In partnership with Parade, McLeod Software’s digital freight matching API equips brokers with best-in-class capacity management.
Robust marketplace offers more than connectivity for shippers and carriers.
As FetchGoat began to grow, co-founder and CEO Bill Hale had one strategic investor in mind.
TriumphPay’s Emily Meyers notes that it’s tougher for carriers to predict their cash flow and expenditures while facing such long payment cycles.
From a Netflix-worthy docudrama at TuSimple to dueling technology announcements, autonomous trucking took steps toward commercialization.
TuSimple cut 25% of its workforce that grew too fast following the company’s public debut in 2021.
Several airlines have tapped software interfaces to allow electronic bookings for their cargo capacity.
The spending bill to keep the federal government running through fiscal 2023 includes updated measures for trucking and maritime sectors.
Autonomous trucking startup TuSimple will be on the hook for $15 million in cash severance if it ousts CEO Cheng Lu a second time.
Echo Global Logistics’ contractual sourcing and continuous movement programs are helping owner-operators stay the course amid market volatility.
McLeod enhances its rate index calculator with high-frequency spot rate data.
Knight-Swift is the first carrier to put its own driver behind the wheel of a tractor embedded with autonomous software from Embark Trucks.
Autonomous trucking developer TuSimple appointed three independent directors to right its ship after a month of boardroom drama.
Uber Freight and Volvo Autonomous Solutions are stressing patience over hype in working to digitally schedule loads for the truckmaker’s one-stop shop for all things autonomy.
Appearing on Fuller Speed Ahead in, Venture 53’s Pat Martin says the supply chain is the most fragmented industry today and that we need AI to solve problems, not automation to replace workers.
Supply chain technology startups have “a level of staying power,” says Ironspring Ventures investor Natan Ruddy.
7LFreight is a Freightos company that gives freight forwarders the ability to compare less-than-truckload prices by lane and execute a move.
Ryder’s Rob Pluta and Geotab’s Stephanie Voelker discuss how carriers and shippers can overcome technology fragmentation to create more efficient supply chains.
Trimble is acquiring German transportation management system provider Transporeon for $1.9 billion.
Blockchain technology provider CargoX believes skeptics shouldn’t be bystanders in the creation of global shipping data standards.
7L Freight is making truck procurement more convenient for logistics companies by combining dynamic rate management with electronic booking.
As a seed-stage startup, Ali Javidan’s Range Energy doesn’t have much to show yet for his idea of electrifying trailers.
Coupa Software is being acquired by Thoma Bravo in a deal valued at $8 billion.
Surge Transportation’s Omar Singh discusses shippers limiting broker partnerships for arbitrary reasons rather than their specific strengths and weaknesses.
With investor appetite shrinking, will FreightTech companies feel the pain in 2023? A recent survey shows mixed results.
Descartes said demand for supply chain visibility tools remains strong amid uncertainty in the broader economy.
The breakup with Navistar is a big deal for autonomous truck developer TuSimple, but its balance sheet could limit reputational damage.
“Whether a company is big or small, they all need to provide visibility to their customers. … If a company can’t provide delivery dates, process inventory efficiency and delivery on-time then the customers will go somewhere else,” said project44 founder and CEO Jett McCandless.
“Now, stone yards across the country can get on our site, find a load of stone, get the shipping cost and book a truck in a matter of minutes,” said StoneLoads CEO Patrick Wells.
Einride has raised $500 million through a combination of equity and debt financing, giving it more funding to accelerate deployment of its autonomous and electric vehicles.
The industry’s first autonomous trucking marriage between TuSimple and Navistar is the first to end in divorce.
It is not exactly a fundraising round, but Kodiak Robotics is generating $49.9 million in autonomous work for the U.S. Army
“Scheduling appointments at facilities is one of the most common activities in trucking, but it is also one of the most fragmented and offline,” said Dan Lewis, co-founder and CEO of Convoy.
As digital freight technology becomes more mainstream, carriers aren’t quite ready to lose the human element entirely.
Rail and truck TMS plans to add ocean and barge.
Cummins Inc. closed the $197 million purchase of Siemens’ Commercial Vehicles business, a deal originally struck by Meritor.
OneRail plans to scale sales, marketing and data science.
AWS Supply Chain has launched an application to unify supply chain data from multiple systems and vendors.
With Ditat, carriers do not need to have their own experts on staff or hire a third-party developer to set up an EDI connection. They just need to reach out to customer support, which will take it from there.
The blockchain-enabled global platform TradeLens will go offline by the end of the first quarter of 2023.
OmnisTMS enhances its truckload pricing engine with high-frequency spot rates.
Netradyne’s Kristin Tedesco outlines the many ways fleets can engage with their drivers and show thanks this holiday season.
Upgrading your TMS will only be more difficult the longer you wait.
“The procurement of industrial products and spare parts is at a critical crossroads as the global supply chain is faced with unprecedented headwinds,” said Chris Lawrence, managing partner at Labyrinth Capital Partners.
Surge Transportation’s Omar Singh explains why partnerships are still key in the platform’s digital model.
Hydrogen fuel cell truck maker Hyzon Motors faces Nasdaq deadlines after missing a financial filing for the second consecutive quarter.
Several high-profile commercial electric vehicle makers have faced recent struggles, but BrightDrop says it is on pace for $1 billion in revenue next year.
A theme emerges as you look around the electrification and autonomous trucking space. Practically no one does it alone.
IFS democratizes 3PL software for companies large and small.
Boardroom drama at TuSimple takes a new turn with the executive chairman holding 59% voting control of the company.
CEO Michael Colin details MVMNT’s delivery of enterprise-level technology downstream to smaller brokerages.
Don’t miss out on what Mexico has to offer. Go with the leading cross-border 3PL.
“We will continue our ecosystem expansion, powering even more flexibility in quoting and securing capacity as well as some tactical expansion into additional modes and methods of transportation,” said Greenscreens.ai CEO Dawn Salvucci-Favier.
“We strategically positioned our carriers six months ago for the freight they are hauling today,” said the company’s senior director of capacity, Ivan Momchilov.
How does nearly three years as a nuclear machinist’s mate in the U.S. Navy prepare someone to be CEO of Wabash?
If you’re not investing smartly in people and tech, you’re asking to be left behind.
Cheng Lu, ousted as CEO in an unannounced succession plan in March, is returning to autonomous truck developer TuSimple in his former role.
Guided by Emtec Digital, companies can expedite their digital transformation by implementing robotic process automation and intelligent automation, allowing for enhanced operational efficiency and productivity.
Mark Russell has been selling converted options in Nikola daily since mid-September, which is not a good look for a company CEO.
Ouster and Velodyne have seen their stock prices tumble this year, but can a merger between the two lead to a turnaround?
The 2023 list saw a mix of award mainstays and brand-new names. Nos. 1 through 7 all claimed their fifth straight award — meaning they’ve found their way on the FreightTech 25 each year since 2018, when the series was founded.
Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.
DHL Supply Chain is placing bets on different emerging technologies to get a “green” fleet.
See how you stack up against your peers in minutes.
Trucking brokerage founder and CEO Brittany Traylor talks about creating a startup — with help from software management system Turvo.
Supply chain technology provider Trimble Inc.’s transportation revenue dropped 10% in the third quarter.
Einride will be building electric vehicle charging stations to support Maersk’s deployment of its E-truck, starting with a facility near the Port of Los Angeles.
“We understand that the transition from Kuebix to MyCarrier may seem stressful for some of our shippers, but Estes, Trimble and MyCarrier are committed to simplifying the process,” said President and CEO Rob Estes.
Embark Trucks is expanding into several key markets to create a coast-to-coast autonomous trucking network of transfer locations.
Lean Solutions Group, a logistics staffing company that recently passed the 10-year mark, has been investing in technology to keep the company’s growth on track.
A permanent replacement for TuSimple CEO Xiaodi Hou is expected soon as the company chairman and the ousted founder exchange barbs.
Logistics startup Newtrul has raised an additional $5 million to be the “Expedia” of freight booking.
TuSimple fired co-founder Xiaodi Hou as CEO and kicked him off the board amid federal probes into dealings with China.
The Wall Street Journal reports multiple federal probes of TuSimple’s China dealings after a watchdog set up oversight in February.
Driver-facing cameras are seen as intrusive and an invasion of privacy in the truck-driving community. Yet fleets are rapidly adopting them.
Brokerages can go digital without losing the human element that makes them unique.
Powerfleet takes the high cost and complexity out of data integrations.
TMS will be at the heart of this new tech-based transformation, offering robust tools to shippers reimagining operations — and, most importantly, to those that historically haven’t enjoyed access to the technology.
“U.S. merchants and marketplaces will need to look for new customers, and this may be a great opportunity to market to and acquire customers from beyond their borders in Q4 and into 2023,” said BoxC’s new director of business development, Mark Waverek.
“LuckyTruck would not be where it is today without Julie,” said founder and President Devin Bostick of new CEO Julie Zimmer.
An overview of F:3 Future of Freight Festival, Day 3.
FreightWaves and ZUUM are partnering to make SONAR data available to mutual customers.
An overview of Day 2 of F3: Future of Freight Festival.
Better Tomorrow Ventures’ Jake Gibson says LogRock is “well positioned to help fleets save real money by staying off the FMCSA’s radar and steering clear of avoidable court cases.”
Netradyne’s scoring system incentivizes safety through competition.
An overview of Day 1 of F3: Future of Freight Festival.
An overview of F3: Future of Freight Festival and the key speakers.
The federal government made SPAC-sponsored Nikola founder Trevor Milton an example of corporate greed. Will others follow?
Nikola founder Trevor Milton on Friday was found guilty of three counts of fraud and will be sentenced Jan. 27.
TruckWings, the aerodynamic invention of Daniel Burrows, has more value than just the half-billion miles of on-road experience.
The Trevor Milton fraud trial heads for jury deliberations Friday following invective-tinged final arguments.
PayCargo won its trademark case against CargoSprint, which was hit with $11.6 million in damages.
Since founding as Kargoo in 2018, Los Angeles-based Shappi has raised $3.2 million to digitize the process of getting goods from the United States into the hands of consumers in Latin America.
FreightWaves and Revenova announce a partnership that will benefit mutual customers.
Cummins Inc. adds Minnesota to a growing list of global sites where it is manufacturing electrolyzers for green hydrogen.
Warehouses are turning loss to profits with CartonCloud’s WMS.
Supply chain startup Altana Technologies has completed a $100 million Series B raise.
Romeo Power founder Michael Patterson shares what happened at the startup battery maker as a cautionary tale for other SPAC-backed startups.
Woodlawn Partners leads the debt and equity co-investment with Monroe Capital.
Jake McPaul, who led Misfits Market’s logistics operation during the COVID-19 pandemic, will lead Warp’s new Fresh Freight division.
