Venture capital continues to flow into FreightTech startups
Supply chain-focused startups Sayari, TrusTrace, Cart.com and Kusari recently secured a combined $330 million in capital investments.
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.
Every time data has to be copied or rekeyed, the process slows down the supply chain and increases the risk of introducing errors.
Florida International University College of Business’s Dr. Maloney argues for a holistic, but not purely academic, understanding of supply chains.
Freight brokerage Convoy shut down in October. Carriers say the brokerage didn’t pay them for loads they completed.
The financial freezeout of startups by investors may be thawing as FOMU — the fear of messing up — begins to subside.
Reliable Robotics successfully tested its autopilot system with no one on board the Cessna cargo plane.
Solvento Audita streamlines payment processes for Mexican trucking entities, offering transparency through API integration and addressing tax regulations.
Yard automation will bring about significant improvements in how companies manage their transportation hubs, leading to streamlined operations, reduced costs and enhanced visibility.
Reelables says technology will eliminate the need for manual label scanning across the supply chain.
TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.
CloudTrucks CEO Tobenna Arodiogbu has announced that his company is exiting the factoring business and will be transitioning its current customers to RTS Financial in the coming weeks to focus on its core business offerings, Virtual Carrier and Flex.
Working under a U.S. Army contract, Kodiak Robotics showed a prototype of its light-duty autonomous application in a Ford F-150 pickup.
DAT advises users who suspect they have received a phishing email impersonating the load board to promptly contact the customer service department.
The electric grid holds more potential for electric truck charging than utilities currently allow. A big rethink is under way.
Echo Global Logistics’ EchoShip platform is transforming the partial truckload shipping landscape, offering unparalleled efficiency and cost-effectiveness for shippers and carriers.
Artificial intelligence will probably change everything about our lives. For truck drivers, it could wipe away their economic stability.
Talon Logistics CEO Emmanuel Carrillo emphasizes shippers should diversify their logistics networks and explore intermodal shipping in the new year.
Many fleet owners have become laser focused on moving away from diesel fuel, which accounts for the majority of greenhouse gas emissions in the sector. Heavy-duty electric trucks are poised to be one of the primary solutions to this issue.
The founder of Isometric Technologies describes the company’s goal of building the FICO score for freight.
Here are a few compelling reasons why retailers should make supply chain visibility a top priority, especially during the holiday peak season.
Israeli tech startups count on losing some employees to military reserve duty. Many more are called during wartime.
With the U.S. mostly saturated with weigh station bypass technology, Drivewyze snagged a rare opportunity for new growth in Canada.
Israeli cargo reservation platform Freightos is struggling to make money in a bad freight market and now faces the extra challenge of operating in the middle of a war zone.
Emtec Digital, a trusted technology partner for logistics companies, unveiled a groundbreaking platform that enhances productivity manifolds using RPA and AI tools.
At F3, Amazon Freight’s Rebecca Salt highlighted the company’s transition to a customer-focused, eco-efficient network.
In the rapidly evolving logistics industry, the integration of cutting-edge technologies into the TMS is proving to be a game-changing force. The trend is already revolutionizing productivity and reshaping freight logistics.
The DAT phishing site is almost identical to the DAT ONE site.
FlockDirect uses real-time data to pool freight for multiple customers going in the same direction. The solution effectively dismantles the physical hub-and-spoke constraints that have defined the supply chain for more than a century.
Torc Robotics has the autonomous truck nearly ready. Now comes the hard work of making a business from it.
Amazon Freight Partner’s ascent from a small initiative to a global logistics force is a testament to innovative strategies and a commitment to diversity.
While bankruptcies and layoffs have abounded in the logistics industry in 2023, there has been much more to the year than meets the eye.
Two leading execs at Estes Express, including an Estes family member, have presented a recap of the hack that took the LTL carrier mostly offline.
Nikola Corp. founder Trevor Milton is seeking probation instead of prison on his federal fraud convictions.
Employees air frustrations with company management after being let go on Teams.
Hyzon Motors is focused on launching its 200-kilowatt fuel cell for heavy trucks now that its legal problems are mostly resolved.
FourKites’ president is no longer with the company. He joined in April. The visibility platform announced other new leaders on Wednesday.
Fillogic leverages what it has coined “channel-free logistics,” a competing fulfillment model to the traditional omnichannel experience.
FreightWaves’ Rachel Premack spoke with OTR Solutions’ EVP Clayton Griffin about the current state of freight brokerages and the risk they pose to carriers.
FreightWaves’ F3: Future of Freight Festival was full of lively discussions of new technology in freight but also a movement to get back to the basics.
At the F3: Future of Freight Festival, strategic adviser Alan Gershenhorn explained how market changes are affecting different transport modes.
A fireside chat with Emerge CEO Andrew Leto discussed leadership, planning and resilience at FreightWaves’ F3: Future of Freight Festival.
FreightWise has acquired Kuebix from Trimble with the aim of creating one of the top transportation management system platforms in the country.
This year’s list saw a sizable shake-up, with 17 newcomers and a high number of mainstays being left off the FreightTech 25.
Greater speed is a highlight of the new interface for FreightWaves SONAR introduced at the F3: Future of Freight Festival in Chattanooga.
FreightWaves showcases SONAR flatbed data at the F3: Future of Freight Festival.
Venture capitalists have plenty of dry powder but they’re being choosier.
More than a dozen logistics firms have been recognized among North America’s fastest-growing companies.
Chattanooga, Tennessee-based FreightWaves has been named to Deloitte’s Technology Fast 500 list.
FreightWaves’ Innovation Alley at the Future of Freight Festival featured a demo by customer support automation platform Kodif.
Trucking technology company ConMet has acquired Truck Labs, whose aerodynamic TruckWings save 3%-6% on a fleet’s fuel bill.
DSI Assignments, which is overseeing the auction, is seeking a buyer for all of Slync’s platform assets.
Shippers have rebounded in Q4 2023 to once again be the most positive segment. Carriers and brokers have lost some of the steam that led to relative optimism in Q3.
FreightWaves is hosting its biggest event yet, F3: Future of Freight Festival, Nov. 7-9, packed with world-renowned speakers, educational sessions, music and more.
Innovation in freight goes beyond technology. While many major FreightTech companies have gone bankrupt, it does not mean that innovation is lacking or that every tech company is doomed to fail.
Who is leading, following, emerging or out of the game in autonomous trucking? Here’s an assessment of shifts among the players.
Flexport’s acquisition comes weeks after the venture-funded trucking startup closed down. Convoy has some 400,000 truck drivers in its network.
Aurora Innovation opened its Interstate 45 autonomous trucking route between Dallas and Houston as unease and criticism grow.
As large e-commerce businesses have raised consumer expectations, midsize and smaller logistics companies must keep up and provide the same on-time delivery, visibility and experience. When something goes wrong — and it often does — they must figure out how to adjust quickly by leveraging data from their supply chain.
As the industry recovers, keeping a “do more with less” mindset can enhance a company’s growth and help it prepare for the next downturn.
Greenscreens.ai’s Matthew Silver said with Capacity On Tap, “brokers get all their capacity sources in a single pane of glass without having to reenter data.”
Echo Global Logistics leverages a variety of intelligence capabilities to provide shippers and carriers with solutions that meet them where they are in their technology adoption journeys.
Flexport would hire a small team of Convoy employees and take on its technology stack. That could keep the trucking startup’s app functioning for customers.
A review of the state of SPAC-sponsored and other electrification startup shows a less-than-pretty picture.
Find out who the unsung FreightTech disrupters are and how they provide unique tools to help shippers.
Shippers and logistics service providers want and need to proactively manage their customers’ shipments, ensuring they keep cadence in line with delivery expectations. When something goes wrong in transit, this demands quick, timely notification from carriers so they can proactively reset expectations or enact contingency plans.
The ultra-buzzy trucking startup Convoy could have fixed trucking. Instead, it shut down suddenly to the shock of industry insiders.
This is CargoX’s second sizable partnership aimed at bringing more efficient import and export practices to global markets.
Convoy Inc. has found a buyer for its tech stack, which would include the digital freight company’s driver app and automated freight matching and pricing engines.
A company can “go through all your tests, due diligence, cyber resilience and everything, but if you don’t know what to do when something happens, then all bets are off,” IT exec Steve Hankel said during the Digital Solutions Conference.