“In an era where financial empowerment can impact the success of companies and the livelihood of small business owners, we’re making sure the trucking community can take advantage,” says OTR CEO Fritz Owens.
Uber Freight’s negative EBITDA was improved from the first quarter, but revenue has declined steadily for more than a year.
“The establishment of a Silicon Valley-based technology lab is a natural evolution for Ryder,” says Ryder’s CMO.
J.B. Hunt Transport is helping Nikola reduce its inventory of battery-electric trucks and adding to the order bank for fuel cell models.
Transportation spend optimization is a shipper’s secret weapon to transform its spend management process, improve inefficiencies, and reduce complexities and operational risk.
Investor confidence coincidentally clashes with an executive’s stock sales at autonomous trucking developer.
The future of Waymo Via had been whispered about for months after parent Alphabet Inc. cut thousands of jobs across the company earlier this year.
Merchants can use FlowspaceAI for Freight, particularly its Network Optimization tool, to support a range of services, enhancing fulfillment operations and providing valuable insights for marketing and sales strategies.
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
Other charging infrastructure startups have more resources but WattEV has an early advantage in making charging available.
Seeking clues in TuSimple’s delayed financials; a case for an autonomous trucking slowdown; and Kodiak Robotics’ dual-use approach to autonomy.
Capital markets that have been freezing out mobility startups may be thawing with Aurora Innovation raising $820 million in new funding.
Fluid Truck Renew helps commercial fleets lease out parked equipment and offers a simple way for new fleets to enter the market.
According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.
Kodiak Robotics and Drivewyze are working with Texas authorities to make it easier for autonomous trucks to bypass weigh stations.
Torc Chief Strategy Officer Andrew Culhane chats with FreightWaves’ Thomas Wasson in this Enterprise Fleet Summit fireside chat about the strategies used to integrate new technologies.
Nikola won’t need any more shareholders to vote for a share count increase because a Delaware rule change lowers the threshold.
Innovative FreightTech firms showed off their newest products during FreightWaves’ Enterprise Fleet Summit on Wednesday.
Trimble’s Jesse Chappell discusses how video AI in trucking is gaining momentum with enterprise fleets.
Truckstop has acquired FreightFriend, an AI-powered carrier relationship management platform.
“I think this acquisition sends the message to the market that we are here to add real value,” said Ship Angel founder Graham Parker.
Daimler Truck forecasts a sunny outlook for its business, especially in North America and Europe.
Autonomous mobile robots can help combat the warehouse worker shortage, experts say.
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to […]
Earnings at supply chain software provider E2open were a mixed bag, better than a year ago but weaker sequentially.
Tive’s technology advancements allow customers to see blind spots in air and ocean cargo.
Redwood’s CEO says the acquisition of Rockfarm strengthens its “modern 4PL” capabilities.
Obtained documentation shows Transfix is looking to raise funds at a $376 million valuation.
Even as it pivots from the U.S. market for autonomous trucks, TuSimple still faces threat of Nasdaq delisting over late reports
A major air cargo terminal in Hong Kong is deploying robots to monitor security and damaged shipments.
Nominate freight industry disruptors for FreightWaves’ annual 2024 FreightTech awards before Friday, Sept. 1.
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
The Swiss company’s precision dropping system autonomously releases cargo from a few feet in the air when the drone has reached its destination.
Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary.
Research and development initiatives in the freight rail industry should turn their focus on integrating systems that are typically siloed in railroad operations, sources tell FreightWaves.
“People that are integrating with AI will be able to significantly save money and move ahead of others that are not looking at AI as a promising tool for the industry,” Ezlogz CEO CJ Karman said.
Ditat helps Artur Express grow revenue by bringing its detention-monitoring and management capabilities into real time.
The voluntary structure of NHTSA’s automated vehicle testing initiative will hinder the agency’s ability to modify AV safety regulations down the road, OOIDA contends.
People remain invaluable in solving the unanticipated problems that arise in the course of everyday operations.
By focusing on customer change management, FreightTech providers see real results with AI-driven technology.
Uber Freight’s Market Access is an AI-powered algorithm that gives shippers transparent freight pricing and greater control over their procurement stipulations.
Speedcargo seeks out hidden cargo space among airfreight providers.
After months of turmoil and an inability to regain meaningful momentum, TuSimple looks at selling its U.S. operations.
Tomorrow.io’s satellite constellation will transmit near-real-time scans of precipitation, ocean and atmospheric profiles for any point on Earth.
FreightWaves’ Innovation Alley at the Future of Supply Chain event featured FreightTech demos from Ezlogz and Bridgestone Mobility Solutions/Azuga.
After originally working with TuSimple, Loadsmith picks Kodiak Robotics for autonomous driving systems.
At the Future of Supply Chain event, the Cato Institute’s Marian Tupy lays out the case for measuring wealth in terms of hours of labor needed to buy goods and services.
The collaboration among Convoy, J.B. Hunt, Uber Freight and others to use technology to streamline scheduling at the dock level is proceeding as planned, according to company leaders at FreightWaves’ Future of Supply Chain conference in Cleveland.
Vizion’s solution allows users to receive tracking updates for all containers across both ocean and rail without a letter of authorization.
Co-founder and Chief Strategy Officer Justin Bailie told FreightWaves that Rose Rocket has seen 47x growth since its last raise in 2021 by focusing on product-led expansion.
Conceding digital brokerage got a “bad name” early on, Uber Freight’s Souder looks to add human element to the experience.
The company plans to leverage RetailOps’ technical talent to accelerate product development and provide brands with omnichannel solutions.
Battery chemistry will play a critical role in advancing electric trucking beyond regional and drayage hauling.
Autonomous trucking software developer TuSimple completed a driverless truck pilot on a U.S. highway in 2021. Now it has done it in China.
Hyzon Motors is not out of the woods yet, but it is current on required financial filings and has streamlined its fuel cell business.
Demand for global supply chain visibility tools is forecast to hit $39B by 2028.
Lightning eMotors identifies electrifying small school buses and shuttle vans as its niche. Scaling depends on finding new capital.
Descartes MacroPoint’s ocean visibility product brings data together in an accessible way that previously was not possible, providing transparency into data and locations during the whole ocean shipping process.
The outcome of Nikola’s bid to double the number of authorized shares in the company could determine its ability to survive.
Jim Waters, Frayt’s vice president of marketing, said the company’s survey highlighted the growing need for last-mile services; 37% of respondents said 50% of their logistics operations fell into the last-mile category.
Yesterday’s emerging technology is today’s table stakes for supply chain participants.
Digital freight marketplace NEXT Trucking is on the prowl for either additional capital or an exit.
PalletTrader’s founder discusses the success of the newest online pallet marketplace that is changing the way pallets are bought and sold.
Class 5 electric trucks have a broad customer base and a lot of manufacturers chasing the space where regulation comes soon.
Freight Ninja is positioning itself as an industry leader in combating the truck parking shortage across the United States.
The California State Assembly voted 54-3 to ban autonomous trucks without safety drivers from the state’s roadways.
School buses qualify for a lot of incentives to go electric, but are the vouchers and grants enough to make a difference?
“Investors have shifted from a growth-at-all-costs mindset to focus on the path to profitability and scalable growth. No startup, not even the rocket ships of logistics technology, will be immune to these trends,” says project44 founder and CEO Jett McCandless.
Embark Technology, an early leader in autonomous trucking software development, becomes part of Applied Intuition in a $71 million deal.
Nikola has a minimum of 180 days to get its share price above $1 or it could be delisted from the Nasdaq.
Freightos, an online reservation portal for freight shippers, is adding users, but heavy development costs and a weak shipping market make it difficult for the startup to reduce losses.
Lordstown Motors dodged delisting from the Nasdaq by a reverse stock split, but its future remains murky.
“We want [global shipping] to be self-explanatory, easy to navigate and easy for you to find the answer you are looking for,” says Maja Bernstein, vice president of industry relations at Fluent Cargo.
Convoy’s co-founder and CEO suggests that FreightTech offerings have paved the way to disrupt fragmentation with a new model of shipping: the hybrid carrier model.
The outsourced logistics arm of FedEx is opening up the way it shares data on electronic bookings for air cargo with a major customer.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
FreightTech providers are examining disruptive global shipping modifications that would be detrimental without AI’s support.
Autonomous trucking software developer TuSimple will cut 300 more jobs and keep China operations it had planned to spin off or sell.
Cummins wants its filtration business to stand alone, but the engine and power distribution company will keep at least 80.5%.
ChatGPT and other advanced AI tools are looking to find homes in supply chain software and in some cases already have.
“Ditat allows us to see the full picture immediately, and if detailed information is required we can pull the required reports and dissect it further,” Silver Trucking’s Behaija Dzananovic said.
Intramotev will use the $200,000 grant to test and deploy three self-propelled rail cars in the Upper Peninsula of Michigan in late 2023.
Former Daimler Truck North America CEO Roger Nielsen will become chairman of Proterra Inc. (Photo: Daimler Truck North America)
Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure.
Once the flywheel that is electric trucks gets spinning, there will be no slowing it down. But as former college football coach Lee Corso is fond of saying on ESPN […]
Four supply chain-focused firms have secured a combined $70 million in funding amid a sluggish investment market.
EY Americas’ Sumit Dutta says there’s a realization among companies that a broken or inefficient supply chain is going to crimp growth.
Integrated business planning solutions “enable an organization to respond to changing demand while managing product flow to ensure high customer service,” says ArchLynk CEO Sekhar Puli.
Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain.
“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.
Tech solutions firm Trimble reported $154.9 million in first-quarter transportation revenue amid a softening freight market.
Supply chain software provider e2open gave a bleak outlook in its earnings. Its stock took a pounding in response.
Uber Freight, Convoy and J.B. Hunt formed the Scheduling Standards Consortium in December to standardize trade data and synthesize scheduling technology.
Uber Freight suffered along with the general freight market downturn and saw its first-quarter EBITDA sink yet again.
Electric truck maker Nikola will get 50 Hyla-branded hydrogen fueling stations in a five-year deal with infrastructure developer Voltera.
Kodiak Robotics bought a Peterbilt Model 579EV to marry its autonomous system with electric propulsion. It is using the truck in testing.
Kodiak has taken big steps along its commercialization journey with new carrier partnerships and advancements in its self-driving trucking technology.
Carriers will now be able to handle their fuel expenses on Uber Freight’s app with no annual fees, according to the freight marketplace.
Tracking trailer inventory was always part of Outrider’s autonomous distribution yard plan. Now, it is happening.
Aurora Innovation and Continental AG are partnering to build the Aurora Driver autonomous hardware to scale for the U.S. in 2027
