Technology

Hyperloop is just one of the technologies that is looking to change the way goods and people move over the next 30 years.

Schneider National’s Shaleen Devgun joins San Francisco-based venture capital firm 8VC as an advisor. FreightWaves spoke to Devgun and 8VC co-founder and partner Jake Medwell by phone.

BiTA is opening an office in Singapore to cater to the Asian and Oceanian market, building on its recent membership success in the region.

Shipware’s proprietary technology audits weekly carrier invoices to recover refunds on all billing errors, ensuring proactive compliance of contract rates and terms, as well as on-time service performance.

No longer just a tire company, Michelin is quickly becoming a “solutions” company as it positions itself as a business its customers can rely on regardless of their needs.

Given just 3 minutes to make their pitch and an additional 2 minutes to answer judges’ questions, 15 startup companies did their best to show judges at the Movin’ On conference why their solutions will change the market.

For widespread data openness and implementation, it is essential to develop data standards that are mindful of the collective interests of all the stakeholders in the freight industry.

In case you missed it, we’ve compiled some of the highlights from Transparency18 into one Infographic.

Oil prices have stabilized after a month of volatility, but Iran pulling out of the nuclear deal is still a possibility, as European oil companies and banks are unwilling to buy oil from the country in the wake of perceived sanctions.

According to experts, platooning is a “now” technology ready for commercial operations, but there is still some resistance and operational challenges that must be overcome.

The future of mobility is going to require government regulation, according to panelists at the opening session of the Movin’ On by Michelin conference in Montreal.

Turns out, of blockchain’s many potential (and developing) applications, few could be as game-changing as what it would mean for the food industry.

Shippo has launched a new workflow feature that help customers optimize their operations and thereby reduce time spent on deciding their shipping options.

Everyone sees the market as strong and staying that way, but are there other headwinds in the trucking sector?

Tranzlogix, a technology solutions company for the transport industry, has joined BiTA.

Drivers are changing their behavior to maximize their hours on the road, according to FreightWaves’ proprietary SONAR platform

Cashflow Corner presented by TriumphPay …If your ELD provider suddenly shuts down service and goes out of business, do you know what to do?

What does it mean to be a technology company today, and how do you anticipate changes and prepare to scale?

There are technology solutions out there for the smaller carriers, but they may be expensive or not designed for the littler guys.

The telematics revolution is creating a vast data lake, but now the industry has to figure out how to navigate it.

The current capacity crunch has been a significant issue in the trucking industry since last year. Many things will need to change in order to resolve the squeeze, but discussions throughout Transparency18 highlighted technology’s role.

Investors are flocking to the freight industry with million-dollar investments for startups, but what do those investors look for in companies before making an investment?

An analyst summarizes a talk on digital brokerage, a truckers’ strike in Iran, and the prospects for ELD legislation.

From parking to accident prediction, the vision is that the controversial machines are throwing off data that can be used by truckers in other applications.

ShipChain, a startup hoping to integrate global shipping logistics on the blockchain, has been hit with a cease-and-desist order from the Securities Division of the South Carolina Attorney General’s Office. The order regards the $30M presale of the company’s token, SHIP, which ended in January 2018.

The General Data Protection Regulation (GDPR) is a data privacy law coming into force in Europe, that addresses the export of personal data outside the EU and EEA – putting businesses that process personal data of EU citizens in a sticky situation.

The logistics sector faces immense pressure—to be better, faster, and less expensive. A significant amount of pressure has been applied to nearly all industries by disruptive conglomerate Amazon, which has single-handedly changed expectations of consumers everywhere.

Don Tapscott offered a bold, near-utopian vision of the transformation that blockchain will bring to the global economy and the nature of the corporation itself.

The curtains are coming down on the U.S.-China trade war, but all might not be well for the U.S., as the U.S. IP predation by Chinese companies seem to continue unabated.

Norfolk Southern (NYSE: NSC) today announced it has joined the Blockchain in Transport Alliance.

Everything has a supply chain if you think about it. How we make, design, and deliver is changing.

In times of mass disruption, it is often only after industry emerges out the other side that it realizes it’s been disrupted.

ATA’s Truck Tonnage Index has risen by 2.2% this month after a minor dip in March, and is 9.5% higher year-on-year, indicating a surging freight market.

Vnomics is changing the way fleets look at fuel efficiency by leveraging connected sensors, machine learning, and data modeling to automatically deliver actionable and meaningful insights on fuel efficiency.

Demo day session 3 are digital companies providing real solutions in the logistics space.

The final session of Demo Day on Tuesday at FreightWaves’ Transparency18 conference did not disappoint, building on the success of the first three sessions and closing out the day, which ended with a BBQ sponsored by Triumph and a performance from the Emerald City band for attendees.

If there was one obvious theme of the second demo period at FreightWaves’ Transparency18 event on Tuesday, it was blockchain. Six of the nine presenters in the session demonstrated solutions that involved blockchain technology.

The first round of technology demonstrations at Transparency18 shared a common theme of integrated disparate systems, data formats, and devices. It’s clear that the action in freight tech has shifted to aggregating and analyzing data, not simply generating it.

FreightWaves announced the launch of Sonar, its SaaS platform for freight market data. Michael Vincent, EVP of FreightWaves, demonstrated the product at Transparency18 in Atlanta.

Startups and incumbents at the demos today are building transparency into their products. Historically freight has been very opaque. The change is emerging here and now.

HCL Technologies, a leading global technology company, today announced it has joined the BiTA.

Unemployment rate across the U.S. has fallen below 4% and is creating problems for recruiting and retaining skilled labor in the logistics industry.

Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry.

Less than one week after announcing it was selling many of its business entities to TruckThat, One20 has said it will cease supporting its electronic logging device (ELD) as of June 18, 2018.

Obtaining data that is both clean and usable remains a challenge for the industry, one that blockchain is promising to solve.

We may not have seen full-scale industrialization with blockchain applications just yet, but we’re not in the early days anymore. Big change is coming.

As blockchain technology works its way into the transportation ecosystem, there is remains plenty to learn about its potential, but its success will depend on multiple parties working together.

Smart contracts will lower the labor costs—and thus the price—of receivables factoring, but don’t expect same-day payments because the technology won’t change fundamental capital requirements, says Triumph’s Jordan Graft.

The top managers in the space are acknowledging that cryptos are a thing, but just how much of your net wealth should you put into them?

BiTA announced it would be forming Think Tanks to help identify industry pain points that blockchain could help solve. The Alliance also said the first BiTA Standards should be out before the end of 2018.

The new Blockchain in Supply Chain Alliance (BiSCA) is designed to meet the needs of supply chain participants looking for education and guidance on the development of blockchain standards.

Intelligent Audit will demonstrate Intellichain, an end-to-end payment verification and processing blockchain for the transportation and logistics industries on Tuesday at Transparency18.

In the wake of the House Appropriations Committee allocating just $250 million for port projects, the AAPA is demanding additional funding from the government, to keep up with the spike in growth of multimodal freight.

Scroll Network announced its affiliation with the Blockchain in Transport Alliance (BiTA).

Blockchain systems, to have an impact, will need to speak to each other. Standards are needed to make that happen.

Amazon has been in talks with major hospitals across the U.S. to look into the possibilities of venturing into the healthcare supply chain.

Target’s Restock program is a direct competitor to Amazon Prime Pantry, and now the retailer is rolling out the program nationally with free shipping and next-day delivery for all Redcard purchases.

As the trucking industry continues to broadly install and learn to use the ELDs, there are beginning to be large disparities in the way the devices are impacting capacity via mode.

For some customers in the Cincinnati area, their packages are now being dropped on their doorsteps – literally.

CoLoadX is a shipping marketplace that helps freight forwarders and NVOCCs in finding better quotes, routing options, and in executing transactions faster.

Oil prices could go over $90 a barrel by 2020 due to IMO regulations that put a cap on the sulfur emissions in the shipping industry.

Consolidated Chassis Management has joined the Blockchain in Transport Alliance (BiTA).

Roadrunner Transportation Systems announced today that it has joined BiTA, a group dedicated to implementing standards for the digitalization of the supply chain.

As fleets adopt more advanced safety system, the issues of initial and ongoing driver training become the primary vehicle to the success of those system.

There’s nothing done at large scale today. That’s just not reality. There’s still more questions than answers. But what is being done, and how?

The Freight Movement is in partnership with Arrive Logistics …Moving freight to its final destination starts with the ability of a shipper or broker to find available capacity. That load tendering process is rapidly changing.

Shipa Freight, a spinoff from Agility, has created a platform that makes it easier for SMEs to book air and ocean freight online.

Transparency18 sponsored article… IA looks to leverage data gathered from all parties involved in the journey of a shipment to help bring total visibility into the industry and untangle the mess that is transportation data.

FreightOptics, the freight auditing and optimization software with business intelligence, cost allocation capabilities, and a web-based transportation management system, announced today it has been admitted to the Blockchain in Transportation Alliance (BiTA).

Brad Taylor, VP of data and IoT at Omnitracs, spoke to FreightWaves about the intersection of ELDs and blockchain technology before the BiTA spring symposium next week.

The project will be powered with Virgin Hyperloop One’s technology to “enable ultra-fast, on-demand deliveries of high-priority goods and can revolutionize logistics, support economic zones, and create thriving economic megaregions.”

Learning Machine has developed an application for issuing and verifying official records using the blockchain as a secure encrypt of trust, which could help reduce driver identity fraud and loss of freight to theft.

The pharmaceutical industry witnesses the DSCSA legislation which makes it mandatory for companies to provide visibility and traceability in its supply chain.

Convoy revealed Monday morning that U2’s Bono and The Edge quietly invested in the company last year.

Post the U.S. pulling out of the Iran Nuclear Deal, Iran has lashed out saying the U.S. is trying to drive up oil prices to help in strengthening the US dollar.

Get the package there and get it there on time. A simply ask, but one that has become increasingly difficult in recent years as e-commerce has exploded and retailers and e-tailers fight for those dollars.

Suddath Global Logistics (SGL), a division of The Suddath Companies, joined the Blockchain in Transport Alliance (BiTA).

According to at least one analyst, Tesla may be putting its ambitious Semi project on hold as it tries to solve its many other issues, including Model 3 production.

Brokerage firms struggle with finding carriers for loads and real visibility in the industry is still a concern. Trucker Tools is providing a solution to this predicament through its Smart Capacity feature.

A truck driver probably isn’t going to choose which company to drive for based on a fuel card, but the cards are becoming a more important tool than ever before as part of the experience that more fleets are selling to attract and retain drivers.

Continuing its commitment to leveraging emerging technologies, the Florida East Coast Railway has joined the Blockchain in Transport Alliance (BiTA).

TransCard is a SaaS-based funds disbursement and management platform that has introduced a new incentive payout platform, which allows 3PLs, drivers, and carriers to pay their representatives instantly when they achieve their incentive goals.

Today, CJ Logistics announced it has joined BiTA, an alliance of companies in the freight space dedicated to developing global, open-source standards for the use of blockchain technology in the supply chain.

Passenger and freight coming to a hub near you—sooner than you may think.

OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group. has joined BiTA.

Signs of movement over to rails, OOIDA sounds off on younger drivers, U2 puts its money into trucking.

Companies may tell you they are innovative, but a lot of the time standard procedures and internal structure inhibits the creative process limiting a company’s ability to progress. Kenco has found success by dedicating themselves to the cause.

Volvo Cars and Volvo Trucks are working together in sharing real-time traffic related data between their vehicles to improve safety of its drivers on the road.

Tesla’s stock fell by over 8% during the last day due to Elon Musk refusing to answer profitability related questions posed by investors during the Q1 post-earnings call.

Bayer AG’s takeover of Monsanto has raised a lot of eyebrows as the merger has all the makings of an industrial monopoly, with the company looking to refute such concerns.

Gil Perez, Senior VP at SAP discussed the impact of blockchain in the transportation and logistics industry and the need of consortiums to expedite adoption.

Realizing the power of blockchain technology, dexFreight has joined BITA.

Anheuser-Busch will purchase up to 800 Nikola Motor Company hydrogen-electric trucks as part of a plan to convert its dedicated fleet to alternative fuel by 2025.

Dicom Transportation Group has joined the Blockchain in Transport Alliance (BiTA) in an effort to help shape blockchain standards across the transportation industry.

Agile Blockchain Corp. has announced its alliance with the Blockchain in Transport Alliance (BiTA).

Nikola Motor has sued Tesla for patent infringement on its Nikola One, at left. The Tesla model is at right. Nikola claims Tesla violated patents on door placement, wraparound windshield and the fuselage.

Great Dane announced it has joined the Blockchain in Transport Alliance (BiTA).

Netradyne’s Driveri system records driver behaviors. A new extension of that adds real-time notifications to the driver in the cab.

Along the side of a tractor-trailer is a blind spot for drivers, but it is also an area where incidents can happen. Adding side cameras can help record those incidents.

Regardless of technology, the transportation industry is still built on relationships.