers.
McKinsey, Goldman Sachs, Stifel Nicolaus, and Susquehanna are all in agreement that technology and data are critical for driving productivity in transportation and logistics companies. We survey recent research by the firms.
The global snapshot survey is based on interview data from 450 transport companies across Europe, the GCC and Asia, and reveals a number of fascinating insights.
Fleet Advantage, the truck fleet analytics company has added new features to its ATLAAS solution including customizable dashboards that allows real-time truck visibility and identifying when an assest becomes economically obsolete.
LiteLink Technologies Inc. (“LiteLink Tech”) (CSE::LLT) (FRA:C0B) (litelinktech.com), a leading blockchain enterprise solutions provider, announced today they have joined the Blockchain in Transport Alliance (BiTA).
New research outlines key perspectives that could help shape the geographic makeup of the Heartland.
Majority of the U.S. shale oil producers are showing negative cash flow in 2018; Subaru is recalling 400,000 cars due to faulty engine part; U.S. factory orders increase more than expected in September.
Deliverr is helping businesses ship products on ecommerce platforms with an Amazon-like fulfillment service.
The Drivewyze weigh in motion software will come built into Orbcomm devices. Separately, the company will launch a new free data analysis service for their customers.
In partnership with Reliance Partners …Still in its infancy, blockchain is increasingly being adopted by companies seeking data security solutions. Scroll is one such company.
Truck repairs are inevitable, but a new solution from Uptake that utilizes Geotab sensors and artificial intelligence aims to identify problems before they become extended downtime events.
XPO to roll out suite of I.T. improvements for LTL unit.
iLabX will be run in collaboration with L Marks, a corporate innovation specialist. The program will accept entries in four categories related to tech and transport.
An advanced “BOSS’ fulfillment model is ready for the holidays.
Optimal Dynamics uses AI and machine learning to assist fleets in finding loads a few days into the future, which would help carriers get ahead of their competition, as they could plan their network flow further in advance than usual.
A wide range of technological solutions for supply chains seeking efficiencies will be on display at MarketWaves near Dallas November 12-13.
While there are plenty of TMS systems out there, few to none have traction in the machine learning space.
Seeking to deliver cost-efficient solutions for fleets and take advantage of the new trend toward openness and convergence, SmartDrive Systems in collaboration with Geotab has introduced a new platform designed to lower costs and create a single point of connectivity.
Northern Block, a Toronto-based blockchain product venture shop, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace.
Spireon has new financial backing and a market that still has a lot of trailers without GPS tracking.
Drayage to be test bed as OTR market remains out of EV reach.
Trucker Path’s acquihire to end 2017 saved FreightTech from a hangover that might have made funding for other trucking startups difficult
The new tool will allow machine learning to accept and interpret counteroffers from carriers, and decide if they’re too high or just right.
When you consider all the implications of the service, it may be one of the biggest deals happening in the industry that you haven’t heard about.
Conduit’s goal is to help shippers save time, uncover price anomalies, and manage operational data.
Greenbriar Equity invests an undisclosed amount in Spireon, becoming its primary investor in the process. Spireon believes this partnership would help it with operational flexibility and in expanding its network across different verticals in the transportation sector.
KeepTruckin, a tech firm that offers fleet management solutions, based in San Francisco, has expanded operations in the Music City.
Uber Inc. has introduced ‘Clean Air Plan’ – a strategy that helps reduce air pollution in London by replacing Uber cars that run on gas with all-electric variants by 2025.
But lead agency for commercial vehicle safety says autonomous trucking will serve drivers well and make industry better.
The rapid growth in investment resembles the Fintech sector from 2006-10, but TransportTech is still an understudied and less well understood field for venture investment.
You heard it here first. An actual real-live truckload shipment has worked across supply chain stakeholders to create an industry-first: a shipment using blockchain.
Richard Branson, founder of the Virgin Group, as stepped down from being chairman of Virgin Hyperloop One, stating that the company needs a more “hands-on chair” to invest in its growth.
Sears was also a pioneer in all things omnichannel and what we now call last mile. Why did they fail to innovate this time around?
Supply chain software company E2open is in the process of acquiring the world’s largest neutral maritime network INTTRA, in its bid to expand its services to the ocean container industry.
Since its launch, Convoy has been innovating with technological solutions aimed at reinventing the way freight moves across the country. To help fulfill that mission, the company is now expanding beyond its Seattle, WA, roots to a second office located in Atlanta.
Uber Freight introduces three new features to its app, making it more customizable and intuitive, and helping drivers and carriers better manage their loads and time schedules.
The Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace, is pleased to announce that GTG Technology Group has joined the Alliance.
Incongruent payment cycles make it hard for low-credit businesses to fund their operations. BAM is a Fintech solution for the world’s oldest method of raising capital, factoring.
Europe’s largest port becomes the third in the region to start testing distributed ledger technology.
XPO Logistics was named to the Fortune Future 50 list of U.S. public companies while KeepTruckin and Transfix were both honored by Forbes as two companies likely to achieve unicorn status.
Trump government looks to phase out IMO2020 sulfur cap regulations; Shanghai Composite Index crashes by 3%; Amazon revisting cities for finalizing HQ2.
Uber Inc. has introduced Powerloop, an affiliate company to Uber Freight, which would rent out power-only trailers to carriers looking to grow their business and thereby ease the industry’s capacity crunch.
The FreightWaves Research Institute has announced the list of 55 voters who will be choosing the inaugural winners of the Freight.Tech 25 awards, and it’s who’s who of freight leaders.
The credit rating agency says that well-capitalized, risk-sharing joint ventures between incumbent automakers have the best chance of successfully bringing AV products to market safely and at scale.
Though blockchain is a technology with immense potential, there needs to be some commercial incentive for food supply chains to adopt it in its mainstream processes – the absence of which might let the technology remain constrained to pilot programs.
