Ford Trucks unveiled its new F-MAX tractor, boasting a high-performance engine with 500 PS, 2500 Nm and 400 kW of braking power. The tractor also has 6% higher fuel optimization over previous models, and delivers lower cost of ownership with 7% reduced maintenance costs.
Financial services still the main industry testing blockchains as technology promises to ease transactions. cropping
Volvo Trucks enters the electromobility age with FE and FL Electric truck variants and Vera, a fully autonomous electric truck concept that could redefine transportation within logistics hubs.
Artificial intelligence is a buzzword that has created a lot of hype in the transportation industry. But understanding the technology’s commercial utility is the need of the day.
Consumers are expecting brands to reduce unnecessary waste, source products responsibly, and use environmentally friendly transportation and logistics practices. Does this added pressure and complexity impact a company’s bottom line?
Able Freight Services, a leading global cold chain logistics provider with 25 years in business, today announced it has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation industry.
AirHelp was founded in 2013, and has helped more than seven million people worldwide to process airline compensation claims worth almost $930 million in total reimbursement.
We may have seen one of the most important legal decisions in the short life of cryptocurrencies. The precedent has been set that they can be regulated as securities.
Freightos raised an additional $44.4 million in a third round of funding, led by the Singapore Exchange, as it seeks to expand into risk management tools for container shipping.
Volvo Trucks has unveiled its concept autonomous electric vehicle that it believes could help create a more efficient and cleaner transportation network, while acting as a complement to existing solutions.
Karma Delivers is looking to the future of social impact collaboration in the logistics space, where a natural market need exists for technology firms to empower NGO’s and nonprofits with software donation programs and access to education resources.
Team Worldwide, a diversified global logistics provider that offers “best in class” logistics, freight forwarding, customs brokerage, truck transportation and other solutions for its customers around the globe, has joined the Blockchain in Transport Alliance (BiTA).
Beyond the Hours of Service rule that is under consideration for changes by the federal government, the introduction of the hard ELD rule has created several other less-publicized problems.
Getting participants to join the supply chain is “the number one challenge by far,” says Piscini. “We’ve created the platform to incentivize players across the industry.”
Goldman Sachs issued a report last week highlighting the risks to incumbent brokerages’ margins and market shares, with useful information about the brokerage landscape and recent developments in VC funding that have powered new entrants.
RTS is injecting technology into the archaic garbage industry processes, helping bring visibility and transparency into waste disposal and recycling.
“You have to have the human touch. It’s not robots. How do we take data and take the digital world and do something meaningful with it, do something human with it,” says Keith Mader, VP of analytics.
The improved efficiencies aimed at dispatchers and billing departments, should prove a boon for drivers too, and therefore is another shot at increased driver retention.
Ripe.io provides enterprise blockchain technology for the food and agriculture industry in an effort to create greater trust and transparency between food producers, contributors and consumers.
Freight Management Inc. (FMI), a certified veteran-owned and family-run technology- leveraged third-party logistics (3PL) provider, recently became a member of the Blockchain in Transport Alliance (BiTA).
Freight forwarding giant needed easy way to transmit container weight data.
One year after the U.S. House of Representatives passed the bipartisan SELF DRIVE Act, House Energy and Commerce Committee leaders called on the Senate to advance automated vehicle legislation.
“It’s not just about cars and satellites and cereal,” says CEO Lou Rassey. “It’s about feeding and empowering the world with the things we make. That’s the heart of Fast Radius.”
Which jobs in the trucking industry are most at risk to autonomous trucking, and what can we do to prepare?
One of the more powerful potentials of blockchain’s transparency and efficiency is through what consumers think of as returns, and industry participants refer to as reverse logistics.
Is there a way to protect consumers in the multi-billion dollar counterfeiting black market?
CargoX used a smart contract-powered bill of lading to reduce transfer and payment times to four minutes. FreightWaves spoke with CargoX’s CEO Stefan Kukman by phone.
Advent Intermodal Solutions (www.adventintermodal.com), a leader in information technology and cloud-based software solutions for port and terminal operators and landside logistics, has joined the Blockchain in Transportation Alliance (BiTA).
ITL, a Chicago-based company specializing in warehousing and logistics, recently became a member of the Blockchain in Transport Alliance (BiTA).
xChange is helping container lines reduce their dead miles, by providing them with one-way container moves or SOCs from 2500 locations across the world.
Wipro Limited, a leading global information technology, consulting and business process services company, has joined the Blockchain in Transport Alliance (BiTA).
The Blockchain Research Institute (BRI) and Blockchain in Transport Alliance (BiTA) today announced a new partnership to improve coordination, cooperation and governance within their respective memberships.
Offshore oil drilling across the East coast could end up destabilizing the fishing industry which brought in more than $500 million last year. Building offshore wind power farms could be a better alternative as it would keep the oceans clean while producing energy.
Drones may someday soon become a primary delivery method of last-mile, but they likely won’t be the only solution, as flexibility in methods will be key to successful delivery.
Private equity group Summit Partners has acquired cloud-based TMS provider MercuryGate, and wants to bring the platform to Europe after fixing implementation issues.
Consumer expectations with regard to last-mile delivery have been evolving rapidly, and businesses need to look towards technology to address those needs.
Just how a Deerfield, IL, company became so important to the industry is a long story that starts with the teletypewriter, a macaroni-twisting machine and its namesake and founder, Edward Kleinschmidt.
ELDs are one part of the overall telematics picture that fleets can utilize to greater efficiency, according to a new survey of fleets.
Ecommerce in Indonesia supports 4 million jobs today, with McKinsey expecting the number to reach 26 million in the next five years. All that the country needs right now is a strong logistics network and surplus skilled labor.
According to a survey by PwC, 84% of respondents are actively involved in blockchain. The Blockchain in Transport Alliance (BiTA) could be the industry’s answer to the ever-pressing question of standardization—after all, 45% of the survey’s respondents believe that the issue of trust could delay blockchain.
With a vision of bringing “trucks, trailers and goods online,” KeepTruckin continues to innovate and invest in technologies that improve the lives of drivers.
Maersk foresees a $2 billion increase in fuel costs due to sulfur-emissions cap; U.S. consumers might witness increase in car prices after U.S.-Mexico deal; Indonesia is seeing a tremendous growth in ecommerce; German car manufacturers are facing a battery production crisis.
Logistyx Technologies (www.logistyx.com), a leading developer of Transportation Management Execution™ shipping software, today announced it has joined the Blockchain in Transportation Alliance (BiTA).
Technology firms aim to ease process of managing multiple carriers in regional markets.
LaneAxis is looking to drive efficiency in the trucking network by using blockchain to help shippers connect directly with carriers without brokers or 3PLs.
After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).
China has toyed with the concept of bike-sharing but met with disastrous results due to an unsustainable business model and excessive dumping of bikes on the streets. The U.S. bike-sharing startups could take a leaf out of their book and improvise accordingly.
John Henry, director of sales for ZED Connect, explained to FreightWaves how the evolution of the company is developing to deliver vehicle data solutions centered around what its parent company Cummins knows best – engines.
This campaign seeks to increase transparency in programmatic ad buying and support the ways the company’s brands earn consumer attention.
The investment round values Uber at $72 billion, according to The Wall Street Journal.
Joe DeLorenzo, director of the Office of Enforcement and Compliance for FMCSA, went through some of the common problems the agency is seeing since the ELD mandate went into effect, and there have been plenty.
A staid and technology-averse industry is in the process of changing thanks to new entrants.
While technology startups have jumped into trucking with the latest and greatest solutions, the old guard, if you will, has not been sitting idly by. This week at the Great American Trucking Show in Dallas, C.H. Robinson is showing drivers its Navisphere apps and how they can help drivers and small fleets find freight success.
Ports of LA and Long Beach have reduced emissions by replacing diesel-run equipments with zero-emission engines; oil prices rise over signs of U.S. sanctions on Iran; warehousing workers salaries have seen good increases over the last three years.
Salesforce, the original SaaS unicorn and the world’s leading customer relationship management platform, announced that it has joined the Blockchain in Transport Alliance.
Sharelogis Trade Services China Ltd, the leading China-based provider of logistics services and supply chain solutions, announced that it has joined the Blockchain in Transport Alliance.
The concept involves storing a multitude of various types of data within a distributed ledger network, including information about a given package’s destination, its movement and transportation plans for shipment units.
Uber Freight continues to gain scale as the company doubles-down on the business
By offering truck drivers and dock workers micropayments to upload data to the blockchain, Fr8 Network is changing the calculus of technology adoption and pushing the transportation industry forward.
As real estate prices are over the roof, the number of people willing to enter the housing market is at a record high. The mismatch needs to be addressed – possibly by better zonal regulations and technology injection in construction methods.
A mileage-based user fee pilot program using Azuga technology is helping to prove the viability of mileage-based vehicle taxes.
Once blockchain technology reaches a tipping point—with or without tokens—there should be another infusion of funding in the digital ad startup space and, as a result, innovation.
Maersk plans to make extra capacity available to shippers on NYSHEX
Slync, an intelligent platform redefining multi-party interaction, automation, and collaboration throughout the supply chain , has agreed to a multi-year partnership with FreightWaves, the leading data and content source for the freight market.
Serve.io has developed technology protocols using blockchain, which it believes can inject transparency in supply chains and cut out middle-men and exorbitant platform fees within the system.
Cashflow Corner presented by TriumphPay …If you are a smaller company – be it a carrier, owner-operator, broker or shipper – are you really safe from a cyberattack? Here’s what you can do to protect yourself.
The starting left tackle for the Jets has invested in FreightWaves, part of a large technology-oriented portfolio.
Maersk Line chief executive Soren Skou says ocean carriers need to make the customer experience easier.
Freight.Tech Waves InnovationLab is tailor made to provide early-stage startups a high impact and concentrated exposure about the knowledge, network, and funding source.
Microsoft and IBM’s enterprise blockchain projects consume a lot of media bandwidth, but there is more exciting and ambitious work being done in transport and logistics by a thriving community of startups.
SwanLeap has shown an unprecedented 75,660.8% revenue growth over the past three years catapulting the software company to the number one spot.
The swiftness of last-mile delivery is what separates e-commerce brands from each other, and technology adoption would go a long way in optimizing their supply chains.
53% of the survey respondents had never heard of blockchain before, with only 18% able to correctly identify what the technology actually is.
Toyota has unveiled its second-generation hydrogen-electric truck, which builds upon the success of the first model that has been hauling live loads in the Ports of Los Angeles and Long Beach.
The growth for Walmart was strong across the board, but ecommerce and groceries were key contributors.
Global sugar prices fall over record production and decreasing demand; oil squeeze looks to be inevitable; Walmart’s size might not help much if prices keep increasing and trucking market remains tight.
WiseTech CEO Richard White’s consolidation moves continue with intermodal specialist Trinium.
Uber Inc. has witnessed a largely satisfactory quarter this year, with it continuing its expansion across different markets and venturing into new territories like food-delivery and scooter-sharing.
How can something as simple as a little public shuttle, shuttling less than two miles back and forth, get complicated? When it’s an autonomous shuttle.
Cargomatic aims to connect short-haul drivers to shippers seamlessly.
FMCSA has agreed to implement a series of actions as it works toward the possible implementation of a more data-driven to identifying at-risk carriers for intervention.
Electric vehicle technology and autonomous. So much excitement; so much investment. Here are the three essential takeaways the report offers for industry stakeholders.
JP and Zach Strickland were at the McLeod CFO conference at the Westin in Nashville. We sat down with BiTA Managing Director and co-founder (and FreightWaves CEO!) Craig Fuller and McLeod’s VP of Special Projects Ken Craig, also a BiTA cofounder, to talk about the history of the Blockchain in Transport Alliance. We talk about technology alliances, intellectual property, data standards, and, of course, the promise of blockchain.
Auto cybersecurity, legislation backing, and concrete liability definitions are all critical to seeing autonomous vehicles on the roads.
Blue Horseshoe, a global software and services firm specializing in supply chain and logistics, has joined the Blockchain in Transportation Alliance (BiTA).
While pie-in-the-sky dreams of utopian smart cities fill the media waves, we wondered about what a smart city would mean for commercial transportation and the supply chain.
Land O’Lakes is moving Purina Feed loads via the Uber Freight app along several lanes, including one in Texas where 100% of the loads are posted to the app.
Chinese oil and PNG demand is hitting the roof; EU is interested in buying U.S. PNG supply; trade tariffs on China might end up increasing cost of fish in the U.S.
In today’s pickup: is there too much focus on OR? Also, Old Dominion had a solid July, and there’s a proposal for a new interstate highway.
Ultimately, the winner of the e-commerce battle, whether groceries or the greater retail one, will come down to which company better understands human behavior.
Workhorse Group, a technology company focused on offering sustainable mobility solutions, announced a new public offering of its common stock to raise additional funds as it works towards profitability.
World’s largest shipping company and information tech giant aim for frictionless trade with TradeLens
Fergus Caldicott, long-term DAT executive and VP of Technology has been appointed to the role of Chief Operating Officer at FreightWaves.
The city of Cupertino is looking towards hyperloop to reduce its woes with regard to transportation. Apple Inc., the biggest presence in the city might help.
Uber shut down its self-driving truck platform last week but promised in an exclusive interview with FreightWaves that Uber Freight was not going anywhere. Today, the company has not only confirmed that promise, but it has doubled down on the future of Uber Freight.
In the last few weeks, Volkswagen AG has been fined $1.2 billion by a German court over its Dieselgate scandal and is now looking at recalling 124,000 vehicles as it discovered the presence of cadmium in chargers of its electric car variants.
Omnichain Solutions (Omnichain), a supply chain technology startup that leverages the power of Blockchain, announces it has joined the Blockchain in Transport Alliance (BiTA).
Becoming a smart city is not a goal but a means to an end. The point is about the people, and no one wants to be left behind when everyone is doing it.
Waymo is partnering with Valley Metro, a public transportation authority in Arizona, to shuttle people to and from public transportation stops via autonomous cars – thus planting its feet firmly in the race to put self-driving vehicles on the road.
MercuryGate International, Inc., a leading provider of transportation management system (TMS) solutions, announced today that the company has joined the Blockchain in Transport Alliance.
